Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Logs, Bolts, Timber and Pulpwood (WPU08510502) from Dec 2011 to May 2025 about logging, wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Export Price Index (End Use): Logs and Lumber (IQ13100) from Dec 1992 to May 2025 about end use, logging, wood, exports, 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 *** 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 *** U.S. dollars per cubic meter. Meanwhile, lumber prices in the U.S. have fluctuated a lot since February 2020.

MPI's log price information is available from a number of sources. Radiata pine log prices are published quarterly on MPI's website. These data are also available on Scion Research's Woodwide database. A and J grade prices are available free from MPI and the Overseas Trade Price Index is available through MPI's Statistical Releases by quarterly subscription.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Logs, Bolts, Timber, Pulpwood and Wood Chips was 261.98100 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: Logs, Bolts, Timber, Pulpwood and Wood Chips reached a record high of 278.75900 in July of 2022 and a record low of 90.60000 in February of 1986. 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, Pulpwood and Wood Chips - last updated from the United States Federal Reserve on June 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.

The Vietnamese market for saw logs and veneer logs expanded significantly to $6.3B in 2024, surging by 5.5% against the previous year. In general, the total consumption indicated a tangible increase from 2012 to 2024: its value increased at an average annual rate of +3.3% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +75.0% against 2016 indices.

Revenue in the Logging industry has dwindled in the last five years, having been hampered by changes in core downstream sectors like nondurable goods manufacturing and construction activity. After a rise in remote work during the pandemic resulted in less need for paper, a surge in sales of pulp products like sanitary supplies and an upswing in residential construction activity drove demand for softwood lumber. This helped to stabilize industry revenue midway through the current five-year period; still, industry revenue is expected to have dropped at CAGR of 3.2% to an estimated $13.9 billion as of the end of 2024. Revenue is anticipated to have grown 2.6% in 2024. Labor shortages have restricted industry output, and were exacerbated by the combination of an older workforce and the physically demanding and hazardous nature of logging. The number of workers per retiree in the US dropped from 5.2 in 2007 to 3.5 as of 2023, according to the Forest Resources Association, and many young adults have left rural areas for urban centers. At the same time, industry profit has also dwindled due to an increase in wage-related expenses required to retain workers. However, technological innovations have somewhat offset these challenges. For example, drones, satellite imaging and automated harvesting machines have bolstered efficiency and safety, although they are associated with high capital costs. Increased awareness of sustainable practices has driven some logging enterprises to adopt eco-friendly methods, though this shift is financially challenging in the short term. The Logging industry is poised for growth over the five years to 2029, depending on economic factors. For example, as of January 2025, interest rates have declined from their peak during the current period and are expected to be lowered further. construction activity and timber demand are projected to rise by 8.5% in 2025. Sustainability will continue to play a central role in logging operations, with managed plantations and timberlands becoming more prevalent and providing a stable and eco-friendly wood supply. Additionally, diversification into sustainable bioproduct alternatives, like biofuels and mass timber, offers promising long-term growth opportunities for the industry. These factors are forecast to drive revenue higher at a CAGR of 2.4% to an expected $15.6 billion through the end of 2029.

The North American market for saw logs and veneer logs rose remarkably to $95.1B in 2024, surging by 5.7% against the previous year. The market value increased at an average annual rate of +1.3% over the period from 2012 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked at $101.5B in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

Logs prices (Malaysia) in , May, 2025 For that commodity indicator, we provide data from January 1960 to May 2025. The average value during that period was 176.9 USD per cubic meter with a minimum of 28.89 USD per cubic meter in September 1964 and a maximum of 520.81 USD per cubic meter in May 1993. | TheGlobalEconomy.com

The global timber raw material market is experiencing robust growth, driven by increasing demand from the construction and furniture industries. The market size in 2025 is estimated at $150 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 4% from 2025 to 2033. This growth is fueled by several key factors. Firstly, the ongoing expansion of the residential, commercial, and industrial construction sectors globally fuels the demand for timber as a primary building material. Secondly, the rising popularity of sustainably sourced timber and engineered wood products, coupled with growing awareness of the environmental benefits of using wood over other materials, is contributing to market expansion. Finally, advancements in timber processing technologies are leading to the creation of more durable and versatile wood products, widening their application across various industries. However, the market faces certain restraints. Fluctuations in timber prices due to factors such as weather patterns, forest management practices, and global economic conditions can impact market growth. Sustainability concerns, especially regarding deforestation and illegal logging, remain a significant challenge. Furthermore, competition from alternative building materials, such as concrete and steel, and rising transportation costs pose further hurdles to market expansion. Segment-wise, the residential building application currently holds the largest market share, followed by commercial building. Amongst types, preservative wood and hardwood dominate the market due to their durability and aesthetic appeal. Geographic regions like North America, Europe, and Asia Pacific are key contributors to market revenue, with China and the United States being major consumers. The forecast period of 2025-2033 presents significant opportunities for market players to capitalize on the increasing demand, while simultaneously addressing sustainability concerns and ensuring responsible sourcing practices. This comprehensive report provides a detailed analysis of the global timber raw material market, offering invaluable insights for industry stakeholders, investors, and researchers. The market, valued at approximately $250 billion in 2023, is poised for significant growth, driven by burgeoning construction and increasing demand for sustainable building materials. This report delves into key market segments, regional trends, competitive dynamics, and future growth projections.

The statistic shows the annual production output at basic price of forestry and logging industries in Italy from 2015 to 2017. In 2017, the annual production output at basic price of forestry and logging industries was at its maximum value of 2.3 billion euros.

The dataset contains year-wise compiled data on annual Gross Domestic Product (GDP)/Gross Domestic Value (GVA) share at constant and current prices by Forestry and Logging sector.

Notes:

Current prices are those indicated at a given moment in time, and said to be in nominal value. Constant prices are in real value, i.e. corrected for changes in prices in relation to a base line or reference datum. It is also known as Real GDP

The U.S. market for saw logs and veneer logs (non-coniferous) expanded significantly to $27.2B in 2024, increasing by 14% against the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $28.2B. From 2023 to 2024, the growth of the market remained at a somewhat lower figure.

The latest National Statistics on Timber Price Indices produced by the Forestry Commission were released on 15 November 2018 according to the arrangements approved by the UK Statistics Authority.

Timber Price Indices are based on sales by the Forestry Commission and Natural Resources Wales and consist of the Coniferous Standing Sales Price Index and the Softwood Sawlog Price Index. They present data to September 2018 for Great Britain.

United States - Export Price Index (End Use): Logs and Lumber was 115.90000 Index 2000=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Export Price Index (End Use): Logs and Lumber reached a record high of 137.70000 in March of 2022 and a record low of 79.50000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Export Price Index (End Use): Logs and Lumber - last updated from the United States Federal Reserve on June of 2025.

Logs prices (Cameroon) in , May, 2025 For that commodity indicator, we provide data from January 1970 to May 2025. The average value during that period was 292.96 USD per cubic meter with a minimum of 42.99 USD per cubic meter in January 1970 and a maximum of 562.84 USD per cubic meter in March 2008. | TheGlobalEconomy.com

Explore the factors influencing hardwood log prices including supply and demand, weather, and trade issues. Learn about the impact of industry demand, harvesting costs, and sustainability on pricing. Stay informed with updates from timber markets and associations for the most current price trends.