Total U.S. Boxboard Production Decreased 2 Percent in Q1 2024

The boxboard operating rate in Q1 2024 was 89.2%, up 1.3 points from the same quarter last year.

April 29, 2024 - The American Forest & Paper Association (AF&PA) released its Q1 2024 Boxboard report. According to the report, total boxboard production in Q1 decreased 2% compared to Q1 2023.

The boxboard operating rate in Q1 2024 was 89.2%, up 1.3 points from the same quarter last year.

• Solid Bl. Folding - Domestic production increased 3% compared to Q1 2023.
• Solid Bleached Boxboard unmade orders were up 22% compared to the end of the previous quarter and decreased 14% compared to March 2023.
• Uncoated Recycled Boxboard production remained essentially flat (-0.3%) compared to Q1 2023.

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 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.

SOURCE: AF&PA