FBA: Shipments Drop In December 2021
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month December 2021
According to statistics recently released by the Fibre Box Association (FBA), industry shipments of corrugated prod- ucts decreased 2.1 percent, from 34.916 bsf in December of 2020 to 34.195 bsf in December of 2021. Average-week shipments also decreased 2.1 percent, from 8.729 bsf in 2020 to 8.549 bsf in 2021. Shipments rose 2.8 percent year-to-date over 2020’s rate. Containerboard consumption decreased 1.3 percent, from 2.7727 million tons in December of 2020 to 2.7372 million tons in December of 2021. Consumption, howev- er, increased 2.3 percent year-to-date over 2020, from 33.0739 million tons to 33.8477 million tons. Container- board inventory at corrugator plants increased 2.4 percent from November to December 2021. Weeks of supply re- mained at 3.3, or zero percent. “U.S. retail sales dropped in December by the most in 10 months, suggesting the fastest inflation is taking a toll on consumers just as the nation confronts more coronavirus infections,” noted Dick Storat in his Scoring Boxes newslet- ter. “Retail sales declined by 1.9 percent last month, as 10 of 13 major markets and sales channels declined.” Manufacturing activity continues to expand across all industrial sectors and it appears there is evidence that supply chain issues are being resolved, Storat wrote.
Year
Actual
Percent Change Avg Week Percent Change
2021 2020
34.195 34.916
-2.1
8.549 8.729
-2.1
Industry Total
Year-to Date
December 2021
Year
Actual
Percent Change Avg Week Percent Change
2021 2020
416.338 406.776
2.4
8.294 8.071
2.8
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2021 2020
2.7372 2.7727
-1.3
33.8477 33.0739
2.3
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Dec. Nov.
2.256 2.203
2.4
3.3 3.3
0
Shipping Days
Year
Month
Year-to-Date
2021 2020
20 20
251 252
SOURCE: Fibre Box Association
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