In 2023, the value for construction sand and gravel stationary plants in Oregon was recorded at 32.8. Forecasts for 2024 indicate a slight decrease to 32.6, representing a year-on-year decline of approximately 0.6%. This decrease continues through to 2028 when the figure is expected to reach 31.6, culminating in an average annual decrease (CAGR) of about 0.93% over the five-year forecast period.
Future trends to watch for include:
- The impact of regulatory changes and environmental policies on mining and production.
- Fluctuations in construction demand influenced by economic conditions and housing market trends.
- Technological advancements in production efficiencies and alternative materials that might affect demand for sand and gravel.