Lumber rose to 594.50 USD/1000 board feet on September 26, 2025, up 1.89% from the previous day. Over the past month, Lumber's price has risen 6.16%, and is up 11.52% 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 September 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.

Explore the recent significant reduction in lumber prices, its causes, and its impact on sectors like construction and home renovation, highlighting the market's shift from pandemic highs and resulting economic benefits.

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.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Other Wood Products (WPU084) from Dec 1966 to Aug 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

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The lumber pallet market share is expected to increase by 1561.97 million units from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.03%.

This lumber pallet market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers lumber pallet market segmentation by end-user (food and beverage, chemicals and pharmaceuticals, retail, construction, and others) and geography (APAC, North America, Europe, the Middle East and Africa, and South America). The lumber pallet market report also offers information on several market vendors, including Brambles Ltd., Coxco Inc., Faber Group B.V, FALKENHAHN AG, Greif Inc., John Rock Inc, Kamps Pallets Inc., Leap India Food and Logistics, Millwood Inc., Nefab AB, Pacific Pallets PVT. Ltd, Palcon LLC, PalletOne Inc., PECO Pallet, PGS Group, Rowlinson Packaging Ltd., Shur-way Group Inc., UFP Industries Inc., United Pallet Services Inc., and Yellow Pallet B.V., among others.

What will the Lumber Pallet Market Size be During the Forecast Period?

Download Report Sample to Unlock the Lumber Pallet Market Size for the Forecast Period and Other Important Statistics

Lumber Pallet Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post-COVID-19 era. The rise in containerization is notably driving the lumber pallet market growth, although factors such as fluctuating lumber prices and shortage of raw materials may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the lumber pallet industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Lumber Pallet Market Driver

The rise in containerization is one of the major drivers impacting the lumber pallet market growth. The growth in containerization is increasing the use of lumber pallets because shipping containers have smooth, level surfaces that permit the quick movement of pallets of different sizes using forklifts. The use of lumber pallets makes it easier to move heavy stacks in containers. Before being moved to containers, the individual items are stacked on a lumber pallet to create a unit load. This can be moved easily and loaded onto containers using a pallet jack, forklift, crane, or any other material handling equipment. Therefore, the growth in containerization is expected to lead to a higher demand for lumber pallets during the forecast period.

Key Lumber Pallet Market Trend

The emergence of pallet pooling is one of the major trends influencing the lumber pallet market growth. The emergence of pallet pooling services has enabled end-users to rent pallets at nominal rates for their entire supply chains, thus eliminating the need to buy crates. Renting a pallet from a shared pool offers substantial savings and significant returns on investments to end-users. Also, the reverse supply chain for end-users is handled by the pallet pooling companies. For instance, the pallet pooling companies deliver the pallet in the quantities ordered by end-users and deal with those pallets once they reach the end of the supply chain. Some pallet vendors, such as LEAP India, Brambles, Northwest, and others, also provide pallets on a rental basis. For instance, LEAP India offers pallets for rent to end-users in the e-commerce, automotive, dairy, beverages, pharmaceuticals, and other industries. There is a significant rise in the leasing or renting of pallets by end-users. This, in turn, is likely to increase the trend of lumber pallet pooling during the forecast period.

Key Lumber Pallet Market Challenge

Fluctuating lumber prices and shortage of raw materials are one of the major challenges impeding the lumber pallet market growth. Volatility in the prices of lumber is mainly attributed to a reduction in the availability of wood and lumber in many countries, such as Nigeria, Pakistan, Colombia, and Brazil, as a result of widespread deforestation and the decline in the number of new tree plantations. The increasing capacity expansion in lumber processing plants across India, the UK, and Canada, without taking into consideration the need for the sustainable procurement of raw materials, is increasing the disparities between the demand for and supply of lumber. Owing to such factors, end-users, such as pallet manufacturers, are expected to experience a shortage of timber. As a result of the shortage of timber in the market, pallet manufacturers will find it difficult to complete their orders. Thus, the shortage of lumber and wood products is expected to slow down the growth of the global lumber pallet market during the forecast period.

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Spruce wood imports into Denmark totaled X cubic meters in 2017, going down by -X% against the previous year. Overall, spruce wood imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2013, when it surged by X% from the previous year. Denmark imports peaked of X cubic meters in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.In value terms, spruce wood imports stood at $X in 2017.

Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in the first half of 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.

In 2017, approx. X cubic meters of pine wood were imported into Greece; going down by -X% against the previous year. Overall, pine wood imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2014, an increase of X% y-o-y. Over the period under review, the pine wood imports reached its peak figure volume of X cubic meters in 2007; however, from 2008 to 2017, it failed to regain its strength.In value terms, pine wood imports totaled $X in 2017.

In 2017, the amount of moulding patterns of wood imported into Norway amounted to X units, going down by -X% against the previous year. Overall, moulding patterns of wood imports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year.

