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.

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 lumbe 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 1,670 U.S. dollars. Yet, after reaching this peak the price then fell to below 500 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 576 U.S. dollars as of January 29, 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber (WPS0811) from Jan 1975 to Apr 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber was 270.44100 Index 1982=100 in April 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 450.90000 in May of 2021 and a record low of 30.40000 in March of 1967. 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 May of 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Wood Moldings (WPU08210162) from Jun 1983 to Mar 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Plywood was 156.58300 Index Dec 2012=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Plywood reached a record high of 175.99700 in October of 2022 and a record low of 96.70000 in April of 2015. 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 Plywood - last updated from the United States Federal Reserve on June of 2025.

In the fiscal year 2023, the price index of wood for building construction Japan's capital Tokyo stood at 138.6 index points. Timber prices declined from a decade high of 170.1 index points in the previous year.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Wood Box and Crate Shook (WPU08420102) from Jun 1985 to Apr 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Timber prices in the United Kingdom fell in 2023, after having risen at a fast pace in 2021 and 2022. The price index of imported sawn or planed wood grew from 132 in 2020 to 195.6 in 2022. Meanwhile, the cost of imported plywood have increased less sharply, and therefore also had a smaller fall.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Not Edge Worked was 142.71800 Index Dec 2003=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Not Edge Worked reached a record high of 322.30000 in May of 2021 and a record low of 64.20000 in May of 2009. 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: Softwood Lumber, Not Edge Worked - last updated from the United States Federal Reserve on June of 2025.

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.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Wood Panel, Flush, and Molded Face Doors, Interior and Exterior, Including Doors with Glazed Sections (WPU08210142) from Jun 1983 to Apr 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Other Wood Products Owned and Treated by the Same Establishment (WPU08710102) from Jun 1985 to Apr 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

The Wholesale Price Index of wood and wood products across India during financial year 2024 was over 146.6. The price index value of wood related products increased by about 41 percent from the base year of 2012. An overall increase in the price index was seen over the years from financial year 2013 in the country.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Logs, Bolts, Timber and Pulpwood was 109.57400 Index Dec 2011=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Logs, Bolts, Timber and Pulpwood reached a record high of 118.22800 in July of 2022 and a record low of 100.00000 in December of 2011. 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: Logs, Bolts, Timber and Pulpwood - last updated from the United States Federal Reserve on March of 2025.

Canada IPPI: NAPCS: Lumber & Other Wood Products (LP) data was reported at 138.800 Jan2020=100 in Mar 2025. This records an increase from the previous number of 134.600 Jan2020=100 for Feb 2025. Canada IPPI: NAPCS: Lumber & Other Wood Products (LP) data is updated monthly, averaging 88.100 Jan2020=100 from Jan 1981 (Median) to Mar 2025, with 531 observations. The data reached an all-time high of 230.500 Jan2020=100 in May 2021 and a record low of 48.200 Jan2020=100 in Nov 1981. Canada IPPI: NAPCS: Lumber & Other Wood Products (LP) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I010: Industrial Product Price Index: NAPCS 2017: Jan2020=100.

Throughout the timeline, hard sawn wood has had higher prices than any other type of timber. In 2023, its price amounted to 678 U.S. dollars per cubic meter, which is twice higher than that of hard timber logs. During that period, hard logs were the cheapest type of timber at approximately 212 U.S. dollars per cubic meter. Meanwhile, lumber prices in the U.S. have fluctuated a lot since February 2020.

United States - Import Price Index (End Use): Lumber was 250.20000 Index 2000=100 in November of 2021, according to the United States Federal Reserve. Historically, United States - Import Price Index (End Use): Lumber reached a record high of 584.10000 in June of 2021 and a record low of 50.80000 in March of 1982. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Import Price Index (End Use): Lumber - last updated from the United States Federal Reserve on March of 2025.

The provided data includes: ROC year, month, tree species code, tree species name, grade name, grade code, Luodong price, Hsinchu price, Dongshi price, Nantou price, Chiayi price, Pingtung price, Taitung price, Hualien price, and comparison of the previous month's increase or decrease in yuan.