WASHINGTON – The American Forest & Paper Association (AF&PA) released its Q1 2022 Containerboard Quarterly report.
Total Containerboard production in Q1 increased two percent compared to Q1 2021.
- Q1 2022 production of containerboard for export increased nine percent compared to the same quarter last year.
- The containerboard operating rate was 94.3 percent, essentially flat (+0.4 pts.) from Q1 2021.
- Mill inventories of containerboard at the end of March decreased 102,000 short tons from the end of the previous quarter and were up 63,000 short tons compared to March 2021.
The American Forest & Paper Association (AF&PA) serves to advance U.S. paper and wood products manufacturers through fact-based public policy and marketplace advocacy. The forest products industry is circular by nature. AF&PA member companies make essential products from renewable and recycle resources, generate renewable bioenergy and are committed to continuous improvement through the industry’s sustainability initiative—Better Practices, Better Planet 2030: Sustainable Products for a Sustainable Future. The forest products industry accounts for approximately four percent of the total U.S. manufacturing GDP, manufactures nearly $300 billion in products annually and employs approximately 950,000 people. The industry meets a payroll of approximately $60 billion annually and is among the top 10 manufacturing sector employers in 45 states. Visit AF&PA online at afandpa.org or follow us on Twitter @ForestandPaper.