The crushed stone volume in the US saw a consistent increase from 2013 to 2017, with Year-on-Year (YoY) growth peaking in 2015 at 6.4%. Following 2017, there has been a notable decline, with a continuous drop observed until 2023, where the volume stood at 1.3572 Billion Metric Tons. The Compound Annual Growth Rate (CAGR) also reflected this trend, peaking during the mid-2010s and then progressively declining, reaching -0.021% in 2023.
From 2024, the forecast data indicates a modest but steady decline, with the volume expected to decrease marginally year on year to 1.3558 Billion Metric Tons by 2028. The projected 5-year CAGR from 2024 to 2028 is -0.02%, reflecting a slight overall downturn in the period.
Future trends to watch for:
- Impact of infrastructure projects and policy changes on demand
- Environmental regulations affecting production and usage
- Evolving construction methods and materials
- Technological advancements in production efficiency
- Market dynamics and economic conditions influencing construction activity
