Scoring Boxes
Trade Balance for Beverages – $14,000
($ Millions) 2018
2017
2019
2020
– $14,500 – $15,000 – $15,500
– $15,329
– $16,000
– $15,972
– $16,500 – $17,000 – $17,500
– $17,455
– $18,000
– $17,886
– $18,500
The result of these changes was that the trade deficit increased by $2.2 billion, or 14.4%, since 2017. While numerous other factors affect the size of markets available to independent producers of paper-based packaging, imports and exports of packageable goods are major factors contributing to the persistent lag between the regular growth in domestic consumption of food, produce, and beverages and the consistently less rapid growth of domestic production of these goods. Dick Storat is president of Richard Storat & Associates. He can be reached at 610-282-6033 or storatre@aol.com.
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6
BOXSCORE September/October 2021
