Total U.S. Packaging Papers Shipments Down Sharply in January
In January 2018, total Packaging Papers shipments in January were 219,200 tons, 9.5 percent lower than January 2017.
Feb. 22, 2018 - The American Forest & Paper Association has released its January 2018 U.S. Packaging Papers & Specialty Packaging monthly report. According to the report, total Packaging Papers shipments were 219,200 tons, 9.5 percent lower than January 2017.
Bag & Sack shipments were down 13.4 percent month-over-month and Multiwall shipments were down 19.0 percent.
Food Wrapping shipments were up 0.4 percent.
The operating rate for January was 84.3 percent, the second lowest over the last 13 months.
Inventories were 171,800 tons, up 3.6 percent since December 2017.
The American Forest & Paper Association (AF&PA) serves to advance a sustainable U.S. pulp, paper, packaging, tissue and wood products manufacturing industry through fact-based public policy and marketplace advocacy. AF&PA member companies make products essential for everyday life from renewable and recyclable resources and are committed to continuous improvement through the industry's sustainability initiative — Better Practices, Better Planet 2020.
The forest products industry accounts for approximately 4 percent of the total U.S. manufacturing GDP, manufactures approximately $200 billion in products annually, and employs nearly 900,000 men and women. The industry meets a payroll of approximately $50 billion annually and is among the top 10 manufacturing sector employers in 45 states. Visit AF&PA online at www.afandpa.org or follow us on Twitter @ForestandPaper.