Lumber rose to 659.07 USD/1000 board feet on July 17, 2025, up 0.54% from the previous day. Over the past month, Lumber's price has risen 7.05%, and is up 33.25% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber - values, historical data, forecasts and news - updated on July of 2025.

The price of lumber in the United States fluctuated widely over the last five years, from a low of 240 dollars per 1,000 board feet in January 2016 to a peak of over 1,500 dollars in April 2021. This overall increase has not been linear though, with, for example, lumber prices falling by around 50 percent between June and September 2018, and again between August and October 2020. The value fell again by around 75 percent between May and August 2021. As of the end of December 2024, the price of lumber stood at 550.5 U.S. dollars per thousand board feet. Which nations are at the forefront of lumber production? The production of lumber is dependent on the availability of forest resources, market demand, and technological advances. Sustainable forest management practices a continuous supply of timber, while economic factors and construction activity drive demand. Among the countries countries with the largest production of lumber were China and the United States. Other countries with a relatively high lumber production rate were Russia, China, and Brazil.

American lumber prices have decreased threefold, closing in on pre-COVID levels, which should drive global prices down. The change in lumber prices is largely influenced by slumping demand for real estate which became more expensive from diminished access. In Russia, the world’s largest supplier, a sharp increase in lumber exports led to a shortage in the domestic market. Attempting to hold the price growth instigated by that, the Russian government implemented 10% export duties on lumber until the end of 2021. Due to this, the main importers of Russian goods may opt for other suppliers.

Non-seasonal prices paid for softwood lumber in the United States have remained relatively stable since 2023, after reaching a peak in March 2022. While the price of softwood lumber in May 2021 was valued at over 581 index points, that figure dropped to 274 in September of that year. The price of softwood veneer and plywood in the United States has also followed a similar trend.

The price of lumber has seen both an overall increase, and large amounts of volatility since 2019. From its low in early April 2020 to its peak in May 2021, the price per 1,000 board feet of lumber increased almost sevenfold, reaching ***** U.S. dollars. Yet, after reaching this peak the price then fell to below *** U.S. dollars per 1,000 board feet in August 2021 before rising again to reach over 1,000 U.S. dollars in the beginning of 2022. Since then, the price per 1,000 board feet of lumber decreased overall, reaching *** U.S. dollars as of January 29, 2025.

Canadian lumber wholesalers have grappled with global lumber price volatility, creating challenging conditions both for wholesalers and for downstream clients like construction contractors, home improvement stores and hardware stores. In 2021 and 2022, the price of lumber soared globally as demand for new construction soared, especially in the United States. While exports and imports are not tracked at a wholesale level, many companies do sell across the border; as a result, conditions in the United States affect revenue. As lumber prices and Canadian residential construction activity have fallen from their respective 2021 and 2022 peaks, so too has revenue for the Lumber Wholesaling industry in Canada. With industry revenue forecast to remain level in 2025 alone, the overall industry is expected to have decreased at a five-year CAGR of 1.8% to reach $15.6 billion in 2025. The fate of wholesalers has largely been tied to the volatility of downstream construction markets. High interest rates stifled previously hot residential construction markets in both Canada in the US till both the Bank of Canada and the Federal Reserve began cutting rates. While this is set to improve construction activity, and therefore demand for lumber, both the Bank of Canada and the Federal Reserve have held rates steady in their most recent 2025 decisions as volatile US-Canada tariff policy has created an uncertain economic situation. The US and Canada have had an ongoing trade dispute over lumber prices since before the US put in place broader tariffs in April 2025. The uncertain business environment caused in part by these tariffs has kept the average industry profit margin from expanding through the end of 2025. Lumber wholesalers are expected to see growth moving forward. Interest rates are expected to be gradually cut over the coming years, stimulating demand from downstream construction markets. In tandem, the selling price of lumber is expected to climb, though it will not likely see the rampant inflation of recent years. Demand for housing construction in Canada demand is also set to remain strong into the near future. Consequently, industry revenue is forecast to expand at a CAGR of 1.4% to $15.6 billion over the five years through 2030.

Softwood Lumber Market size was valued at USD 49,292.51 Million by 2021 and is projected to reach USD 82,325.97 Million in 2030, growing at a CAGR of 5.86% from 2023 to 2030.Key market drivers for the Softwood Lumber Market include rising demand from the construction and furniture industries, especially in residential housing and interior applications. Growing emphasis on sustainable and eco-friendly building materials, along with government support for green construction, further boosts demand. Additionally, increasing urbanization and infrastructure development across emerging economies are fueling market growth.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber was 277.36400 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber reached a record high of 462.00000 in May of 2021 and a record low of 4.50000 in August of 1932. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber - last updated from the United States Federal Reserve on July of 2025.

