April 18, 2023 - The American Forest & Paper Association (AF&PA) has released the March 2023 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 22% in March compared to March 2022.
U.S. purchases of total printing-writing papers decreased 19% in March compared to the same month last year.
Total printing-writing paper inventory levels remained essentially flat (+0.2%) when compared to February 2023.
March shipments decreased in all 3 major printing-writing grades when compared to the same month the year before, with uncoated free sheet papers recording the smallest year ago decrease of 12%.
Coated free sheet and mechanical papers exports and imports decreased in February compared to the previous month, while uncoated free sheet exports increased 13%. Net printing-writing imports decreased 30% in the same month.
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 by nature. AF&PA member companies make essential products from renewable and recycle 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 5% of the total U.S. manufacturing GDP, manufactures about $350 billion in products annually and employs about 925,000 people. The industry meets a payroll of about $65 billion annually and is among the top 10 manufacturing sector employers in 43 states.
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