Total U.S. Packaging Papers & Specialty Packaging Shipments Increased One Percent in May 2022

The operating rate for Packaging Papers & Specialty Packaging in May 2022 was 88 percent, essentially flat (+0.2 pts.) from May 2021 and up 1.1 points year-to-date.

June 16, 2022 - The American Forest & Paper Association (AF&PA) has released its May 2022 Packaging Papers & Specialty Packaging Monthly report. According to the report, total packaging papers & specialty packaging shipments in May increased 1 percent compared to May 2021. They were up 1 percent when compared to the same 5 months of 2021.

• The operating rate was 88 percent, essentially flat (+0.2 pts.) from May 2021 and up 1.1 points year-to-date.
• Mill inventories at the end of April decreased 6,000 short tons from the previous month, and were down 8,000 short tons compared to April 2021.

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.

About AF&PA

The American Forest & Paper Association (AF&PA) serves to advance U.S. paper and wood products manufacturers through fact-based public policy and marketplace advocacy. The forest products industry is circular in nature. AF&PA member companies make essential products from renewable and recyclable resources, generate renewable bioenergy and are committed to continuous improvement through the industry's sustainability initiative – Better Practices, Better Planet 2030: Sustainable Products for a Sustainable Future.

The forest products industry accounts for approximately four percent of the total U.S. manufacturing GDP, manufactures nearly $300 billion in products annually and employs approximately 950,000 people. The industry meets a payroll of approximately $60 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.

SOURCE: American Forest & Paper Association (AF&PA)