FBA: Mid-Year Update (CONT’D FROM PAGE 5)
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2022
We’d also like to welcome Peachtree Packaging & Dis- play, Coastal Container and Merrill Industries, three new FBA member companies in 2023. Our association and in- dustry appreciate your support. During the second half of 2023, FBA will work with the Corrugated Packaging Alliance to communicate the cor- rugated industry’s latest Life Cycle Assessment. This re- port will show improvements made from 2014 – 2020 to reduce the environmental impact of corrugated products including the extraction of raw materials, manufacturing, distribution, and end of life. We expect state legislative activity affecting packaging to continue throughout the year. As the voice for the cor- rugated industry, FBA will work closely with the AF&PA to communicate any movement on major legislative issues such as Extended Producer Responsibility and others that may impact your business. The Corrugated Industry Promotion Program continues to gain followers on social media and deliver messaging about the benefits of corrugated boxes. FBA will help sup- port the Box to Nature campaign by working with mem- bers to place a recycling message on the top flap of the corrugated box. Our industry is facing challenges once again in 2023. This is nothing new for us. We will continue to persevere and be stronger as a result. Bob McIlvaine is the President/CEO of the FBA. Are you getting a clean cut? Now you can!
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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