Types:Hardwoods: Oak, walnut, mapleSoftwoods: Pine, fir, spruceMixed SpeciesEngineered Reclaimed LumberGrades:PremiumSelectStandardEconomy Recent developments include: March 2021: The Flophouze Shipping Container Hotel in Texas, the United States, was featured in a Travel Leisure article as a hip eco-friendly hotel because of its distinctive architecture and use of reclaimed shipping containers in its construction., January 2020: In order to broaden its national platform and give engineers and contractors more capacity, capabilities, and market-leading practises, USA Millwork purchased Mission Bell, a manufacturer of architectural millwork in Northern California.. Notable trends are: The increasing construction sector is driving the market growth.

The global wood coating market size was valued at USD 9.66 billion in 2020 and is expected to reach USD 12.97 billion by 2026, growing at a CAGR of 5.03%

The Japanese preservative-treated rough wood market dropped to $128M in 2024, reducing by -4.1% against the previous year. Over the period under review, consumption saw a mild downturn. Over the period under review, the market attained the peak level at $149M in 2021; however, from 2022 to 2024, consumption failed to regain momentum.

The Asia Pacific Plastic Lumber Market would witness market growth of 11.8% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 805.5 kilo tonnes, showcasing a growth of 9.7% (2019-2022). The plastic lumber market is expanding into new applicati

The Puerto Rican wood tool market was finally on the rise to reach $X in 2021, after three years of decline. In general, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -39.2% against 2017 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Wood Grapples Market report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2018 to 2028

The global reclaimed lumber market was valued at USD 49.3 billion in 2020 and is expected to reach to grow at a CAGR of 4.5% during the forecast period

In 2024, the Bangladeshi wood tool market increased by 3.7% to $101M, rising for the second year in a row after two years of decline. Overall, consumption, however, showed a notable expansion. As a result, consumption attained the peak level of $124M. From 2021 to 2024, the growth of the market failed to regain momentum.

Demand for wood preservatives coatings is 653,844 tonnes in 2021. It is set to grow at 4.9% CAGR by volume through 2027.

The Wood Fiber Insulation Market was valued at XX million in 2019 and is projected to reach millions by 2033, exhibiting a CAGR of 5.00% during the forecast period. Wood fiber insulation is made from recycled wood fibers, making it a sustainable and environmentally friendly option. It offers excellent thermal and acoustic insulation properties, making it suitable for various applications in residential, commercial, and institutional buildings. Rising energy costs and increasing demand for sustainable building materials drive the market growth. Furthermore, government regulations promoting energy efficiency in buildings and growing infrastructure development in emerging economies offer lucrative opportunities for market expansion. Key market participants include Beltermo Wood Insulation, BISCHOFF SCHAFER GmbH, DIEFFENBACHER GmbH, EWI Pro Insulation Systems Ltd, GUTEX, Knauf Insualtion, Lignotrend, Lime Green Products Ltd, Saint-Gobain, Schneider GmbH, Soprema Group, STEICO SE, and TimberHP. The Asia Pacific region holds a significant market share due to the growing construction industry and government initiatives to promote sustainable building practices. North America and Europe are other notable markets, with stringent energy efficiency standards and a focus on environmentally friendly construction materials. This report provides a comprehensive analysis of the global wood fiber insulation market, covering key market trends, growth drivers, challenges, and industry developments. Recent developments include: October 2022: Ziegler Group started production of a wood fiber insulation board on the new DIEFFENBACHER plant., May 2022: The SOPREMA Group ordered a second Siempelkamp plant to produce its Pavatex wood fiber insulation., April 2021: Knauf Insulation launched its new range of insulation products for the UK market. The range includes a variety of insulation solutions for walls, floors, and roofs. The products are designed to provide superior thermal performance and energy efficiency., March 2021: Saint-Gobain acquired the insulation business of EWI Pro Insulation Systems Ltd. The acquisition will enable Saint-Gobain to expand its product portfolio and strengthen its presence in the UK insulation market.. Key drivers for this market are: Increasing Demand from the Residential Sector, Growing Usage of Eco-friendly Insulation. Potential restraints include: Increasing Demand from the Residential Sector, Growing Usage of Eco-friendly Insulation. Notable trends are: Residential Sector Demand Continues to Rise.

Global wood pellet imports spiked by +9.2% y-o-y to $4.5B, reaching the highest point ever. The UK remains the largest wood pellet importer, accounting for 35% of the total global imports. Among leading importers, the Netherlands saw the most prominent growth of supplied volume last year. The average import price for wood pellets grew by +4.3% y-o-y in 2020. The U.S., Vietnam, Canada, Latvia, Russia and Denmark constitute the prime exporters of wood pellets worldwide.

China Purchasing Price Index: MoM: Timber and Paper Pulp data was reported at 99.900 Prev Mth=100 in Feb 2025. This records an increase from the previous number of 99.800 Prev Mth=100 for Jan 2025. China Purchasing Price Index: MoM: Timber and Paper Pulp data is updated monthly, averaging 100.000 Prev Mth=100 from Jan 2011 (Median) to Feb 2025, with 170 observations. The data reached an all-time high of 102.100 Prev Mth=100 in Mar 2021 and a record low of 98.600 Prev Mth=100 in May 2023. China Purchasing Price Index: MoM: Timber and Paper Pulp data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Purchasing Price Index: Previous Month=100.