Total U.S. Packaging Papers Shipments in May Down 7.2 Percent
In May, Bag and Sack shipments were down 0.6 percent year-to-date,and Multiwall shipments were down 7.5 percent.
June 19, 2019 - The American Forest & Paper Association (AF&PA) released its May 2019 Packaging Papers & Specialty Packaging Monthly report. According to the report, total packaging papers shipments were down 7.2 percent from May 2018 and down 2.4 percent year-to-date.
- Bag & Sack shipments were down 0.6 percent year-to-date;
- Multiwall shipments were down 7.5 percent;
- Food Wrapping shipments essentially flat, and;
- Converting shipments were down 2.8 percent.
The operating rate for May decreased to 85.2 percent compared to 88.4 percent in April. Inventory levels decreased 2.3 percent from April.
The complete report with detailed tables, charts and historical data can be purchased by contacting Kory Bockman at Statistics_Publications@afandpa.org or 202-463-4716.
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 four percent of the total U.S. manufacturing GDP, manufactures approximately $300 billion in products annually, and employs nearly 950,000 men and women. The industry meets a payroll of approximately $55 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.