Lumber fell to 599.02 USD/1000 board feet on July 11, 2025, down 1.89% from the previous day. Over the past month, Lumber's price has fallen 2.99%, but it is still 37.54% higher than a year ago, 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.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Cut Stock and Dimension (WPU081203) from Dec 1980 to May 2025 about floor coverings, stocks, wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Explore how lumber prices at Home Depot vary based on wood type, dimensions, and region. Learn about dimensional and pressure-treated lumber, bulk purchasing options, and using Home Depot's online tools for accurate budgeting and real-time pricing checks.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Cut Stock and Dimension was 382.87700 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Cut Stock and Dimension reached a record high of 382.87700 in May of 2025 and a record low of 94.80000 in December of 1980. 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: Hardwood Cut Stock and Dimension - last updated from the United States Federal Reserve on July of 2025.

Softwood Lumber Market Outlook

The global softwood lumber market size was valued at approximately $330 billion in 2023 and is projected to reach around $470 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.0% over the forecast period. The market's growth is primarily driven by the increasing demand for sustainable building materials, coupled with rapid urbanization and industrialization across various regions. As construction activities soar globally, especially in emerging economies, the demand for softwood lumber products is anticipated to rise significantly. Regulatory push towards greener building practices and the intrinsic properties of softwood, such as its strength-to-weight ratio and versatility, further fuel its adoption across industries.

One of the primary growth factors propelling the softwood lumber market is the expanding construction industry, which remains one of the largest consumers of lumber products. The need for residential, commercial, and industrial infrastructures has seen a steep rise in recent years, largely driven by population growth and urban migration. In particular, the demand for residential construction has surged due to increasing housing needs, which in turn fuels the demand for dimensional lumber and studs. Furthermore, the trend towards wooden architecture and sustainable building solutions has encouraged the use of softwood lumber, thanks to its renewability and lower environmental impact compared to alternative materials such as steel and concrete.

The furniture industry is another significant contributor to the growth of the softwood lumber market. As consumer preferences tilt towards eco-friendly and aesthetically appealing furniture designs, manufacturers are increasingly opting for softwood lumber due to its workability and attractive finishes. Innovations in wood treatment and processing have enhanced the durability and aesthetic appeal of softwood furniture, making it a popular choice for both residential and commercial applications. Additionally, the growth of e-commerce platforms has facilitated the reach of softwood lumber products to a larger consumer base, further driving market growth. An increase in disposable income and a growing middle-class population in developing countries are also playing a pivotal role in boosting the demand for softwood lumber in the furniture sector.

Environmental policies and sustainable forestry practices are also shaping the trajectory of the softwood lumber market. There is a growing emphasis on sourcing lumber from certified sustainable forests, which helps in preserving biodiversity and reducing carbon footprints. This has resulted in increased collaboration between governments, NGOs, and industry players to promote responsible forestry practices. Moreover, the development of engineered wood products and alternative lumber technologies is opening up new avenues for market growth, providing high-performance materials with enhanced properties for diverse applications. These innovations cater to the demand for durable, lightweight, and sustainable building materials, ensuring that the softwood lumber market continues to expand and evolve.

Product Type Analysis

The product type segment of the softwood lumber market comprises dimensional lumber, studs, boards, and others, each catering to distinct applications and demands within the market. Dimensional lumber is one of the most prominent categories, primarily utilized in construction due to its standardized sizing and ease of use. This type of lumber is preferred for framing in residential and commercial buildings because of its structural integrity and cost-effectiveness. Its popularity is further bolstered by advancements in wood processing technologies that enhance its performance, making it suitable for a wide range of construction needs. Dimensional lumber's demand is expected to grow steadily as global construction activities continue to expand.

