The American Forest & Paper Association (AF&PA) published the Q1 2026 Containerboard Quarterly report. According to the report, total containerboard production in Q1 2026 were down 8% compared to the same quarter in 2025 in line with similar reductions in capacity. Operating rates remained essentially flat (-0.1 points) over the same period.
Recycled linerboard production reached a record high in March, though lower unbleached kraft linerboard output drove total liner production down 9% for the quarter.
Census-reported export shipments declined 19% in Q1 2026 vs. the same quarter last year, due in part to evolving trade dynamics.
Mill inventories at the end of Q1 2026 are 3% lower than at the end of Q4 2025.
About AF&PA
The American Forest & Paper Association (AF&PA) serves to advance public policies that foster economic growth, job creation and global competitiveness for a vital sector that makes the essential paper and packaging products Americans use every day.
The U.S. forest products industry employs more than 925,000 people, largely in rural America, and is among the top 10 manufacturing sector employers in 44 states. Our industry accounts for approximately 4.7% of the total U.S. manufacturing GDP, manufacturing more than $435 billion in products annually.
