China's Aggregate Consumption Fell by 7.24% in 2025
The 2025 Central Economic Work Conference proposed that efforts will be made to stabilize the real estate market in 2026. However, it will take time for the overall recovery of the national real estate market. Affected by the sluggish real estate market, China's aggregate demand is expected to drop to around 12 billion tons in 2026, with a fluctuation range of no more than 5%.
Compared with the same period in 2024, sand and gravel demand declined in each quarter of 2025. In the fourth quarter of 2025, national aggregate demand was 3.253 billion tons (3.739 billion tons in Q4 2024), down 13% year-on-year. In the third quarter of 2025, demand reached 3.33 billion tons (3.571 billion tons in the same period of 2024), a decrease of 24 million tons or 6.75% year-on-year. There was no sign of rebound in aggregate demand in any quarter of 2025, and the decline in Q4 widened sharply compared with the same period last year.



