Lumber fell to 609.54 USD/1000 board feet on October 10, 2025, down 0.08% from the previous day. Over the past month, Lumber's price has risen 6.66%, and is up 15.88% 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.

The price of lumber 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 ***** U.S. dollars. Yet, after reaching this peak the price then fell to below *** 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 *** U.S. dollars as of January 29, 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Other Wood Products (WPU084) from Dec 1966 to Aug 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Explore the recent significant reduction in lumber prices, its causes, and its impact on sectors like construction and home renovation, highlighting the market's shift from pandemic highs and resulting economic benefits.

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.

American lumber prices have decreased threefold, closing in on pre-COVID levels, which should drive global prices down. The change in lumber prices is largely influenced by slumping demand for real estate which became more expensive from diminished access. In Russia, the world’s largest supplier, a sharp increase in lumber exports led to a shortage in the domestic market. Attempting to hold the price growth instigated by that, the Russian government implemented 10% export duties on lumber until the end of 2021. Due to this, the main importers of Russian goods may opt for other suppliers.

Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in the first half of 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. 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 these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** 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.

Spruce wood imports into Denmark totaled X cubic meters in 2017, going down by -X% against the previous year. Overall, spruce wood imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2013, when it surged by X% from the previous year. Denmark imports peaked of X cubic meters in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.In value terms, spruce wood imports stood at $X in 2017.

Snapshot img

The lumber pallet market share is expected to increase by 1561.97 million units from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.03%.

This lumber pallet market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers lumber pallet market segmentation by end-user (food and beverage, chemicals and pharmaceuticals, retail, construction, and others) and geography (APAC, North America, Europe, the Middle East and Africa, and South America). The lumber pallet market report also offers information on several market vendors, including Brambles Ltd., Coxco Inc., Faber Group B.V, FALKENHAHN AG, Greif Inc., John Rock Inc, Kamps Pallets Inc., Leap India Food and Logistics, Millwood Inc., Nefab AB, Pacific Pallets PVT. Ltd, Palcon LLC, PalletOne Inc., PECO Pallet, PGS Group, Rowlinson Packaging Ltd., Shur-way Group Inc., UFP Industries Inc., United Pallet Services Inc., and Yellow Pallet B.V., among others.

What will the Lumber Pallet Market Size be During the Forecast Period?

Download Report Sample to Unlock the Lumber Pallet Market Size for the Forecast Period and Other Important Statistics

Lumber Pallet Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post-COVID-19 era. The rise in containerization is notably driving the lumber pallet market growth, although factors such as fluctuating lumber prices and shortage of raw materials may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the lumber pallet industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Lumber Pallet Market Driver

The rise in containerization is one of the major drivers impacting the lumber pallet market growth. The growth in containerization is increasing the use of lumber pallets because shipping containers have smooth, level surfaces that permit the quick movement of pallets of different sizes using forklifts. The use of lumber pallets makes it easier to move heavy stacks in containers. Before being moved to containers, the individual items are stacked on a lumber pallet to create a unit load. This can be moved easily and loaded onto containers using a pallet jack, forklift, crane, or any other material handling equipment. Therefore, the growth in containerization is expected to lead to a higher demand for lumber pallets during the forecast period.

Key Lumber Pallet Market Trend

The emergence of pallet pooling is one of the major trends influencing the lumber pallet market growth. The emergence of pallet pooling services has enabled end-users to rent pallets at nominal rates for their entire supply chains, thus eliminating the need to buy crates. Renting a pallet from a shared pool offers substantial savings and significant returns on investments to end-users. Also, the reverse supply chain for end-users is handled by the pallet pooling companies. For instance, the pallet pooling companies deliver the pallet in the quantities ordered by end-users and deal with those pallets once they reach the end of the supply chain. Some pallet vendors, such as LEAP India, Brambles, Northwest, and others, also provide pallets on a rental basis. For instance, LEAP India offers pallets for rent to end-users in the e-commerce, automotive, dairy, beverages, pharmaceuticals, and other industries. There is a significant rise in the leasing or renting of pallets by end-users. This, in turn, is likely to increase the trend of lumber pallet pooling during the forecast period.

Key Lumber Pallet Market Challenge

Fluctuating lumber prices and shortage of raw materials are one of the major challenges impeding the lumber pallet market growth. Volatility in the prices of lumber is mainly attributed to a reduction in the availability of wood and lumber in many countries, such as Nigeria, Pakistan, Colombia, and Brazil, as a result of widespread deforestation and the decline in the number of new tree plantations. The increasing capacity expansion in lumber processing plants across India, the UK, and Canada, without taking into consideration the need for the sustainable procurement of raw materials, is increasing the disparities between the demand for and supply of lumber. Owing to such factors, end-users, such as pallet manufacturers, are expected to experience a shortage of timber. As a result of the shortage of timber in the market, pallet manufacturers will find it difficult to complete their orders. Thus, the shortage of lumber and wood products is expected to slow down the growth of the global lumber pallet market during the forecast period.

This lumber pallet mark

In 2017, approx. X cubic meters of pine wood were imported into Greece; going down by -X% against the previous year. Overall, pine wood imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2014, an increase of X% y-o-y. Over the period under review, the pine wood imports reached its peak figure volume of X cubic meters in 2007; however, from 2008 to 2017, it failed to regain its strength.In value terms, pine wood imports totaled $X in 2017.

