China was Methanex’s largest region in fiscal 2023, bringing in $1.04B of $3.29B (32%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|
| China | $828.28M | $1.26B | $1.11B | $1.04B | |||
| Europe | $488.96M | $883.29M | — | $722.58M | |||
| United States | $419.46M | $670.62M | $657.50M | $574.95M | |||
| South Korea | $284.46M | $525.85M | $542.65M | $391.82M | |||
| Other Asia | $241.48M | $455.79M | $518.90M | $387.37M | |||
| South America | $269.85M | $438.46M | $458.99M | — | |||
| Canada | $117.48M | $176.80M | — | $175.41M | |||
| Total | $2.65B | $4.41B | $3.28B | $3.29B |
Methanex brought in $3.29B from its six regions in fiscal 2023, the year ended December 31, 2023. Methanex regrouped these regions after fiscal 2022, so the total does not compare directly with that year's $3.28B. China was the largest at $1.04B (31.6%), ahead of Europe at $722.58M (21.9%) and United States at $574.95M (17.4%). The other three regions brought in $954.61M combined.
Compared with fiscal 2022, every region above 2% of revenue shrank. China held up best, down 5.7% to $1.04B, and South Korea fell the most, down 27.8% to $391.82M.
Methanex stopped reporting South America as a separate region after fiscal 2022, when it brought in $458.99M.
Methanex (MEOH) reports its revenue by geography. In fiscal 2023, China was its largest region, bringing in $1.04B (31.6% of the total), followed by Europe at $722.58M (21.9%).
China was Methanex's largest region in fiscal 2023, bringing in $1.04B, or 31.6% of the $3.29B total across its six regions.
Every figure comes from Methanex's annual financial filings, as reported. Each line keeps the name Methanex gives it, and years follow its fiscal calendar.
Methanex's revenue by geography goes back to fiscal 2017, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.