The industrial sand and gravel production in France has shown various trends over the years. From 2013 to 2015, the industry stagnated with a consistent value of 8.75 million metric tons. Thereafter, a gradual growth took place from 2016 to 2019, peaking at 9.54 million metric tons. Production dropped significantly in 2020 by 15.52% due to the pandemic, followed by a sharp increase of 22.54% in 2021, reaching 9.88 million metric tons. As of 2023, production stood at 10.2 million metric tons, growing at 1.58% year-on-year with an average CAGR of 1.71% over the last 5 years.
Looking ahead, the forecast for industrial sand and gravel production in France appears positive, with consistent growth projected. By 2028, production is expected to reach 11.03 million metric tons, signifying a forecast 5-year CAGR of 1.24% and a total forecasted growth rate of 6.35%.
Future trends to watch for include technological advancements in extraction processes, regulatory changes impacting production, and varying demand from key industries such as construction and manufacturing. Additionally, environmental concerns and sustainable practices are likely to influence production strategies.
