From 2013 to 2023, Saudi Arabia's industrial sand and gravel production saw fluctuations, starting at 1.3 million metric tons in 2013 and reaching 1.56 million metric tons in 2023, marking a 20% increase over the period. Notable years include a dip in 2015 (-10%) and a significant rise in 2020 and 2021, with a 16.79% increase after a notable 2020 decline (-15.27%). The average annual growth rate (CAGR) from 2019 to 2023 was about 2.02%.
**Future trends to watch for:**
- The forecast for 2024-2028 anticipates modest average annual growth of approximately 1.45%.
- The projected production level in 2028 stands at 1.7 million metric tons, a 7.47% increase from 2023.
- Monitoring global economic conditions and domestic policy changes will be crucial for future production trends.