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.

Lumber increased 124.05 USD/1000 board feet or 22.55% since the beginning of 2025, 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 March of 2025.

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.

Non-seasonal prices paid for softwood lumber in the United States have remained relatively stable in 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 yar. The price of softwood veneer and plywood in the United States has also followed a similar trend.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Lumber (WPS081) from Jan 1967 to Feb 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Explore the factors influencing lumber price fluctuations in the U.S., including supply-demand dynamics, natural disasters, and trade policies, with insights on price trends and resources for the latest updates.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber was 270.01500 Index 1982=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber reached a record high of 316.10800 in May of 2022 and a record low of 24.30000 in January of 1947. 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 Lumber - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber (WPU0812) from Jan 1947 to Feb 2025 about floor coverings, wood, commodities, PPI, inflation, price index, indexes, price, and USA.

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 - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Flooring, Other Than Oak and Maple was 148.43700 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: Hardwood Flooring, Other Than Oak and Maple reached a record high of 153.88900 in March of 2023 and a record low of 99.60000 in February of 2012. 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 Flooring, Other Than Oak and Maple - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Softwood Cut Stock and Dimension (WPU08110503) from Jan 1987 to Feb 2025 about stocks, 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: Plywood (WPU083) from Jan 1947 to Jan 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Prefabricated Stationary Wood Buildings, Shipped in Three-Dimensional Assemblies was 426.96400 Index Dec 1984=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Prefabricated Stationary Wood Buildings, Shipped in Three-Dimensional Assemblies reached a record high of 426.96400 in February of 2025 and a record low of 100.00000 in December of 1984. 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: Prefabricated Stationary Wood Buildings, Shipped in Three-Dimensional Assemblies - last updated from the United States Federal Reserve on March of 2025.

These sixty tables present current and historical information on production, trade, consumption, and prices of timber products in the United States from 1965-2017 as published in Howard and Liang (2019). The tables focus on national statistics, but include some data for individual states / regions and for Canada. The underlying data were collected from industry trade associations and government agencies. Not all statistics reported in the tables are available for all years due to changes over time in what information was collected by the source organizations.The tables are intended for forest land managers, forest industries, trade associations, forestry schools, renewable resource organizations, individuals in the major timber producing and consuming countries of the world, and the general public. A major use of the data has been tracking industry production and consumption trends over time.The version of the data included in this publication does not include any formulas. A version with formulas is available upon request by contacting the Archive Team (see the Contact Us link at https://doi.org/10.2737/RDS).

Original metadata date was 10/26/2018. Metadata updated on 09/09/2019 to include full citation information for a publication that is now available.

248878 Global export shipment records of Lumber with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked was 122.20300 Index Jun 2012=100 in January of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: 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 Commodity: Lumber and Wood Products: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Producer Price Index by Commodity: Pulp, Paper, and Allied Products: Wood Pulp (WPU09110501) from Jun 2006 to Feb 2025 about wood, paper, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Wood Pallets and Pallet Containers, Wood and Metal Combination (WPU08410101) from Dec 2009 to Feb 2025 about wood, metals, commodities, PPI, inflation, price index, indexes, price, and USA.

The cost of manufacturing softwood veneer and plywood has fluctuated significantly during the past years in the United States, with its index value falling to 301.5 in August 2024. The price of this product peaked in June 2021 at 702.5, only to fall to 302 in September of that year. 1982 is the date used as a reference point, in which the index value was fixed at 100.

Building materials made of copper had some of the highest price growth rates in the U.S. in December 2024 in comparison to the previous year. The growth rate of the cost of many construction materials was much lower than in 2023. 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 the inflation trends in the U.S. at that time, the price growth rate of construction materials in the UK were generally lower 2023 than in 2022. Nevertheless, the cost of some construction materials in the UK still soared that year, with several of those items reaching price growth rates of over 10 or even of over 14 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.