Composite Panel Association Reports Panel Shipments End Year Slightly Below 2015
The Composite Panel Association’s December Industry Snapshot Report indicates that North American composite panel shipments of particleboard and MDF totaled 5.511 billion square feet for the year 2016, a slight decrease of 0.9 percent below 2015.
December shipments totaled 412 million square feet (MMSF) (3/4-inch basis), down 1.5 percent compared to the same month a year ago.
Particleboard shipments totaled 236 MMSF (3/4-inch basis) in December, and were 3.305 BSF for the year 2016, coming in 1.4 percent below 2015. MDF shipments totaled 176 MMSF (3/4-inch basis) for the month and 2.206 MMSF for 2016, essentially flat compared to 2015.
Capitalization rate for particleboard production was primarily in the 65 to 75 percent range for 2016. Particleboard shipments for both the United States and Canada have remained about the same for the past four years. Shipments are extrapolated based on data received from 95.2 percent of the U.S. industry and 100 percent of Canadian industry.
The Industry Snapshot Report is published by the 15th of each month and is available to members on CPA’s web site. The 2016 North American Shipments and Downstream Market Report will be published in May and provide a comprehensive analysis of industry shipments.
RELATED ARTICLES
CPA FALL MEETING LOCATION CHANGE
DAVID SMITH SERVES AS CPA CHAIRMAN, ’21 BOARD ANNOUNCED
AWC NAMES JACKSON MORRILL PRESIDENT/CEO
ANDY O’HARE NAMED NEW CPA PRESIDENT
Latest News
PELICE 2024 Will Cover Higher Level Focus On Markets & Technologies
The ninth Panel & Engineered Lumber International Conference & Expo (PELICE) will feature 38 speakers, while nearly 100 exhibitor sponsors will fill the Grand Ballroom North of the Omni Atlanta Hotel at Centennial Park in downtown Atlanta, Ga. USA.
Oregon Truckers File Suit Against State
Rob Freres, president of Oregon-based Freres Engineered Wood, a manufacturer of lumber, veneer, plywood and mass timber, has thrown in his support for a lawsuit filed by the Oregon Trucking Assn. and three Oregon-based trucking companies against the state of Oregon for overcharging truckers under the weight-mile tax.
Hasslacher Enters North America
Austria-based Hasslacher group is acquiring a stake in Element5, a mass timber producer specializing in the design, manufacture and assembly of modern engineered timber buildings. Based near Toronto, Can., Element5 employs more than 100 and produces cross-laminated timber and glued laminated timber for the North American market.
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!