In 2023, the US market for rough granite sold or used in rough blocks for building and construction stood at approximately 105.82 thousand metric tons. The forecasts for 2024 to 2028 indicate a gradual increase in volume, growing from 107.17 thousand metric tons in 2024 to 112.91 thousand metric tons by 2028. Year-on-year growth rates are relatively modest, ranging from about 1.38% to 1.70%. Over the five-year period, the compound annual growth rate (CAGR) is anticipated to be around 1.32%, reflecting a steady upward trend.
Future trends to watch for include the impact of construction and infrastructure development on granite demand, the influence of sustainability practices on material selection, and potential market impacts from trade policies and economic shifts. Adapting to these factors will be crucial for stakeholders in the granite industry.
