USGS Publication Notes Average Sand and Gravel Price

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Aug. 27, 2020 – The U.S. Geological Survey just released its 2017 Minerals Yearbook chapter for construction sand and gravel. Yeah, they are a year behind, they should be reporting analysis of 2018 data right now, according to Commodity Specialist Jason Willett. But that’s okay. Total production has been reported previously, but interesting in the report is pricing information. In 2017, 941 construction sand and gravel operations responding to the agency’s annual survey reported the dollar value of their production for the current and previous year. The average unit value for operations reporting production and value was $9.71 per metric ton in 2017, which was an increase of 4% compared with the reported average unit value of $9.33 per metric ton in 2016. Leading U.S. producers increased prices by 3% to 6% in 2017 compared with prices in 2016. For those operations that reported production only, the unit values for specific end uses were estimated on the basis of reported values for those specific uses in the same state. Prices are the annual average free-on-board plant prices, usually at the first point of sale or captive use, as reported by construction sand and gravel producing companies. This value does not include transportation from the plant or yard to the consumer. It does, however, include all costs of mining, processing, in-plant transportation, overhead and profit.

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