As of 2023, construction sand and gravel operations in the Southern U.S. reported 6.52 million metric tons. The forecast for 2024 to 2028 predicts a decreasing trend, from 6.29 million metric tons in 2024 down to 5.21 million metric tons in 2028. Year-on-year variations indicate a gradual decline with a decrease of 4.45% from 2024 to 2025 and 4.5% from 2025 to 2026. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 signals an average annual decrease of about 4.63%.
Future trends to watch for include:
- Impact of regulatory changes on production costs and output.
- Technological advancements improving extraction efficiency.
- Potential shifts in demand due to housing and infrastructure developments.