The permanent wood foundations (PWF) market is experiencing robust growth, driven by increasing demand for sustainable and cost-effective building solutions. The market's value, while not explicitly stated, can be reasonably estimated based on typical CAGR values for similar construction materials and market trends. Considering a moderate CAGR of 5% (a common rate for niche construction materials) and a plausible 2025 market size of $2 billion, the market is projected to expand significantly over the forecast period (2025-2033). Key drivers include the rising popularity of eco-friendly construction materials, the relatively quick and easy installation process of PWFs compared to traditional concrete foundations, and their resilience to seismic activity in certain regions. The increasing adoption of PWFs in residential construction, particularly for vacation homes and landscape applications, is further fueling market growth. However, challenges such as potential susceptibility to insect infestation and moisture damage, along with regional variations in building codes and lumber availability, represent restraints to wider market penetration. Segmentation within the market reveals a preference for truss wooden foundations over slab foundations, reflecting design considerations and project requirements. Leading companies like Biewer Lumber, Kilrich, and others are actively contributing to innovation and expanding market reach through improved product design and distribution networks. The North American and European regions currently hold a significant share of the global market due to established construction practices and demand for sustainable buildings. Growth in the PWF market is expected to be particularly strong in regions with high population growth and increasing construction activity. Furthermore, government initiatives promoting sustainable building practices and incentives for green construction are anticipated to positively impact market expansion. The continued development of innovative PWF technologies, such as improved treatments to enhance pest and moisture resistance, will further contribute to market growth. Future market trends will likely see a shift towards more sophisticated and modular PWF designs, facilitating quicker installation and higher construction efficiency. Competition among manufacturers will intensify, driving down prices and further boosting market adoption. However, fluctuations in lumber prices and global economic conditions could potentially impact market growth, requiring manufacturers to effectively manage supply chains and adapt to changing market dynamics. The long-term outlook for the PWF market remains positive, driven by both technological advancements and a growing awareness of sustainable construction practices.

Find in-season and off-season pricing for heating fuels, including heating oil, propane and wood price surveys by DOER. Links to electric and natural gas rates also available here.

The revenue of the chipped non-coniferous wood market in Saudi Arabia amounted to $X in 2018, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, chipped non-coniferous wood consumption, however, continues to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2014 when the market value increased by X% against the previous year. Chipped non-coniferous wood consumption peaked at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Cabinet and vanity manufacturers have navigated a tumultuous landscape in recent years, deeply intertwined with the ebbs and flows of residential construction and consumer spending on home improvements. The onset of the pandemic fueled industry growth as low interest rates and increased disposable income sparked a surge in home construction and renovations, subsequently boosting cabinet demand. Unfavorable macroeconomic conditions, including elevated inflation and economic uncertainty, led to revenue losses in 2023 as residential construction activity slowed and lumber prices stabilized. Although new cabinet sales have begun to slow down, revenue losses have failed to reverse gains from the early stages of the pandemic. As a result, revenue has been rising at an estimated CAGR of 3.6% to $21.9 billion through 2025, including a 0.1% loss that year alone. Lumber prices highly influence the price of domestic cabinets, as cabinet makers often pass down input price increases to buyers in the form of higher prices, steering revenue and protecting profit. When macroeconomic conditions are favorable, consumers become more likely to buy more expensive, domestic pieces. However, heightened uncertainty encourages consumers to look for more affordable options, like pre-built cabinets. Foreign producers can transport these pre-produced storage solutions with relative ease because of their standardized nature. Macroeconomic uncertainty pushes more consumers to look for these more affordable solutions, boosting import penetration, particularly from countries like Vietnam and Mexico. Demand for cabinet and vanity manufacturing is set to continue rising, driven by a recovering residential construction sector and growing private spending on home improvements. Consumer preferences favoring custom cabinetry will continue protecting pressure from low-cost import penetration. Although revenue is estimated to expand, profit will likely remain stagnant due to rising lumber prices and intense price-based competition from imports. These trends will lead to revenue growing at an estimated CAGR of 1.6% to $23.6 billion through 2030. Emerging trends in custom cabinetry, emphasizing smart technologies and eco-friendly materials, offer potential pathways for manufacturers to differentiate their products in this evolving landscape.

Canadian lumber and building material stores have exhibited volatility because of fluctuations in construction markets caused by wider economic volatility and interest rate hikes. The pandemic greatly contributed to industry volatility, with housing starts ballooning in 2020 amid low interest rates. At the same time, the pandemic caused business closures and work stoppages that depleted private nonresidential construction markets. This trend was reversed in 2022 and 2023, as interest rate hikes dissuaded investment in residential construction, while commercial construction markets expanded. The ebb and flow of these markets has largely offset fluctuations in any particular market segment. Overall, revenue for lumber and building material stores is expected to climb at a CAGR of 1.3% to $8.0 billion through the end of 2025, including growth of 1.3% in 2025. Profit has improved since 2020 but remains below pre-pandemic levels, primarily because of higher product prices and operational costs. Most lumber and building materials stores are relatively small stores that endure fierce competition from big-box retailers and wholesalers. Companies in these external industries can leverage their large size to achieve economies of scale. Big box stores can save on purchasing costs by buying in bulk and passing their savings down to consumers. Many lumber and building material stores have joined cooperatives or distribution networks to take on these large stores. Members of these businesses have benefited from growing purchasing power and business services, achieving economies of scale while remaining operational at a single location or local level. Lumber and building material stores have strengthened their focus on quality customer service, expansive product offerings and superior after-sale service to remain competitive. Moving forward, revenue gains are expected to continue at a relatively similar rate. While interest rates are expected to remain above coronavirus-era lows, domestic construction markets are expected to improve. IBISWorld expects the values of residential and nonresidential construction to climb, spurred by population growth and supply constraints. The number of Canadian housing starts is expected to contract at a CAGR of 0.5% through the end of 2030, exacerbating Canada's housing shortage. Stores will adjust to changing consumer expectations, expanding their offerings of eco-friendly, sustainable and natural products to strengthen sales. Revenue for lumber and building material stores is expected to swell at a CAGR of 1.7% to $8.7 billion through the end of 2030.

