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.

According to Cognitive Market Research, the global Lumber market size was USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market share for more than 40% 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 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share 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 7.0% from 2024 to 2031.
Latin America had a market share of more than 5% 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.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The sustainable products category is the fastest growing segment of the Lumber industry

Market Dynamics of Lumber Market

Key Drivers for Lumber Market

Increased infrastructure development fuels lumber consumption and market growth to Boost Market Growth

The key drivers that dominate the growth of the lumber market due to increased infrastructure development include rising urbanization, population growth, and an expanding construction sector. As countries invest heavily in infrastructure projects such as roads, bridges, and residential and commercial buildings, there is a growing demand for Lumber as a primary building material. Additionally, the increasing focus on sustainable and eco-friendly construction practices has led to a preference for wood-based products, driving up lumber consumption. Government initiatives and policies aimed at enhancing urban development and improving infrastructure further stimulate the demand for Lumber. Moreover, the growing trend of wood's aesthetic and environmental benefits in interior design and construction projects contributes to market growth. The continuous development of new technologies in lumber processing and efficient supply chain management also boosts the availability of quality lumber, enhancing its consumption in the market. These factors collectively fuel the global lumber market growth.

Rising home construction projects drive lumber demand and prices

Rising home construction projects are a key driver of increased lumber demand and prices. The expansion of residential construction, fueled by population growth, urbanization, and low interest rates, boosts the need for Lumber. As more people seek homeownership and housing inventory remains limited, the demand for building materials, particularly Lumber, intensifies. Supply chain disruptions, limited mill capacity, and labor shortages further exacerbate the supply-demand imbalance, contributing to price hikes. Additionally, increasing government investment in infrastructure and housing projects, along with the shift toward sustainable building practices, is expected to continue driving demand for Lumber in the coming years.

Restraint Factor for the Lumber Market

Unpredictable timber costs affect pricing and profitability

Unpredictable timber costs pose significant restraints in the timber industry, directly influencing pricing and profitability. Fluctuations in raw material costs, driven by factors like supply chain disruptions, environmental regulations, and demand shifts, make it difficult for businesses to forecast expenses. This uncertainty can lead to pricing instability, forcing companies to either absorb higher costs or pass them onto consumers, which impacts competitiveness. Additionally, profitability is threatened as businesses struggle to maintain margins amidst rising or volatile timber prices. Long-term planning and financial stability are hindered, limiting growth opportunities and operational efficiency.

Trend Factor for the Lumber Market

Sustainable forestry and eco-certified lumber are gaining momentum

The lumber market is undergoing a significant transformation towards sustainability, characterized by an increasing demand for eco-certified and responsibly sourced wood products. Stakeholders including consumers, builders, and governments are emphasizin...

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.

This dataset contains the predicted prices of the asset Lumber over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.

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.

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.

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.

This dataset contains the predicted prices of the asset High Quality Lumber over the next 16 years. This data is calculated initially using a default 5 percent annual growth rate, and after page load, it features a sliding scale component where the user can then further adjust the growth rate to their own positive or negative projections. The maximum positive adjustable growth rate is 100 percent, and the minimum adjustable growth rate is -100 percent.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber was 281.33600 Index 1982=100 in August 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 December of 2025.

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Timber Logistics Market Size 2025-2029

The timber logistics market size is forecast to increase by USD 18.57 billion at a CAGR of 6.4% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. Technological advances are revolutionizing the industry, with the adoption of automation and digitalization in timber transportation and processing. Additionally, there is an increasing demand for lesser-known timber species, offering opportunities for market expansion. The market's size is significant, with applications ranging from paper production using wood pulp and fuelwood to furniture manufacturing. However, the market faces challenges, including growing concerns over rising deforestation and the need for sustainable forestry practices. These issues are driving the need for transparency and accountability in the timber supply chain. The market analysis report provides a comprehensive overview of these trends and challenges, offering insights into the future growth prospects of the timber logistics industry.

What will be the Size of the Timber Logistics Market During the Forecast Period?

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The market encompasses the transportation and management of various timber products, including construction materials like sawn timber, plywood, and industrial roundwood, as well as paper-based packaging solutions such as paper and paperboard, tissue paper, and packaging materials. Key drivers in this market include the construction industry's continued demand for sustainable building materials and the growth of eco-friendly packaging trends.
Moreover, sustainable forest management is increasingly important, with a focus on certified timber products and the reduction of deforestation and illegal logging practices. Infrastructure limitations pose challenges to efficient timber transportation via land and sea, necessitating innovation in the form of technologies like blockchain, drones, and satellite imagery for forest mapping and timber inventory management. Consumers' increasing environmental consciousness further fuels market growth.

