The Asphalt Roofing Manufacturers Association released its first Quarterly Product Shipment Report for 2023. The numbers aren’t bullish, with shipments of asphalt roofing products declining more than 20% from a year earlier.
The report covers asphalt roofing product shipments in the United States and Canada in the first quarter, year-to-date shipment information and a comparison with the prior year’s data. Year-over-year, domestic shipments of asphalt roofing products were down 21.2% from Q1 2022 — 33.8 million from 42.9 million, respectively. Shipment amounts are measured in squares.