Lumber rose to 615.50 USD/1000 board feet on October 13, 2025, up 0.82% from the previous day. Over the past month, Lumber's price has risen 5.39%, and is up 16.80% 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 October of 2025.

This table contains 30 series, with data for years 1961 - 2001 (not all combinations necessarily have data for all years), and was last released on 2001-10-29. This table contains data described by the following dimensions (Not all combinations are available): Geography (8 items: Atlantic Region; Ontario; Quebec; Prairie Region ...), Commodities (9 items: Lumber; softwood; Lumber; softwood; Douglas fir; Lumber; softwood; spruce-pine-fir; Lumber; softwood; hemlock ...).

As of July 18, 2025, the price of a 7/16 inch oriented strand board (OSB) in Canada was 335 Canadian dollars, which was significantly lower than the 52-week average. That means that the prices of OSB in Canada fell significantly in the past year. Meanwhile, the price of 9.5mm 4-ply exterior panel increased to 618 Canadian dollars.

Canada's production of softwood and hardwood lumber has been mostly decreasing between 2017 and 2025. In general, there were many fluctuations in the amount of lumber produced within each single year, with December usually having the lowest production figures. In May 2025, there were **** million cubic meters produced. There are also some factors that tend to impact United States cross-border purchases of Canadian lumber. Nominal price movements and the U.S. dollar to Canadian dollar exchange rate can also make an impact.

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.

Graph and download economic data for Import Price Index: Sawmills and wood preservation for Canada (COCANZ3211) from Jun 2012 to Dec 2020 about preservation, sawmills, wood, Canada, imports, price index, indexes, and price.

Get the latest insights on price movement and trend analysis of Softwood Lumber meal in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Canada IPPI: NAPCS: Lumber & Other Wood Pdts (LP) data was reported at 142.200 2010=100 in Sep 2020. This records an increase from the previous number of 133.800 2010=100 for Aug 2020. Canada IPPI: NAPCS: Lumber & Other Wood Pdts (LP) data is updated monthly, averaging 104.900 2010=100 from Jan 1981 (Median) to Sep 2020, with 477 observations. The data reached an all-time high of 142.200 2010=100 in Sep 2020 and a record low of 58.900 2010=100 in Nov 1981. Canada IPPI: NAPCS: Lumber & Other Wood Pdts (LP) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I011: Industrial Product Price Index: NAPCS 2012: 2010=100.

As of June 20 2025, 2x4 western spruce-pine-fir (kiln dried) Utility #3 was the lowest priced type of lumber in North America, at *** U.S. dollars per 1,000 board feet. Meanwhile, 2x4 eastern spruce-pine-fir stood at *** Canadian dollars per 1,000 board feet.

The price of softwood lumber in the first half of 2025 was **** percent higher than in 2024. The industrial price of wood windows and doors increased by **** percent in the first six months of 2025. However, the price of veneer and plywood fell by **** percent during that period.

Monthly Report on Softwood Lumber Prices and Consumption Softwood Lumber Agreement (SLA) 2006 - 2012

This table contains 179 series, with data for years 1956 - 2010 (not all combinations necessarily have data for all years), and was last released on 2010-09-29. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (181 items: Lumber and other wood products; Lumber and timber; Lumber and ties; hardwood; Lumber and ties ...).

This table contains 178 series, with data for years 1956 - 2013 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (180 items: Lumber and other wood products; Lumber and ties; Lumber and timber; Lumber and ties; hardwood ...).

This table contains 250 series, with data for years 1956 - 1990 (not all combinations necessarily have data for all years), and was last released on 2000-02-18. This table contains data described by the following dimensions (Not all combinations are available): Geography (10 items: Canada; Quebec; Ontario; Atlantic Region ...), Commodities (216 items: Lumber; sawmill and other wood products; Lumber and timber; Lumber and ties; hardwood; Lumber and ties ...).

This table contains 179 series, with data for years 1956 - 2001 (not all combinations necessarily have data for all years), and was last released on 2001-10-29. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (179 items: Lumber; sawmill; other wood products; Lumber and timber; Lumber and ties; hardwood; Lumber and ties ...).

Historical Expected U.S. Consumption and Prevailing Monthly Price Reports.

Canada Raw Materials Price Index: Wood data was reported at 102.000 2002=100 in Oct 2013. This records an increase from the previous number of 101.900 2002=100 for Sep 2013. Canada Raw Materials Price Index: Wood data is updated monthly, averaging 91.900 2002=100 from Jan 1981 (Median) to Oct 2013, with 394 observations. The data reached an all-time high of 142.000 2002=100 in Jun 1995 and a record low of 48.800 2002=100 in Dec 1982. Canada Raw Materials Price Index: Wood data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I022: Raw Materials Price Index: 2002=100.

Canada IPPI: Lumber and Other Wood Products data was reported at 81.900 1997=100 in Jul 2010. This records a decrease from the previous number of 82.300 1997=100 for Jun 2010. Canada IPPI: Lumber and Other Wood Products data is updated monthly, averaging 86.800 1997=100 from Jan 2002 (Median) to Jul 2010, with 103 observations. The data reached an all-time high of 108.900 1997=100 in May 2004 and a record low of 80.200 1997=100 in May 2009. Canada IPPI: Lumber and Other Wood Products data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I019: Industrial Product Price Index: 1997=100.

Industrial product price index (IPPI), by major product group by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1956. The table presents data for the most recent reference period and the last four periods. The base period for the index is (202001=100).

The price of wood products represents the price of all timber and forestry product inputs in Canada, including logs and bolts, pulpwood and rough, untreated poles, posts and piling. Both hardwood and softwood varieties are included. Data is sourced from Statistics Canada's Raw Materials Price Index and is presented as an index with 2010 as the base year. Forecasts are sourced from Agriculture and Agri-food Canada.