Studs, another critical category within the product type segment, are essential components in building frameworks. Used extensively in wall partitions and load-bearing structures, studs provide the necessary support and stability required in both residential and commercial constructions. With an increasing focus on sustainable and energy-efficient buildings, the demand for precision-engineered studs is escalating. Manufacturers are responding by offering products that meet rigorous quality standards and environmental certifications, ensuring that they align with the latest building codes and regulations. As the construction industry becomes more sophisticated, the role of studs in ensuring structur

United States - Producer Price Index by Industry: Prefabricated Wood Building Manufacturing: Prefabricated Stationary Wood Buildings, Three-Dimensional Assemblies, Nonresidential was 481.30700 Index Dec 1984=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Prefabricated Wood Building Manufacturing: Prefabricated Stationary Wood Buildings, Three-Dimensional Assemblies, Nonresidential reached a record high of 506.88400 in August of 2022 and a record low of 100.00000 in March of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Prefabricated Wood Building Manufacturing: Prefabricated Stationary Wood Buildings, Three-Dimensional Assemblies, Nonresidential - last updated from the United States Federal Reserve on June of 2025.

Discover the range of treated lumber available at Lowe's, including dimensions, types, and prices. Learn about factors affecting costs, from type of treatment to market conditions, with 2x4s starting at $8-$12 and decking boards typically ranging from $15-$30.

United States - Producer Price Index by Industry: Sawmills: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked was 154.05700 Index Jun 2012=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Sawmills: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked reached a record high of 268.20000 in June of 2021 and a record low of 88.20000 in September of 2012. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Sawmills: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked - last updated from the United States Federal Reserve on June of 2025.

United States PPI: Weights: LW: Lumber: Hardwood: Cut Stock & Dimension data was reported at 0.026 % in 2024. This records an increase from the previous number of 0.024 % for 2023. United States PPI: Weights: LW: Lumber: Hardwood: Cut Stock & Dimension data is updated yearly, averaging 0.030 % from Dec 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 0.035 % in 2021 and a record low of 0.022 % in 2012. United States PPI: Weights: LW: Lumber: Hardwood: Cut Stock & Dimension data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I: Producer Price Index: by Commodities: Weights.

The global lumber mill market is a significant industry, experiencing consistent growth driven by the robust demand from the construction and housing sectors. While precise market size figures were not provided, based on typical industry growth rates and considering major players like West Fraser, Weyerhaeuser, and Stora Enso, a reasonable estimation for the 2025 market size would be in the range of $150-200 billion USD. This substantial market value reflects the essential role lumber plays in various applications, from residential construction (single-family homes, multi-family dwellings, and renovations) to commercial projects (offices, retail spaces, and industrial buildings). A compound annual growth rate (CAGR) in the range of 3-5% from 2025-2033 is plausible, driven by factors such as increasing global population, urbanization, and infrastructure development. However, potential restraints such as fluctuating timber prices, environmental regulations regarding sustainable forestry practices, and economic downturns could influence this growth trajectory. Market segmentation likely includes softwood and hardwood lumber, along with further divisions based on product type (e.g., dimensional lumber, plywood, engineered wood products) and geographic region. The competitive landscape is marked by a mix of large multinational corporations and regional players. Key players continuously strive for market share through strategic acquisitions, investments in advanced technologies (such as automation and precision sawing), and efforts to enhance sustainability in their operations. Future market growth will depend heavily on factors like global economic stability, construction activity levels, governmental policies promoting sustainable forestry, and the innovation of new lumber products that meet evolving market needs and address environmental concerns. The industry is expected to see increasing adoption of precision manufacturing technologies and more stringent environmental certifications, creating opportunities for companies that prioritize efficiency and sustainability. Furthermore, a growing focus on sustainable sourcing and reducing the carbon footprint of lumber production will likely reshape the market landscape in the coming years.

United States PPI: LW: Lumber: Hardwood: Dimension data was reported at 260.600 1982=100 in Sep 2018. This records a decrease from the previous number of 262.900 1982=100 for Aug 2018. United States PPI: LW: Lumber: Hardwood: Dimension data is updated monthly, averaging 183.250 1982=100 from Dec 1980 (Median) to Sep 2018, with 454 observations. The data reached an all-time high of 289.400 1982=100 in Jul 2014 and a record low of 94.800 1982=100 in Dec 1980. United States PPI: LW: Lumber: Hardwood: Dimension data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I017: Producer Price Index: By Commodities.

