The forecast for construction sand and gravel operations in the Midwest for 2024-2028 indicates a steady decline in production, starting from 6.25 million metric tons in 2024 and decreasing annually to 4.9 million metric tons in 2028. Compared to 2023's actual value, 2024 marks the beginning of this downward trend. Year-on-year variations show a consistent average decrease of around 5-6% per year. Over the five-year period, the compound annual growth rate (CAGR) projects a persistent contraction in the sector. Key trends to monitor include shifts in construction demand, environmental regulations, and advancements in materials that could reduce reliance on traditional sand and gravel.
