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Azerbaijani methanol exports to Israel see notable price upswing

Economy Materials 9 June 2025 23:59
Trend News Agency
In the first quarter of the year, Azerbaijan's methanol exports to Israel fell significantly in volume but saw a sharp increase in average price, rising by over 70 percent year-on-year. Despite reduced tonnage, the higher unit price helped limit the overall revenue decline, reflecting shifting market dynamics in methanol trade.
Azerbaijani methanol exports to Israel see notable price upswing

BAKU, Azerbaijan, June 10. Azerbaijan exported 12,400 tons of methanol (methyl alcohol) to Israel from January through March 2025.

Data obtained by Trend from the State Statistics Committee indicates that this volume of exports generated $4 million in revenue.

Moreover, the volume of methanol exports to Israel dropped by 10,300 tons, or 45.4 percent, compared to the same period last year, while the value declined by $272,000, or 6.3 percent.

Additionally, Azerbaijan had exported 22,700 tons of methanol to Israel, worth $4.3 million, last year during the same period.

Despite the drop in volume, the average price per ton of methanol exported to Israel increased significantly, reaching $325 — a 74.2 percent rise compared to $186.6 per ton in the previous year.

Overall, Azerbaijan exported 90,700 tons of methanol between January and March this year, generating $28.2 million in revenue. The country's methanol exports during this period were directed to Israel, Türkiye, Bulgaria, Romania, Gibraltar, Italy, Slovenia, and Greece.

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