Forestry Economic Trends data provides price information by species and country for domestic and imported logs, broken down by year, month, and size. It provides insight into price fluctuations in the domestic and international log markets and trends by major species, making it valuable for forestry-related industries, researchers, and policymakers. The data is based on research data from the National Institute of Forest Science and the Forestry Industry Economic Trends file on the Public Data Portal. It can be used for domestic and international timber market analysis, import/export strategy development, and price forecasting. It is regularly updated to reflect the latest market trends. Please note that this information is provided through the public data portal File Data (National Institute of Forest Science_Forestry Industry Economic Trends (https://www.data.go.kr/data/15048235/fileData.do), under the Key Statistics by Product > Log menu) and the National Institute of Forest Science Library (https://book.nifos.go.kr/, search for Forestry Industry Economic Trends).

The revenue of the chipped non-coniferous wood market in Saudi Arabia amounted to $X in 2018, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, chipped non-coniferous wood consumption, however, continues to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2014 when the market value increased by X% against the previous year. Chipped non-coniferous wood consumption peaked at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

The thermally modified wood market, valued at $4,325.7 million in 2025, is projected to experience steady growth, driven by increasing demand for sustainable and durable building materials. The 2.8% CAGR indicates a consistent expansion over the forecast period (2025-2033), fueled by several key factors. Growing environmental awareness and stricter building codes promoting sustainable construction practices are significant drivers. The inherent properties of thermally modified wood—enhanced durability, dimensional stability, and resistance to decay and insects—make it a compelling alternative to traditional wood treatments and other building materials. Furthermore, its aesthetic appeal, with a range of colors and textures achievable through thermal modification, adds to its market attractiveness. The market is segmented by various wood species, modification processes, and applications (e.g., decking, cladding, flooring). While specific segment data is unavailable, it's reasonable to assume that decking and outdoor applications hold a substantial market share, given the material's enhanced weather resistance. Competition among established players like Arbor Wood, Lunawood, and Stora Enso fosters innovation and drives down prices, making thermally modified wood more accessible to a wider range of consumers. The market's growth trajectory is expected to continue, albeit at a moderate pace. While potential restraints could include fluctuations in raw material costs and the need for further education and awareness regarding the benefits of thermally modified wood, these factors are unlikely to significantly hinder overall market expansion. The adoption of advanced modification techniques and the exploration of new applications, such as in interior design and high-end furniture, are expected to further propel market growth. Geographical expansion into emerging markets, where demand for sustainable and long-lasting construction materials is rising, will also contribute significantly to the overall market expansion during the forecast period. Specific regional data is currently unavailable, but considering the global nature of the construction industry, it's likely that North America and Europe hold the largest market share initially, with Asia-Pacific and other regions experiencing increased penetration in the coming years.

Kraft Pulp traded flat at 4,808 CNY/T on October 10, 2025. Over the past month, Kraft Pulp's price has fallen 2.83%, and is down 17.10% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Kraft Pulp.

Graph and download economic data for Producer Price Index by Commodity: Pulp, Paper, and Allied Products: Wood Pulp (WPU0911) from Jan 1926 to Aug 2025 about paper, wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Find in-season and off-season pricing for heating fuels, including heating oil, propane and wood price surveys by DOER. Links to electric and natural gas rates also available here.

The import value of wood pellets reached *** billion U.S. dollars in 2024. This was down from *** billion U.S. dollars worth in imports recorded in 2021. Wood pellets are made from compressed sawdust and have a greater combustion efficiency than wood logs, making them a highly desirable biofuel. The European Union is the greatest consumer of wood pellets.

In 2017, the amount of moulding patterns of wood imported into Norway amounted to X units, going down by -X% against the previous year. Overall, moulding patterns of wood imports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year.

In 2017, approx. X cubic meters of wood sawn or chipped lengthwise were imported into Egypt; going down by -X% against the previous year. In general, sawn wood imports continue to indicate a prominent increase. The growth pace was the most rapid in 2014, when it surged by X% year-to-year. Egypt imports peaked of X cubic meters in 2016, falling back in the following year.In value terms, sawn wood imports totaled $X in 2017.

The permanent wood foundations (PWF) market is experiencing robust growth, driven by increasing demand for sustainable and cost-effective building solutions. The market's value, while not explicitly stated, can be reasonably estimated based on typical CAGR values for similar construction materials and market trends. Considering a moderate CAGR of 5% (a common rate for niche construction materials) and a plausible 2025 market size of $2 billion, the market is projected to expand significantly over the forecast period (2025-2033). Key drivers include the rising popularity of eco-friendly construction materials, the relatively quick and easy installation process of PWFs compared to traditional concrete foundations, and their resilience to seismic activity in certain regions. The increasing adoption of PWFs in residential construction, particularly for vacation homes and landscape applications, is further fueling market growth. However, challenges such as potential susceptibility to insect infestation and moisture damage, along with regional variations in building codes and lumber availability, represent restraints to wider market penetration. Segmentation within the market reveals a preference for truss wooden foundations over slab foundations, reflecting design considerations and project requirements. Leading companies like Biewer Lumber, Kilrich, and others are actively contributing to innovation and expanding market reach through improved product design and distribution networks. The North American and European regions currently hold a significant share of the global market due to established construction practices and demand for sustainable buildings. Growth in the PWF market is expected to be particularly strong in regions with high population growth and increasing construction activity. Furthermore, government initiatives promoting sustainable building practices and incentives for green construction are anticipated to positively impact market expansion. The continued development of innovative PWF technologies, such as improved treatments to enhance pest and moisture resistance, will further contribute to market growth. Future market trends will likely see a shift towards more sophisticated and modular PWF designs, facilitating quicker installation and higher construction efficiency. Competition among manufacturers will intensify, driving down prices and further boosting market adoption. However, fluctuations in lumber prices and global economic conditions could potentially impact market growth, requiring manufacturers to effectively manage supply chains and adapt to changing market dynamics. The long-term outlook for the PWF market remains positive, driven by both technological advancements and a growing awareness of sustainable construction practices.