How is this Timber Logistics Industry segmented and which is the largest segment?

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

Type

  Industrial roundwood
  Fuelwood
  Others


Mode Of Transportation

  Land transportation
  Sea transportation


Service

  Transportation
  Warehousing


Geography

  APAC

    China
    India
    Japan


  Europe

    Germany
    UK
    France
    Italy


  North America

    US


  South America

    Brazil


  Middle East and Africa

By Type Insights

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

The market encompasses the transportation and distribution of industrial roundwood, a fundamental input in the production of paper, lumber, and various wood-based products. The market's expansion is fueled by the burgeoning wood-based product industry and the escalating preference for eco-friendly and sustainable solutions. The construction sector is a significant consumer of industrial roundwood, utilizing it for timber frames, roofing, flooring, and other applications. Moreover, it plays a pivotal role in the manufacturing of paper, packaging materials, and wood-based products for the furniture industry. The increasing urbanization and population growth have led to an increase in construction activities, thereby driving the demand for industrial roundwood.

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The industrial roundwood segment was valued at USD 18.35 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 40% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The construction industry in Asia Pacific (APAC), particularly in countries like India, is experiencing significant growth. With the Indian government planning to mobilize over USD1 trillion in investments by 2025, the country is projected to rank among the world's top five largest construction markets. By 2050, it is estimated that over 65% of the global population will reside in urban areas, with a majority in APAC. Indonesia, a major construction market in APAC, is anticipated to expand at a faster pace than other countries in the region. The increasing urbanization and construction activities in APAC are driving the demand for var

United States - Producer Price Index by Commodity: Lumber and Wood Products: Wood Chips, Excluding Field Chips was 119.50700 Index Dec 2011=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Wood Chips, Excluding Field Chips reached a record high of 120.11700 in June of 2022 and a record low of 81.70000 in April of 2013. 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: Wood Chips, Excluding Field Chips - last updated from the United States Federal Reserve on November of 2025.

The Wood Pulp Market Report is Segmented by Fiber Source (Hardwood, Softwood, Non-Wood Fibers) and Geography (North America, Europe, Asia-Pacific, South America, Middle East, and Africa). The Market Forecasts are Provided in Terms of Value (USD).

The Wood-Based Panel Report is Segmented by Product Type (Medium Density Fiberboard (MDF)/High-Density Fiberboard (HDF), Oriented Strand Board (OSB), Particleboard, Plywood, Hardwood, and Other Types), Application (Furniture, Construction, Packaging, and Other), and Geography (Asia Pacific, North America, Europe, South America, and Middle-East and Africa). The Market Forecasts are Provided in Terms of Volume (Million Cubic Meters).

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

WFG West Fraser Timber Co. Ltd Common stock

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

The global Wood Pellets market is projected to grow from USD 12.1 billion in 2025 to USD 31.3 billion by 2035, advancing at a CAGR of 9.9%.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

West Fraser Timber (WFG) Stock Forecast: Positive Outlook

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Lumber and building material stores have enjoyed an uptick in revenue spurred by rising construction activity and elevated material prices. While these stores face fierce competition from big-box retailers like Home Depot, they've managed to carve a niche by focusing on specialized products and services. Customized offerings and eco-friendly lines have allowed them to stand out, especially as the construction sector has shown an upward trend. Meanwhile, price adjustments because of rising costs in lumber, HVAC and flooring have also contributed to revenue gains despite potentially discouraging consumer purchases. Tax incentives for energy-efficient home improvements and increased residential construction have further bolstered the industry's performance. Revenue is expected to climb at a CAGR of 0.7% to $160.8 billion through the end of 2025, including a projected growth of 0.4% in 2025 alone. In the same year, profit is anticipated to account for 5.0% of revenue. Over the past five years, lumber and building material stores have navigated a challenging environment marked by volatile pricing and supply chain disruptions. Yet, they've managed to maintain a steady course. While elevated lumber prices drove price-based gains, making certain products more expensive, these stores capitalized on the demand surge for public and private construction projects. Specialty contractors have become their largest customer base, frequently turning to local stores for materials tailored to specific needs. Consolidation within the industry has been a notable trend, with larger companies acquiring smaller competitors to remain viable against big-box giants. Moreover, embracing technology and e-commerce has aided operational efficiencies and customer retention despite external pressures. Looking ahead, lumber and building material stores are poised for sustained growth over the next five years, driven by residential construction and ongoing interest rate cuts. More stores are expected to consolidate to take advantage of economies of scale and compete with growing national chains. Environmental consciousness will also shape offerings, with more stores stocking green building materials to meet rising consumer demand for sustainable infrastructure. Though competition from home improvement stores will intensify, lumber and building material stores will thrive by focusing on local expertise, customer service and innovation to maintain their competitive edge in an evolving market. Revenue is forecast to inch upward at a CAGR of 0.8% to $167.3 billion through the end of 2030.

