Composite Panel Association Reports Panel Shipments End Year Slightly Below 2015

by | Jan 23, 2017 | News

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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Composite Panel Industry Continues To Adjust

by | Oct 12, 2016 | News

From: Panel World Staff

A report conducted by Forest Economic Advisors and released by Composite Panel Association says that in 2015, the total (direct, indirect and induced) impacts of U.S. CPA-member composite panel manufacturing on the U.S. economy were $7.05 billion in output, employment of more than 22,500 and wages of $1.45 billion. The Canadian composite mills’ impact on the Canadian economy were $3.41 billion (Can), employment of almost 11,500 and $724 (Can) in wages.

“Economic Impact of U.S. and Canadian Composite Panel Mills” also reveals that in 2015 37 U.S. CPA-member mills had sales of $2.30 billion and 12 Canadian mills had sales of $1.34 billion (Can).

The report estimates that U.S. and Canadian composite panel facilities consumed 8.3 million dry tons of residual fiber in 2015, out of total residual supply of 76 million dry tons. On a regional basis, composite panel mills in the U.S. South consumed the most wood fiber, accounting for 2.8 million dry tons, 34% of the total in 2015.

Other findings:
— Resin costs account for 30% of composite panel production costs.
— Energy costs account for 10-20% of costs.
— Value-added shipments accounted for 31% of North American particleboard ships in 2014 and 18% of MDF shipments. For particleboard, the biggest value-added product was thermally fused laminate panels, accounting for 66% of value-added particleboard shipments.
— In 2015, the 42 composite panel mills operating in the U.S. and 12 in Canada had total capacity of 8.15 billion SF (five of these U.S. mills were not CPA members).
— In 2015, North American composite panel shipments hit 5.97 billion SF, 31% below the pre-recession mark of 8.64 billion SF, but a gradual improvement over 5.23 billion SF in 2009.

Read more in the November issue of Panel World magazine…