The forecast for construction sand and gravel operations in the Midwest U.S. indicates a steady decline from 24.26 million metric tons in 2024 to 23.11 million metric tons by 2028. Comparing to the 2023 figure, which stood slightly higher than 24.26 million metric tons, there's a noticeable year-on-year decrease of approximately 1.2% - 1.3% over the period, resulting in a five-year CAGR of around -1.2%.
Future trends to watch:
- Economic fluctuations impacting construction demand.
- Regulatory changes influencing mining operations.
- Sustainability and alternative materials affecting traditional demand.