Total printing-writing paper inventory levels in June 2023 decreased 4% when compared to May 2023.
The American Forest & Paper Association (AF&PA) released the June 2023 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments decreased 24% in June compared to June 2022.
U.S. purchases of total printing-writing papers decreased 29% in June compared to the same month last year.
Total printing-writing paper inventory levels decreased 4% when compared to May 2023.
U.S. shipments decreased in all 3 major P-W grades (UFS, CFS and MECH) when compared to June last year, with uncoated free sheet papers recording the smallest year- ago decrease of approximately 9%. Exports and imports in all 3 major grades decreased in May compared to the same month last year.
U.S. purchases in all 3 major grades in May decreased approximately 28% when compared to the same period last year. May year-to-date U.S. purchases decreased approximately 18% versus May 2022 year-to-date volume.
A subscription to 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 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