In 2023, the construction sand and gravel dredging operations in Maine were at 1.9 s. The forecast indicates stability for 2024 and 2025 at 1.9 s, followed by a gradual decline to 1.7 s in 2028. Year-on-year variation shows steady performance in the initial years with a slight negative trend starting 2026. The compound annual growth rate (CAGR) over the five-year forecasted period from 2024 to 2028 is slightly negative, indicating a slow decline in dredging operations value.

Future trends to watch include:

Potential environmental regulations affecting dredging operations.
Shifts in construction demand in Maine impacting sand and gravel usage.
Technological advancements in dredging efficiency and environmental impact reduction.