Sept. 18, 2024 - The American Forest & Paper Association (AF&PA) has released the August 2024 Packaging Papers Monthly report. According to the report, total packaging papers & specialty packaging shipments in August increased 12% compared to August 2023. They were up 12% when compared to the same 8 months of 2023.
The operating rate for unbleached packaging papers in Agust was 90.7%, up 10.2 points from August 2023 and up 6.3 points year-to-date
Shipments of the biggest subgrade in bleached packaging papers — food wrapping — were 25,300 short tons for the month of August, down 0.5% from the same month last year and essentially flat year-to-date.
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 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
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