The US Fullerʼs Earth exports forecast shows a steady rise from 48.1 thousand metric tons in 2024 to 52.1 thousand metric tons in 2028. As of 2023, the exports stood slightly lower at 47.1 thousand metric tons, indicating a consistent growth trend.
Future years show a linear increase of nearly 2.08% year-on-year, emphasizing a stable demand. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 highlights a modest yet positive growth of approximately 2% annually.
Future trends to watch:
- Emerging international demand driven by cosmetics and industrial applications.
- Environmental regulations impacting mining and production costs.
- Potential technological advancements in extraction and processing methods.
