In 2023, the South region of the US was reported to have construction sand and gravel operations producing between 300,000 to 399,999 metric tons per year, valued approximately at 29.08 million metric tons. The projected forecasts for 2024 to 2028 indicate a gradual increase in production volume, reaching up to 30.48 million metric tons by 2028. This represents a compound annual growth rate (CAGR) of about 1.17% over the five-year period. Year-over-year, slight incremental growth in volume is predicted, reflecting stable demand in the region.
Future trends to watch for include:
- Potential impact of environmental regulations on production and demand.
- Technological advancements in extraction and production that could boost efficiency.
- Regional economic developments affecting construction activity.