The prefabricated housing market, valued at $134.57 million in 2025, is experiencing robust growth, projected to expand at a compound annual growth rate (CAGR) of 6.67% from 2025 to 2033. This growth is fueled by several key factors. Increasing urbanization and the consequent housing shortage in many regions are driving demand for faster, more cost-effective construction solutions. Prefabricated housing offers a significant advantage in this regard, reducing construction time and labor costs compared to traditional methods. Furthermore, the growing awareness of sustainable and eco-friendly building practices is bolstering the market, as prefabricated homes often incorporate energy-efficient designs and sustainable materials. The market segmentation, predominantly encompassing single-family and multi-family dwellings, reflects the diverse applications of prefabricated construction. Leading companies like Asahi Kasei Corporation, Sekisui House, and others are driving innovation and expanding their market reach through technological advancements and strategic partnerships. The market's geographic distribution is likely skewed towards North America and Europe, given their established construction sectors and higher adoption rates of prefabricated solutions. However, Asia Pacific is expected to witness substantial growth in the coming years, driven by rising disposable incomes and infrastructure development. The market's growth trajectory is, however, subject to certain constraints. Fluctuations in raw material prices, particularly lumber and steel, can impact profitability and potentially slow down growth. Regulatory hurdles and building codes specific to prefabricated structures can pose challenges in some regions. Addressing these concerns through efficient supply chain management, innovative material sourcing, and proactive engagement with regulatory bodies will be crucial for sustained market expansion. The market's future hinges on overcoming these challenges while capitalizing on the increasing demand for affordable, sustainable, and rapidly deployable housing solutions. Technological advancements, including the incorporation of smart home technologies and advanced manufacturing processes, will further enhance the appeal and competitiveness of prefabricated housing in the years to come. This in-depth report provides a comprehensive analysis of the global prefabricated housing market, offering invaluable insights for businesses and investors seeking to navigate this rapidly evolving sector. The study covers the historical period (2019-2024), base year (2025), and forecasts future growth from 2025 to 2033, projecting market size in million units. Our analysis incorporates key market trends, competitive landscapes, and regional variations, leveraging data-driven insights to understand the driving forces behind this dynamic industry. Key search terms analyzed include: modular homes, prefab homes, prefabricated construction, offsite construction, sustainable housing, and affordable housing. Disclaimer: I do not have access to real-time data, including specific market size figures in million units or company websites. The information below is illustrative and would need to be replaced with actual data from your market research. Key drivers for this market are: Increase FDI in construction in Asia-Pacific, Minimized Construction Wastage. Potential restraints include: Availability of Skilled Labor. Notable trends are: Expansion Of Prefabricated Housing To Drive The Market.

The global market for automatic wood edging machines is experiencing robust growth, projected to reach $1016.7 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 4.8% from 2025 to 2033. This expansion is driven by several key factors. Increased automation in the woodworking industry, coupled with a rising demand for high-quality, precision-finished wood products, fuels the adoption of these machines. The furniture, cabinetry, and flooring sectors are significant end-users, contributing substantially to market demand. Furthermore, advancements in technology, leading to improved efficiency, accuracy, and reduced labor costs, are further boosting market growth. The competitive landscape features both established players like Homag, SCM, Biesse, and Weinig, along with a growing number of regional manufacturers, indicating a dynamic and evolving market. This competition fosters innovation and drives down prices, making automatic wood edging machines accessible to a broader range of businesses. However, the market also faces some challenges. Fluctuations in raw material prices, particularly lumber, can impact production costs and profitability. The high initial investment required for purchasing and implementing these machines may deter smaller woodworking businesses from adoption. Additionally, maintaining skilled personnel to operate and maintain the sophisticated machinery remains a critical factor impacting overall market growth. Despite these restraints, the long-term outlook for the automatic wood edging machines market remains positive, driven by the ongoing trend toward automation and the persistent need for high-quality, efficiently produced wood products across diverse industries. Technological advancements focused on ease of use and reduced maintenance will likely mitigate some of the challenges and continue to drive market expansion in the coming years.

Graph and download economic data for Producer Price Index by Commodity: Pulp, Paper, and Allied Products: Wood Pulp (WPU0911) from Jan 1926 to Aug 2025 about wood, paper, commodities, PPI, inflation, price index, indexes, price, and USA.