Explore the factors influencing white oak wood pricing, from grade and dimensions to market demand. Learn why white oak is a premium choice in furniture-making and woodworking, and understand how elements like thickness, finish, and location impact cost.

The global naturally rot-resistant wood market is experiencing robust growth, projected to reach $218.1 million in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 7.7% from 2025 to 2033. This expansion is driven by several key factors. The increasing demand for sustainable and eco-friendly building materials is a primary driver, as naturally rot-resistant wood offers a renewable alternative to treated lumber and other synthetic options. Furthermore, the rising construction activity globally, particularly in commercial and civil building sectors, fuels market growth. The inherent durability and longevity of naturally rot-resistant wood, reducing maintenance costs and extending the lifespan of structures, also contribute to its increasing appeal. Specific wood types known for their natural resistance, such as cedar, redwood, and certain tropical hardwoods, are key components of this market. The market segmentation reveals strong demand across various applications, with commercial and civil buildings representing significant portions of the market share. This indicates the material's suitability for a wide range of construction projects. However, challenges remain. The cost of naturally rot-resistant wood can be higher than that of conventionally treated lumber, potentially limiting adoption in cost-sensitive projects. Moreover, the availability of certain species of naturally rot-resistant wood can be geographically constrained, affecting supply and potentially driving up prices in specific regions. Nevertheless, ongoing research and development efforts focused on enhancing the durability of readily available wood species and exploring alternative sustainable treatment methods are expected to mitigate some of these challenges and further boost market growth in the coming years. The emergence of innovative processing techniques that improve the stability and dimensional properties of this wood will play a crucial role in overcoming these constraints and driving wider adoption. The geographical distribution showcases a diverse market landscape, with North America and Europe anticipated to hold significant shares initially, while Asia-Pacific is poised for strong future growth due to increasing construction activities and infrastructure development in the region.

The engineered lumber market, valued at $3970.8 million in 2025, is poised for significant growth. While the specific CAGR is not provided, considering the robust construction sector globally and the increasing demand for sustainable and high-performance building materials, a conservative estimate of a 5-7% CAGR for the forecast period (2025-2033) is reasonable. This growth is driven by several factors, including the rising adoption of engineered wood products in residential and commercial construction due to their superior strength, dimensional stability, and cost-effectiveness compared to traditional lumber. Furthermore, increasing government initiatives promoting sustainable building practices and the growing awareness of environmental concerns are bolstering the demand for engineered wood products. The market segmentation reveals strong demand across applications, with business and household uses leading the way. Laminated boards and Glulam remain prominent product types, while Cross Laminated Timber (CLT) is experiencing rapid expansion, fueled by its versatility and suitability for large-scale construction projects. The key players in the market, including Weyerhaeuser, LP Building Solutions, and Boise Cascade, are continuously innovating and expanding their product portfolios to meet the evolving market demands, further driving market expansion. The regional landscape shows strong growth across North America and Europe, driven by established construction industries and readily available raw materials. However, emerging economies in Asia-Pacific are also exhibiting significant potential, presenting opportunities for expansion. Despite the positive outlook, certain factors could potentially restrain market growth. These include fluctuating raw material prices, potential supply chain disruptions, and the need for ongoing technological advancements to improve the efficiency and sustainability of engineered lumber production. Nevertheless, the overall market trajectory points towards robust growth, underpinned by the industry's focus on innovation, sustainability, and the increasing demand for high-performance building materials in both developed and developing markets. This makes engineered lumber a compelling investment and growth opportunity.

