The construction sand and gravel operations in the West of the US reported 530,000 Metric Tons per year in 2023. The forecasted data from 2024 to 2028 reveals a gradual downtrend, with a decline from 15.17 million metric tons in 2024 to 14.22 million metric tons in 2028. The annual decrease across these years averages about 1.61%, while the compound annual growth rate (CAGR) over the five years is -1.60%, indicating sustained contraction in this segment.
Future trends to watch for include:
- Regulatory changes in environmental policy impacting sand and gravel operations.
- Technological advancements influencing production methods and efficiency.
- Fluctuations in construction activity in the Western US driven by economic factors.
- Alterations in domestic and international demand for construction materials.
