Board Converting News, February 6, 2023

AF&PA Releases Containerboard, Boxboard Quarterly Reports AF&PA has released its Q4 2022 Containerboard and Boxboard quarterly reports. According to the report, total containerboard production decreased five percent when compared to the full year of 2021. Most containerboard grades experienced double-digit percentage declines in Q4. Drops in both domestic and export production contrib- uted to operating rates in the 80s and in some cases the high 70s, bringing the 2022 operating rate five points be- low that of 2021. Recycled Medium was the only subgrade that had a single-digit percentage drop (-9 percent) and an increase in export production for the quarter, though ex- ports represent a very small portion of its total production. Total Boxboard production in Q4 decreased three percent compared to Q4 2021, but 2022 production was up one percent when compared to the same 12 months of 2021. The boxboard operating rate was 87.8 percent, down when compared to Q4 2021 and for the year-to-date. When comparing 2022 to 2021, production of Sol- id Bleached Boxboard and Unbleached Kraft & Gypsum were both essentially flat while Recycled Boxboard pro- duction was up two percent. To purchase he complete report with detailed historical data, contact Kory Bockman by calling (202) 463-4716 or by emailing Statistics_Publications@afandpa.org.

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2022

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

30.124 34.180

-11.9

7.927 8.545

-7.2

Industry Total

Year-to Date

December 2022

Year

Actual

Percent Change Avg Week Percent Change

2022 2021

400.520 416.189

-3.8

7.979 8.291

-3.8

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2022 2021

2.4260 2.7360

-11.3

32.5461 33.8321

-3.8

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Dec. Nov.

2.2603 2.2586

0.1

3.5 3.6

-2.8

Shipping Days

Year

Month

Year-to-Date

2022 2021

19 20

251 251

SOURCE: Fibre Box Association

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February 6, 2023

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