Vermiculite, perlite and chlorites: unexpanded

In 2024, vermiculite, perlite and chlorites: unexpanded trade exhibited significant decline, with global flows reaching $243,732,622 and a three-year compound annual growth rate of -3.3% (five-year: -0.3%). The all-time peak of $310,444,438 was recorded in 2006; the current level is 21% below that high-water mark.

Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-4.0% acceleration).

The World Trade Flows Characterization classifies vermiculite, perlite and chlorites: unexpanded as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.114). The three largest exporters — South Africa ($49.7M), Türkiye ($45.5M), and Greece ($37.7M) — collectively dominate supply flows. The leading exporter has grown at -1.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.053). The three largest import markets are United States ($38.0M), Mozambique ($19.0M), and South Korea ($18.4M). The largest importing market sources from 24 different supplying countries.

Estimated substitution elasticity: -28.70. Buyers are highly price-sensitive and can switch between suppliers relatively easily.

The dominant trade corridor is Greece → United States at $19.0M, representing 50.1% of the importer's total demand.

The volatility score for vermiculite, perlite and chlorites: unexpanded is 9 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.