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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.
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.
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Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Lumber (WPS081) from Jan 1967 to May 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.
The average price of wood sales increased in Poland in the observed period, amounting to ****** zloty per cubic meter in three quarters of 2024.
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The provided information includes: the year of the Republic of China, the queried month, the report code, the report type, the tree species code, the tree species name, the specification, the average price in January, the difference from last year's average price in January, the price increase or decrease notes in January, the average price in February, the difference from last year's average price in February, the price increase or decrease notes in February, the average price in March, the difference from last year's average price in March, the price increase or decrease notes in March, the average price in April, the difference from last year's average price in April, the price increase or decrease notes in April, the average price in May, the difference from last year's average price in May, the price increase or decrease notes in May, the average price in June, the difference from last year's average price in June, the price increase or decrease notes in June, the average price in July, the difference from last year's average price in July, the price increase or decrease notes in July, the average price in August, the difference from last year's average price in August, the price increase or decrease notes in August, the average price in September, the difference from last year's average price in September, the price increase or decrease notes in September, the average price in October, the difference from last year's average price in October, the price increase or decrease notes in October, the average price in November, the difference from last year's average price in November, the price increase or decrease notes in November, the average price in December, the difference from last year's average price in December, the price increase or decrease notes in December, the average price from the beginning of the year to the current month, the average price in the same period last year, the percentage change, and the price increase or decrease notes.
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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Explore the factors influencing lumber price fluctuations, including housing market demands, environmental regulations, and global events, to understand current and future trends in the lumber industry as of late 2023.
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Discover the factors that influence wood flooring costs, ranging from $6 to $25 per square foot, based on material, type of wood, installation, and additional considerations like maintenance. Learn how choices like oak, maple, exotic woods, and installation methods impact your budget, ensuring a cost-effective investment in beautiful, durable flooring.
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Abstract The objective of this study was to evaluate the production costs of processing logs from Eucalyptus grandis Hill ex Maiden and Eucalyptus saligna Sm, using two sawing pattern in a medium-sized sawmill. Alternating tangential sawing pattern was used for logs with a mean diameter of 33.0 cm and the radial sawing pattern for logs with a mean diameter of 47.0 cm. Based on the data obtained in the different sawing pattern, the fixed, variable and total costs were calculated and, subsequently, the average value for each of these costs. For the alternating tangential sawing pattern, the fixed cost represented 19.32% and the variable cost 80.68%. For the radial sawing pattern, the fixed cost represented 18.92% and the variable cost 81.08%. The radial sawing pattern presented lower average production costs, with a difference of 22.89 R$/m³, however there is no significant difference between the sawing pattern.
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Saudi Arabia Construction Materials Price: Average: Wood: Chilian data was reported at 1,583.250 SAR/Cub m in Mar 2025. This records an increase from the previous number of 1,577.170 SAR/Cub m for Feb 2025. Saudi Arabia Construction Materials Price: Average: Wood: Chilian data is updated monthly, averaging 1,109.305 SAR/Cub m from Feb 2009 (Median) to Mar 2025, with 194 observations. The data reached an all-time high of 1,989.600 SAR/Cub m in May 2022 and a record low of 939.060 SAR/Cub m in Jul 2017. Saudi Arabia Construction Materials Price: Average: Wood: Chilian data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.EA006: Average Construction Materials Price.
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Explore the comprehensive guide to wood flooring costs, covering factors such as wood type, quality, installation, and location, with prices ranging from $3 to $15 per square foot as of 2023. Learn how these elements affect the total investment and discover tips for choosing the right wood flooring for your home.
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Russia Average Export Price: Lumber data was reported at 227.500 USD/Ton in Nov 2018. This records a decrease from the previous number of 234.300 USD/Ton for Oct 2018. Russia Average Export Price: Lumber data is updated monthly, averaging 238.400 USD/Ton from Dec 2000 (Median) to Nov 2018, with 216 observations. The data reached an all-time high of 340.400 USD/Ton in Jun 2008 and a record low of 148.800 USD/Ton in Jun 2001. Russia Average Export Price: Lumber data remains active status in CEIC and is reported by Federal State Statistics Service. The data is categorized under Global Database’s Russian Federation – Table RU.PC001: Average Export Price.
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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.
Throughout the timeline, hard sawn wood has had higher prices than any other type of timber. In 2024, its price amounted to ****** U.S. dollars per cubic meter, which is twice higher than that of hard timber logs. During that period, soft logs were the cheapest type of timber at approximately ****** U.S. dollars per cubic meter. Meanwhile, lumber prices in the U.S. fluctuated a lot between 2020 and 2022.
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The global lumber market size was USD 337.8 Billion in 2023 and is projected to reach USD 425.4 Billion by 2032, expanding at a CAGR of 3.3% during 2024–2032. The market growth is attributed to the growing infrastructure investments across the globe.
Rising infrastructure investments is a significant driver of the lumber market. Governments and private entities across the globe are making substantial investments in infrastructure development. This includes the construction of public facilities, commercial spaces, and residential complexes. Such development activities lead to a high demand for lumber, given its versatility and strength-to-weight ratio. Additionally, advancements in engineered wood products have further increased the use of lumber in structural applications, driving the lumber market.
Artificial Intelligence has a significant impact on lumber market, by enhancing efficiency, accuracy, and productivity. The integration of AI in lumber operations has led to the development of smart sawmills that utilize machine learning algorithms to optimize the cutting of logs, thereby reducing waste and increasing yield. AI-powered drones and satellite imagery are now used for forest management, enabling precise inventory tracking and health assessment of trees.
AI has revolutionized supply chain management in the lumber industry, facilitating real-time tracking, predictive analytics for demand forecasting, and automated decision-making processes. This has resulted in reduced operational costs, improved customer service, and increased profitability. Furthermore, AI-driven predictive maintenance systems have been instrumental in minimizing equipment downtime, thus boosting overall productivity. The advent of AI has undeniably reshaped the lumber market, driving sustainability and growth.
As of October 2021, the average price of pine construction timber in Hungary totaled **** thousand forints per cubic meter. Over the observed time period, the price of pine construction timber on the domestic market peaked in April 2021, at over ** thousand forints.
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Graph and download economic data for Estimated Mean Real Household Wages Adjusted by Cost of Living for Wood County, WI (MWACL55141) from 2016 to 2023 about Wood County, WI; adjusted; average; WI; wages; real; and USA.
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Explore the 2023 costs and factors affecting wood flooring installation, including wood type, quality, and labor expenses. Understand the impact on your home's value and get tips on obtaining accurate quotes for your project.
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Serbia Average Retail Price: Fuel: Wood data was reported at 4,941.050 RSD/Cub m in 2017. This records an increase from the previous number of 4,570.280 RSD/Cub m for 2016. Serbia Average Retail Price: Fuel: Wood data is updated yearly, averaging 2,959.675 RSD/Cub m from Dec 1996 (Median) to 2017, with 22 observations. The data reached an all-time high of 4,941.050 RSD/Cub m in 2017 and a record low of 241.940 RSD/Cub m in 1996. Serbia Average Retail Price: Fuel: Wood data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.P001: Average Retail Prices.
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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.