United States - Producer Price Index by Industry: Wood Container and Pallet Manufacturing: Other Wood Container Parts and Wood Containers was 133.83100 Index Dec 2003=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Wood Container and Pallet Manufacturing: Other Wood Container Parts and Wood Containers reached a record high of 151.10000 in December of 2020 and a record low of 99.70000 in January of 2004. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Wood Container and Pallet Manufacturing: Other Wood Container Parts and Wood Containers - last updated from the United States Federal Reserve on November of 2025.

According to Cognitive Market Research, The Global Cedar Wood market size will be USD 0.35 billion in 2023 and will grow at a compound annual growth rate (CAGR) of 6.9% from 2023 to 2030.

The global Cedar Wood market will expand at a significant rate of 6.9% CAGR between 2023 and 2030.
The demand for Cedar Woods is rising due to the rise in demand from the pharmaceutical sector. 
Demand for Conventional remains higher in the Cedar Wood market.
The Offline category held the highest Cedar Wood market revenue share in 2023.
North America will continue to lead, whereas the Asia Pacific Cedar Wood market will experience the strongest growth until 2030.

Rise In Demand From Pharmaceutical Sector to Provide Viable Market Output

The growing demand from the pharmaceutical industry is driving significant growth in the Cedar Wood Market. Cedarwood is prized for its natural fragrant components and healing qualities. The pharmaceutical sector is using it more and more to extract essential oils and active substances for use in a variety of therapeutic goods, such as ointments, herbal medicines, and natural treatments.

As per data from the Canadian Construction Association, the construction sector stands as one of the leading employers, providing jobs for approximately 1.4 million individuals, and is a substantial contributor to the nation's economic prosperity. Notably, this industry is comprised of around 70% of small and medium-sized enterprises (SMEs), and it plays a crucial role by contributing approximately 7.5% to the country's Gross Domestic Product (GDP).

(Source: www.cca-acc.com/about-us/value-of-industry/)

With the growing preference for natural and holistic healthcare solutions, cedarwood's applications in pharmaceuticals are expanding, significantly driving the demand for cedarwood and positioning it as a valuable resource in the market.

Technology Innovations to Propel Market Growth

Technology innovations are driving the Cedar Wood Market by improving sustainability and resource management. Advanced forestry techniques, such as drone-assisted tree monitoring and selective harvesting, allow for more sustainable cedar wood sourcing. Additionally, new treatment technologies enhance the durability and longevity of cedar wood, expanding its range of applications.

In October 2022, doTERRA introduced a range of fresh essential oils sourced naturally and sustainably. This latest collection encompasses eucalyptus essential oil and guaiac wood essential oil.

(Source: www.doterra.com/IN/en_IN)

Digital marketing and e-commerce platforms make it easier for consumers and businesses to access cedar wood products. Furthermore, improved supply chain management and tracking technologies ensure efficient distribution. These technological advancements contribute to the cedar wood market's growth and environmental sustainability.

Market Dynamics For The Cedar Wood Market

Key Drivers for Cedar Wood Market

High Durability and Natural Resistance Properties: Cedar wood is well-known for its ability to resist decay, insects, and moisture, which makes it a favored option for outdoor furniture, decking, fencing, and siding. Its durability decreases the need for frequent replacements, appealing to both commercial and residential users.

Aesthetic Appeal and Aromatic Qualities: Featuring its deep reddish tones, fine grain, and fragrant oils, cedar wood is highly sought after for interior uses such as wardrobes, closets, paneling, and handcrafted furniture. Additionally, its aroma naturally deters pests, enhancing its functional benefits.

Rising Use in Sustainable and Green Building Projects: As consumers and developers increasingly embrace eco-friendly construction practices, cedar wood—recognized as a renewable and biodegradable resource—has become more popular. Certification standards like FSC (Forest Stewardship Council) further encourage its application in sustainable architecture.

Key Restraints for Cedar Wood Market

Limited Availability and Regional Supply Concentration: Cedar is not extensively accessible in all regions and is primarily obtained from North America and certain areas of Asia. This geographical concentration results in supply limitations and increased costs in markets reliant on imports.

Price Volatility Due to Logging Regulations and Weather: Restrictions on logging aimed at forest conservati...