The American Forest & Paper Association (AF&PA) has published its Q4 2022 Containerboard Quarterly report. According to the report, total U.S. containerboard production decreased 5% when compared to the full year of 2021. Most containerboard grades experienced double-digit percentage declines in Q4.
Decreases in both domestic and export production contributed to operating rates in the 80s and in some cases the high 70s, bringing the 2022 operating rate five points below that of 2021.
Recycled Medium was the only subgrade that had a single-digit percentage drop (-9%) and an increase in export production for the quarter, though exports represent a very small portion of its total production.
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.