Corrugated Industry (CONT’D FROM PAGE 6)
Box Shipments ( U.S. Corrugated Product Shipments) Industry Shipments In Billions of Square Feet Month March 2020
rugated products. Participants can view the full report on FBA’s website at www.fibrebox.org . For more info about the Safety Awards Program or the 2019 Corrugated Con- tainer Industry Annual Report of Occupational Injuries and Illnesses, contact Peggy Lacy at placy@fibrebox.org. FBA: Shipments Up Again In March Industry shipments of corrugated products increased 9.0 percent, from 31.87 bsf in March of 2019 to 34.73 bsf in March of 2020, the Fibre Box Association (FBA) reported. The increase is partially due to the fact there was one more shipping day in March of 2020. Average week shipments increased 4.0 percent, from 7.588 bsf in 2019 to 7.895 bsf in 2020. Shipments of corrugated products increased 2.7 percent year-to-date. Containerboard consumption was 2.865 million tons in March of 2020, up from 2.596 million tons, or 10.3 percent, in March of 2019. Consumption increased 5.1 percent year- to-date over 2019, from 7.803 million tons to 8.193 million tons. Containerboard inventory at corrugator plants de- creased 7.4 percent, from 2.2978 million tons in February 2020 to 2.1278 million tons in March 2020. Weeks of sup- ply shrunk from at 3.7 to 3.3, or 10.8 percent.
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
34.739 31.870
9.0
7.895 7.588
4.0
Industry Total
Year-to Date
March 2020
Year
Actual
Percent Change Avg Week Percent Change
2020 2019
98.981 94.892
4.3
7.733 7.531
2.7
Industry Total
Containerboard Consumption (Thousands of Tons)
Year
Month
Percent Change Year-to-Date Percent Change
2020 2019
2.8653 2.5967
10.3
8.1983 7.8036
5.1
Container Board Inventory - Corrugator Plants (Thousands of Tons)
Corrugator Plants Only
Date
Percent Change Weeks of Supply
Percent Change
Mar. Feb.
2.1278 2.2978
-7.4
3.3 3.7
-10.8
Shipping Days
Year
Month
Year-to-Date
2020 2019
22 21
64 63
SOURCE: Fibre Box Association
8
www.boardconvertingnews.com
April 20, 2020
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