The Midwest construction sand and gravel production is set to decline from 2024 to 2028. Starting at 205.47 million metric tons in 2024, production is anticipated to decrease each year, reaching 189.17 million metric tons by 2028. In 2023, the volume of production was slightly higher than 205.47 million metric tons, indicating a downward trend.
Year-on-year percentage variations reveal a consistent decline, with a compounded annual growth rate (CAGR) showcasing a negative trend over the five-year forecast period. The declining trend requires close monitoring of the following future factors:
- Construction and infrastructure development pace in the Midwest.
- Environmental regulations affecting extraction processes.
- Economic factors impacting construction demand.
