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Lumber fell to 602.62 USD/1000 board feet on June 6, 2025, down 0.40% from the previous day. Over the past month, Lumber's price has risen 11.57%, and is up 18.02% 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 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 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.
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Explore the current trends in oak lumber pricing, influenced by factors like grade, oak type, and regional markets. Learn about the differences between red and white oak, and discover how economic and natural factors impact costs. Stay informed with insights into market conditions and price variations in 2023.
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Explore the volatile landscape of lumber prices influenced by supply chain disruptions, demand fluctuations, tariffs, housing market trends, and sustainability concerns, as well as the impact of natural disasters and geopolitical factors shaping the industry in 2023.
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Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Lumber (WPU081) from Jan 1926 to Apr 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.
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Explore the factors influencing lumber costs per board foot, including supply-demand dynamics, environmental policies, and economic conditions, and understand the market volatility seen during the COVID-19 pandemic and beyond.
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.
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Explore the complexities of lumber prices per board foot, influenced by market demand, supply chain challenges, trade policies, and economic conditions. Learn about the factors driving fluctuations and trends in the construction industry.
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Explore the volatility of lumber prices per 1000 board feet as of 2023, influenced by supply chain disruptions, demand in the housing sector, and economic conditions. Learn about past trends during the COVID-19 pandemic and current market adjustments amidst changing forestry practices and regulatory impacts.
This statistic displays the lumber production in the United States from 2006 to 2019. In 2019, the lumber production in the United States amounted to some 45,423 million board feet.
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Graph and download economic data for Wholesale Price of Douglas Fir Lumber for Washington (M0439BUS000WAM289NNBR) from Jan 1922 to Sep 1941 about wood, wholesale, WA, price, and USA.
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Explore the factors affecting narra wood prices, ranging from $10 to $30 per board foot, including quality, sustainable sourcing, and market demand. Understand how these elements impact this exotic hardwood's value and availability.
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Interactive chart of historical daily lumber prices back to 1972. The price shown is in U.S. Dollars per thousand board feet.
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Explore the varying costs of white oak lumber per board foot in 2023, influenced by quality, thickness, location, and market dynamics. Discover how factors like premium grades, geographical proximity, and demand affect pricing in the lumber industry.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 179.2(USD Billion) |
MARKET SIZE 2024 | 185.95(USD Billion) |
MARKET SIZE 2032 | 249.94(USD Billion) |
SEGMENTS COVERED | Product Type ,End Use ,Distribution Channel ,Application ,Treatment ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising demand for lumber Increasing construction activity Growing population and urbanization Environmental concerns Technological advancements |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Weyerhaeuser ,West Fraser ,Canfor ,Georgia-Pacific ,Resolute Forest Products ,Interfor ,Louisiana-Pacific ,Rayonier Advanced Materials ,Hampton Lumber ,Sierra Pacific Industries ,Boise Cascade ,Plum Creek Timber Company ,Deltic Timber Corporation ,EACOM Timber Corporation ,GreenFirst Forest Products |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Sustainable forestry practices Technological advancements Mass timber construction Growing demand from developing countries Ecommerce |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.77% (2024 - 2032) |
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Explore the factors influencing pine wood costs per board foot, including type, grade, and location, with prices ranging from $2 to $5 on average. Learn how supply and demand, processing, and certification can impact pricing.
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Explore the factors influencing molave wood pricing in 2023, driven by its durability, scarcity, and demand for high-quality furniture. Learn about market fluctuations, regional variations, and the impact of sustainable sourcing on this premium timber.
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Explore the factors affecting the price of Sapele wood, a popular choice for furniture and woodworking, including quality, sustainability, and market conditions. Learn about its uses, cost per board foot, and pricing variations for this African Mahogany family member.
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Explore the nuances of padauk wood pricing, influenced by factors such as origin, quality, and market demand. Learn about the differences between African and Burmese Padauk, and how sustainability and market dynamics affect costs in the woodworking industry.
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Lumber fell to 602.62 USD/1000 board feet on June 6, 2025, down 0.40% from the previous day. Over the past month, Lumber's price has risen 11.57%, and is up 18.02% 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 June of 2025.