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.

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