Board Converting News, July 26, 2021

FBA: Shipments Jump In June

Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month June 2021

According to the Fibre Box Association (FBA), industry shipments of corrugated products increased 4.6 percent, from 34.395 bsf in June of 2020 to 35.963 bsf in June of 2021. Average-week shipments also increased 4.6 per- cent, from 7.8817 bsf in 2020 to 7.817 bsf in 2021. Ship- ments rose to 6.8 percent year-to-date over 2020’s rate. Containerboard consumption increased 4.5 percent, from 2.8182 million tons in June of 2020 to 2.9450 mil- lion tons in June of 2021. Consumption increased 6.1 per- cent year-to-date over 2020, from 13.3029 million tons to 14.1095 million tons. Containerboard inventory at corruga- tor plants increased 5.4 percent from June 2020 to June 2021. Weeks of supply increased from 2.9 to 3.1. According to AF&PA statistics, total containerboard production in June increased nine percent compared to June 2020. It was up five percent when compared to the same six months of 2020. June 2021 production of con- tainerboard for export decreased 15 percent compared to the same month last year; it was down 25 percent year-to- date; the containerboard operating rate was 92.7 percent, up 1.4 points from June 2020 and up 1.4 points year-to- date. Mill inventories of containerboard at the end of June decreased 74,000 short tons from the previous month and were down 76,000 short tons compared to June 2020.

Year

Actual

Percent Change Avg Week Percent Change

2021 2020

35.963 34.395

4.6

8.173 7.817

4.6

Industry Total

Year-to Date

June 2021

Year

Actual

Percent Change Avg Week Percent Change

2021 2020

208.632 196.828

6.0

8.279 7.749

6.8

Industry Total

Containerboard Consumption (Thousands of Tons)

Year

Month

Percent Change Year-to-Date Percent Change

2021 2020

2.9450 2.8182

4.5

14.1095 13.3029

6.1

Container Board Inventory - Corrugator Plants (Thousands of Tons)

Corrugator Plants Only

Date

Percent Change Weeks of Supply

Percent Change

Jun. May

2.1046 1.9962

5.4

3.1 2.9

6.9

Shipping Days

Year

Month

Year-to-Date

2021 2020

22 22

126 127

SOURCE: Fibre Box Association

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July 26, 2021

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