The sold production of construction sands in Germany is projected to grow from 566.63 million euros in 2024 to 660.69 million euros in 2028. Comparing this forecast with the actual value in 2023, we witness a trend of consistent growth. The year-on-year increase from 2024 to 2028 is approximately around 4.2% – spurred by increased construction activity and infrastructure projects. This steady growth results in a five-year CAGR of roughly 4.1%.
Future trends to watch out for include:
- Increased demand for sustainable and environmentally friendly construction materials.
- Technological advancements in construction that might affect sand demand.
- Regulatory changes in mining and environmental policies.