Forecast: Sand and Gravel Trade Balance the UK

The UK sand and gravel trade balance from 2024 to 2028 is forecasted to be in deficit, with each subsequent year showing a declining negative balance. Starting from -5.12 million metric tons in 2024, the deficit narrows steadily to -4.41 million metric tons by 2028. Comparatively, this indicates a consistent annual improvement, suggesting a reduction in imports or an increase in domestic production. Year-on-year, there is an improvement of approximately 3.5% to 3.9%. The compound annual growth rate (CAGR) over this period is a moderate improvement.

Future trends to watch for:

  • Domestic production and technological advancements in sand and gravel extraction.
  • Regulatory changes impacting import-export dynamics.
  • Economic indicators influencing construction industry demand, a primary consumer of sand and gravel.
  • Sustainability trends affecting sourcing and usage practices.

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