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.

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: Lumber (WPU081) from Jan 1926 to Sep 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

United States - Export Price Index (End Use): Logs and Lumber was 115.40000 Index 2000=100 in August 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 December of 2025.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Rough Lumber, Not Edge Worked was 141.60000 Index Jun 2012=100 in October of 2020, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Rough Lumber, Not Edge Worked reached a record high of 141.60000 in September of 2020 and a record low of 96.40000 in July of 2012. 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: Softwood Rough Lumber, Not Edge Worked - last updated from the United States Federal Reserve on November of 2025.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber, Made from Purchased Lumber was 102.60000 Index Dec 2003=100 in January of 2020, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber, Made from Purchased Lumber reached a record high of 109.70000 in July of 2018 and a record low of 80.20000 in July of 2009. 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, Made from Purchased Lumber - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Plywood (WPU083) from Jan 1947 to Aug 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 Industry: Cut Stock, Resawing Lumber, and Planing: Hardwood Lumber, Made from Purchased Lumber was 105.80000 Index Dec 2003=100 in January of 2020, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Hardwood Lumber, Made from Purchased Lumber reached a record high of 113.10000 in July of 2018 and a record low of 81.40000 in July of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Hardwood Lumber, Made from Purchased Lumber - last updated from the United States Federal Reserve on November of 2025.

Throughout the timeline, hard sawn wood has had higher prices than any other type of timber. In 2024, its price amounted to ****** U.S. dollars per cubic meter, which is twice higher than that of hard timber logs. During that period, soft logs were the cheapest type of timber at approximately ****** U.S. dollars per cubic meter. Meanwhile, lumber prices in the U.S. fluctuated a lot between 2020 and 2022.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Other Wood Container Parts and Wood Containers was 137.99100 Index Dec 2003=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Other Wood Container Parts and Wood Containers reached a record high of 152.10000 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 Commodity: Lumber and Wood Products: Other Wood Container Parts and Wood Containers - last updated from the United States Federal Reserve on December of 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Softwood Rough Lumber, Not Edge Worked (WPU081106011) from Jun 2012 to Oct 2020 about sawmills, wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Timber prices in the United Kingdom fell slightly in 2024, after those prices decreased significantly in 2023. The price index of imported sawn or planed wood grew by ***** percent between 2020 and 2022, while the cost of imported plywood rose by ** percent during that period.

Bureau of Labor Statistics Industrialized Countries - Import Price Index: Sawmills and wood preservation for Industrialized Countries was 188.70000 Index 2010=100 in December of 2020, according to the United States Federal Reserve. Historically, Bureau of Labor Statistics Industrialized Countries - Import Price Index: Sawmills and wood preservation for Industrialized Countries reached a record high of 263.30000 in September of 2020 and a record low of 83.00000 in October of 2015. Trading Economics provides the current actual value, an historical data chart and related indicators for Bureau of Labor Statistics Industrialized Countries - Import Price Index: Sawmills and wood preservation for Industrialized Countries - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Hardwood Lumber, Made from Purchased Lumber (PCU3219123219121) from Dec 2003 to Jan 2020 about floor coverings, stocks, wood, purchase, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Import Price Index: Sawmills and wood preservation for Canada (COCANZ3211) from Jun 2012 to Dec 2020 about preservation, sawmills, wood, Canada, imports, price index, indexes, and price.

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.

Between 2022 and 2025, the construction price of residential and non-residential buildings in Canada has grown at the same pace. The price of both types of buildings was roughly ***** percent higher in the last quarter of 2025 than in 2024, which is the year when the index base was set at 100. Nevertheless, that only considers the cost of buildings in 15 selected metropolitan areas in Canada. Toronto was by far the metropolitan region with the highest construction costs in Canada.

What determines construction costs? The growth rate of the construction price of different types of buildings tends to follow similar trends to some extent. For example, price growth rates in Canada for most types of buildings were more moderate in 2024 than in previous years. However, those figures show a lot of disparity, with the cost of building a high rise apartment building growing much faster than that of other types of buildings. This might be because the construction costs depend on elements such as the location, materials, and complexity of the building, which tend to be quite different for each type of building.

Lumber building materials in Canada In 2024, Canada was the world’s second-largest exporter of wood building materials such as veneer sheets, parquet flooring, particleboard, laminated wood, and builders’ joinery and carpentry. Forestry, logging, and processing wood into ready-to-use materials are important industries in the Canadian economy. High price growth rates of building materials impact negatively the construction industry as their activities become more expensive. However, the forestry and logging industry benefited from the cost of lumber rising in 2020 and 2021. In the past years, the price of lumber, however, has fallen again.