Lumber fell to 652.50 USD/1000 board feet on August 8, 2025, down 0.15% from the previous day. Over the past month, Lumber's price has risen 6.32%, and is up 24.25% 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 August 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.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber was 277.36400 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber reached a record high of 462.00000 in May of 2021 and a record low of 4.50000 in August of 1932. 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: Lumber - last updated from the United States Federal Reserve on July of 2025.

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 - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber was 287.96100 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber reached a record high of 581.50000 in May of 2021 and a record low of 19.80000 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: Softwood Lumber - last updated from the United States Federal Reserve on July of 2025.

United States - Import Price Index (End Use): Lumber was 100.30000 Index 2000=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Import Price Index (End Use): Lumber reached a record high of 584.10000 in June of 2021 and a record low of 50.80000 in March of 1982. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Import Price Index (End Use): Lumber - last updated from the United States Federal Reserve on July of 2025.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber was 269.23300 Index 1982=100 in June of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber reached a record high of 565.70000 in May of 2021 and a record low of 57.10000 in January of 1975. 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 Lumber - last updated from the United States Federal Reserve on August of 2025.

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.

PPI: Weights: FH: Household: Wood: Bedroom data was reported at 0.020 % in 2021. This records a decrease from the previous number of 0.021 % for 2020. PPI: Weights: FH: Household: Wood: Bedroom data is updated yearly, averaging 0.036 % from Dec 2007 (Median) to 2021, with 15 observations. The data reached an all-time high of 0.064 % in 2008 and a record low of 0.020 % in 2021. PPI: Weights: FH: Household: Wood: Bedroom data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I068: Producer Price Index: by Commodities: Weights.

United States - Producer Price Index by Commodity: Special Indexes: Lumber and Plywood was 271.09300 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Special Indexes: Lumber and Plywood reached a record high of 453.40000 in May of 2021 and a record low of 33.50000 in January of 1967. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Special Indexes: Lumber and Plywood - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Combined Inputs Price Deflator for Manufacturing: Sawmills and Wood Preservation (NAICS 3211) in the United States (IPUEN3211M051000000) from 1988 to 2021 about preservation, sawmills, wood, NAICS, IP, manufacturing, and USA.

Graph and download economic data for Capital Costs for Manufacturing: Veneer, Plywood, and Engineered Wood Product Manufacturing (NAICS 3212) in the United States (IPUEN3212C021000000) from 1988 to 2021 about engineering, cost, wood, NAICS, capital, IP, production, manufacturing, and USA.

Graph and download economic data for Intermediate Inputs Share for Manufacturing: Veneer, Plywood, and Engineered Wood Product Manufacturing (NAICS 3212) in the United States (IPUEN3212P030000000) from 1987 to 2021 about shares, engineering, cost, intermediate, purchase, wood, NAICS, IP, production, manufacturing, and USA.

The cost of manufacturing softwood veneer and plywood has fluctuated significantly during the past years in the United States, with its index value falling to 301.5 in August 2024. The price of this product peaked in June 2021 at 702.5, only to fall to 302 in September of that year. 1982 is the date used as a reference point, in which the index value was fixed at 100.

Timber prices in the United Kingdom fell in 2023, after having risen at a fast pace in 2021 and 2022. The price index of imported sawn or planed wood grew from 132 in 2020 to 195.6 in 2022. Meanwhile, the cost of imported plywood have increased less sharply, and therefore also had a smaller fall.

Graph and download economic data for Intermediate Inputs Costs for Manufacturing: Other Wood Product Manufacturing (NAICS 3219) in the United States (IPUEN3219P021000000) from 1988 to 2021 about cost, intermediate, purchase, wood, NAICS, IP, production, manufacturing, and USA.

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.

Graph and download economic data for Capital Costs for Manufacturing: Sawmills and Wood Preservation (NAICS 32111) in the United States (IPUEN32111C021000000) from 1988 to 2021 about sawmills, preservation, cost, wood, NAICS, capital, IP, manufacturing, and USA.

Graph and download economic data for Intermediate Inputs Costs for Manufacturing: Sawmills and Wood Preservation (NAICS 32111) in the United States (IPUEN32111P020000000) from 1987 to 2021 about sawmills, preservation, cost, intermediate, purchase, wood, NAICS, IP, manufacturing, and USA.