In 2023, construction sand and gravel operations in the South of the US reported between 600,000 to 699,999 metric tons annually, totaling 10.36 million metric tons. This forecast shows a gradual decline: 10.12 million metric tons in 2024, decreasing to 9.17 million metric tons by 2028. The annual decrease from 2024 to 2025 is 2.47%, and from 2026 to 2027 is 2.39%. The five-year CAGR is approximately -2.42%, indicating a steady contraction.
Future trends to watch for:
- Shifts in infrastructure investment and governmental spending could impact demand.
- Environmental regulations and sustainability practices may influence production practices.
- Technological advancements in material substitutes might affect the market dynamics.