Lumber fell to 537 USD/1000 board feet on December 1, 2025, down 1.29% from the previous day. Over the past month, Lumber's price has fallen 1.47%, and is down 9.54% 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 December 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: Lumber (WPU081) from Jan 1926 to Sep 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: Softwood Lumber (WPU0811) from Jan 1947 to Aug 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Mirror and Picture Frames and Framed Pictures was 162.72200 Index Jun 2002=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Mirror and Picture Frames and Framed Pictures reached a record high of 162.72200 in April of 2025 and a record low of 94.80000 in November 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: Mirror and Picture Frames and Framed Pictures - last updated from the United States Federal Reserve on November of 2025.

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Turkey Wood Manufacturing Market Size 2025-2029

The Turkey wood manufacturing market size is forecast to increase by USD 1.2 billion at a CAGR of 4% between 2024 and 2029.

The Turkish wood manufacturing market is experiencing significant growth, driven primarily by the increasing urban population and high demand for medium density fiberboard (MDF). This trend is fueled by the country's expanding construction sector, which is seeing a in residential and commercial projects. However, market expansion is not without challenges. Volatility in raw material prices, particularly for wood and chemicals, poses a significant hurdle for manufacturers. Additionally, regulatory complexities and supply chain inconsistencies temper growth potential. To capitalize on the market's opportunities, manufacturers must focus on cost management strategies, such as implementing price risk mitigation tactics and exploring alternative raw material sources. Additionally, the expansion of the e-commerce industry enables easy access to these products, making it more convenient for homeowners to purchase decking materials for their projects. High-density polyethylene (HDPE), polypropylene (PP), and polyvinyl chloride (PVC) are commonly used in plastic decking, and the recycled versions offer sustainability benefits without compromising the product's performance.
Furthermore, adhering to regulatory requirements and maintaining a reliable supply chain are essential for long-term success in the Turkish wood manufacturing market. Companies that can effectively navigate these challenges and adapt to market dynamics will be well-positioned to thrive in this dynamic and growing industry.

What will be the size of the Turkey Wood Manufacturing Market during the forecast period?

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The Turkish wood manufacturing market encompasses various segments, including wood recycling processes, wood staining methods, and wood trim. Structural timber and cabinet making are prominent sectors, while wood marquetry, wood roofing, and wood painting techniques add to the industry's diversity. Oriented strand board, medium-density fiberboard, and wood composite panels are common materials used in this sector. Wood preservation methods and wood insect repellents ensure the longevity of products, such as structural timber and wood framing. Wood energy production from wood waste management is a growing trend, with wood fire retardants and wood drying technology essential for efficient energy generation.
Wood finishing techniques, including wood carving, wood engraving, and wood joinery, showcase the craftsmanship and artistry in wood furniture manufacturing. Cross-laminated timber, glulam beams, and mass timber are innovative solutions for prefabricated wood structures and modular construction. Wood moldings, wood siding, and wood decking cater to the residential and commercial sectors, while wood inlay and wood sheathing contribute to the industry's versatility. Wood framing, wood-plastic composites, and wood finishing techniques ensure high-quality, durable structures. Wood waste management and moisture control are crucial aspects of the market, with companies continually seeking advanced solutions to minimize waste and maintain optimal wood conditions.
Overall, the Turkish wood manufacturing market is dynamic and innovative, with a focus on sustainability and efficiency. By offering various protective coatings that cater to diverse applications and environmental requirements, this market continues to evolve and adapt to the changing needs of the industry.

How is this market segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Residential
  Commercial


End-user

  Construction
  Furniture
  Others


Product Type

  Sawnwood
  Paper and paperboard
  Fiberboard
  Particle board
  Others


Geography

  Middle East and Africa

    Turkey

By Application Insights

The residential segment is estimated to witness significant growth during the forecast period.

The market is experiencing notable growth in 2024, fueled by the increasing demand for high-quality wood products in residential applications. New home construction, remodeling projects, and renovations have driven interest in aesthetically pleasing and sustainable timber interiors. Consumers are gravitating towards fine, custom-made wood fittings and furnishings, such as wooden flooring, cabinets, and doors, due to their durability and warmth. Sustainability is a significant concern for homeowners, leading them to prefer certified sustainable wood sources. This trend is inspiring manufacturers to innovate and align their offerings with evolving consumer preferences. Planing mills and veneer mills are worki

According to Cognitive Market Research, the global Pine Wood market size was USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.70% from 2024 to 2031.

North America held the major market, accounting for more than 40% of global revenue. With a market size of USD XX million in 2024, it will grow at a compound annual growth rate (CAGR) of 2.9% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD XX million.
Asia Pacific held a market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7 % from 2024 to 2031.
The Latin America market will account for more than 5% of global revenue and was USD XX million in 2024, growing at a compound annual growth rate (CAGR) of 4.1 % from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
The Furniture segment had the largest share in the global Pine Wood market by application.

Market Dynamics of Pine Wood Market

Key Drivers of Pine Wood Market

High Demand in Furniture and Interior Design: Pine wood is extensively utilized in the production of furniture, cabinetry, and paneling owing to its ease of work, attractive grain pattern, and cost-effectiveness. The global surge in home decor and DIY initiatives has led to a notable increase in demand for pine-based products from both interior designers and consumers.

Sustainable and Renewable Resource Appeal: In light of rising environmental concerns, the classification of pine wood as a fast-growing, renewable, and sustainably sourced timber renders it appealing to eco-conscious consumers. Certifications such as FSC and PEFC further enhance its acceptance in green building projects and sustainable product lines within the construction and manufacturing industries.

Growth in Construction and Packaging Applications: Pine wood is widely employed in structural framing, flooring, pallets, and crates. The rapid growth of construction activities in developing areas, coupled with the rising global trade that necessitates durable packaging, underscores the continued relevance of pine wood due to its structural integrity and availability in these industrial sectors.

Key Restraint Of Pine Wood Market

Susceptibility to Decay and Termites: As a softwood, pine wood is vulnerable to insect infestations and decay, particularly in humid conditions. This vulnerability restricts its use in outdoor and long-term structural applications unless it undergoes chemical treatment, which increases processing costs and raises concerns regarding the environmental and health implications of such preservatives.

Volatile Timber Pricing and Supply Chain Disruptions: Variations in timber supply caused by wildfires, pest infestations (such as pine beetles), and trade limitations have led to price volatility. Furthermore, transportation and export regulations impact availability, rendering pine wood a less reliable option for manufacturers who require a steady supply in bulk.

Competition from Engineered and Alternative Materials: Pine wood faces competition from engineered woods such as MDF and plywood, along with materials like plastic, aluminum, and composites. These alternatives frequently provide enhanced durability or fire resistance and are being increasingly utilized in industries that prioritize low-maintenance or more resilient solutions.

Key Trends Of Pine Wood Market

Rise in Thermally Modified Pine Wood: Thermal modification enhances the durability, moisture resistance, and lifespan of pine wood, rendering it suitable for outdoor and architectural applications. This trend is on the rise, particularly in Europe and North America, where consumers are in search of natural yet enduring wood alternatives that do not require extensive chemical treatments.

Integration in Modular and Prefabricated Construction: Pine wood is becoming increasingly popular in modular buildings and prefabricated housing due to its lightweight nature, aesthetic appeal, and ease of cutting. Its application in quick-assembly structures corresponds with the growing demand for affordable and sustainable housing and commercial space devel...