In 2023, the processed crude perlite used to make expanded perlite in the US stood at $73.75 per metric ton. Based on forecasts, this value is expected to rise steadily from 2024 through 2028, with year-on-year increases hovering around 2%. The compound annual growth rate (CAGR) over the five-year forecast period reflects an annual average increase of approximately 1.8%.
Future trends to watch for include the impact of economic conditions on perlite demand, potential technological advancements in processing that could affect production costs, and shifts in global perlite supply chains influencing price volatility.