In 2023, the construction sand and gravel portable plants sector in New Hampshire had a standing value of 31 thousand units. The forecast from 2024 onward indicates a gradual decline, with values decreasing from 30.7 to 29.7 by 2028. The year-over-year variation shows a small but steady decline, suggesting a maturation or potential reduction in demand.
The compound annual growth rate (CAGR) over the five years indicates a negative average annual growth, highlighting concerns for long-term sustainability.
Future trends to watch include:
- Impact of environmental regulations on operational costs and output.
- Advancements in construction technology potentially reducing reliance on traditional sand and gravel.
- Market shifts due to urbanization trends or infrastructure projects.