United States PPI: Weights: LW: Lumber: Softwood: Cut Stock & Dimension data was reported at 0.013 % in 2024. This stayed constant from the previous number of 0.013 % for 2023. United States PPI: Weights: LW: Lumber: Softwood: Cut Stock & Dimension data is updated yearly, averaging 0.013 % from Dec 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 0.023 % in 2009 and a record low of 0.010 % in 2012. United States PPI: Weights: LW: Lumber: Softwood: Cut Stock & Dimension data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I068: Producer Price Index: by Commodities: Weights.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked (WPU081106012) from Jun 2012 to May 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Global Glued Laminated Timber market size was USD 6.49 Billion in 2022. Glued Laminated Timber Industry's Compound Annual Growth Rate will be 5.30% from 2023 to 2030. What is driving the Glued Laminated Timber Market?

Rise in the number of residential and commercial construction projects

The rise in the number of residential and commercial projects is a major driving factor contributing to the growth of the glued laminated timber (Glulam) market. Builders refer collectively to all types of laminated beams or other laminated structural wood materials such as glued laminated timber. Glulams are versatile construction materials used widely in commercial and residential projects. Glulam is gaining huge attention for being used in applications such as vaulted ceilings and designs with large open premises. Four appearance grades such as framing, industrial, architectural, and premium glulam are used when professionals looking into a combination of structural and aesthetic attributes. This includes a range of architectural applications, including education facilities, churches, offices, and homes. For example, China, the US, and India drive construction industry growth. Glued laminated wood is a highly innovative building material. It is stronger than steel and has greater strength and rigidity than wood. Increased design value, improved product performance, and cost competitiveness make laminated timber the perfect choice for projects ranging from simple beams and headers in residential construction to high arches in dome roofs. Glulam components are manufactured off-site in controlled factory conditions, ensuring high precision and quality. This prefabrication process allows for faster and more efficient construction on-site, reducing project timelines and costs. The dimensional stability of glued laminated timber also minimizes shrinkage and warping issues, leading to better construction accuracy. Additionally, its natural wood appearance and warm aesthetic appeal contribute to its popularity in architectural design. Glued laminated timber is increasingly used as a safe load-bearing material in residential and commercial construction. Manufacturers develop project-specific product solutions to meet the complex requirements of modern timber construction architecture. For example, the construction projects developed in the U.S. in 2021 are valued at nearly USD 1.6 trillion. In 2021, 1,337,800 housing units were built, which constitutes an increase of 4% compared to 2020. All these factors contribute to the growth of the glued laminated timber (Glulam) market.

The rising trend toward using sustainable building material (Access Detailed Analysis in the Full Report Version)


Rising demand for timber (Access Detailed Analysis in the Full Report Version)

Introduction of Glued Laminated Timber

Glued laminated timber is commonly known as glulam. It is a type of structurally engineered wood product commonly used for beams and columns in residential and commercial applications. It typically consists of several parallel layers of small pieces of lumber stacked and it is glued together under a certain pressure to make a large timber structure. It is also widely used for structural components such as arches of mid to high-rise buildings and affixed side-by-side to form panels. Along with this, it serves as the primary material for major load-bearing structures such as bridges, canopies, and pavilions. Glued laminated timber offers several benefits including durability, cost-effectiveness, and high versatility. These are also resource-efficient since they replace huge, old-growth timber with relatively small pieces of timber to produce a wooden part. Another benefit of glulam is product availability and variety in size and shape. In addition to this, one of the design advantages of Glulam is the ease of bending into the desired curve shape and into long lengths. Commercially available glue-laminated wood comes in lengths of 30 meters and cross sections ranging from 45 mm x 45 mm to 250 mm x 1800 mm. Nowadays, consumer preference is increasing for wood-based construction owing to its extensive benefits and advantages. Glulam is considered a sustainable building material because it is made from renewable resources wood. Sustainable building materials are becoming more important as worries about climate change and environmental effects increase. T...

United States - Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Softwood Cut Stock and Dimension was 200.42000 Index Dec 1980=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Softwood Cut Stock and Dimension reached a record high of 381.70000 in May of 2021 and a record low of 100.00000 in December of 1980. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Softwood Cut Stock and Dimension - last updated from the United States Federal Reserve on June of 2025.

Explore the factors affecting sapele wood pricing, from sourcing and quality to dimensions and market conditions, with costs averaging $10-$25 per board foot.