The forecast for construction sand and gravel for both stationary and portable plants in South Carolina shows a declining trend from 2024 to 2028. The values are expected to decrease year-on-year, starting at 0.94 (expressed in s) in 2024 and reaching 0.79 by 2028. In 2023, the value stood at 0.97, indicating a consistent downward trajectory. The average compound annual growth rate (CAGR) over the five-year period highlights a negative growth trend.
Key future trends to watch for include:
- Environmental regulations impacting production processes
- Technological advancements in materials used as substitutes for sand and gravel
- Market demand fluctuations due to construction industry dynamics and infrastructure investments