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.

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.

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.

Canadian lumber wholesalers have grappled with global lumber price volatility, creating challenging conditions both for wholesalers and for downstream clients like construction contractors, home improvement stores and hardware stores. In 2021 and 2022, the price of lumber soared globally as demand for new construction soared, especially in the United States. While exports and imports are not tracked at a wholesale level, many companies do sell across the border; as a result, conditions in the United States affect revenue. As lumber prices and Canadian residential construction activity have fallen from their respective 2021 and 2022 peaks, so too has revenue for the Lumber Wholesaling industry in Canada. With industry revenue forecast to remain level in 2025 alone, the overall industry is expected to have decreased at a five-year CAGR of 1.8% to reach $15.6 billion in 2025. The fate of wholesalers has largely been tied to the volatility of downstream construction markets. High interest rates stifled previously hot residential construction markets in both Canada in the US till both the Bank of Canada and the Federal Reserve began cutting rates. While this is set to improve construction activity, and therefore demand for lumber, both the Bank of Canada and the Federal Reserve have held rates steady in their most recent 2025 decisions as volatile US-Canada tariff policy has created an uncertain economic situation. The US and Canada have had an ongoing trade dispute over lumber prices since before the US put in place broader tariffs in April 2025. The uncertain business environment caused in part by these tariffs has kept the average industry profit margin from expanding through the end of 2025. Lumber wholesalers are expected to see growth moving forward. Interest rates are expected to be gradually cut over the coming years, stimulating demand from downstream construction markets. In tandem, the selling price of lumber is expected to climb, though it will not likely see the rampant inflation of recent years. Demand for housing construction in Canada demand is also set to remain strong into the near future. Consequently, industry revenue is forecast to expand at a CAGR of 1.4% to $15.6 billion over the five years through 2030.

The Japanese preservative-treated rough wood market dropped to $128M in 2024, reducing by -4.1% against the previous year. Over the period under review, consumption saw a mild downturn. Over the period under review, the market attained the peak level at $149M in 2021; however, from 2022 to 2024, consumption failed to regain momentum.

For fiscal year 2025, the forecast FIT price for biomass was highest for woody biomass derived from thinned wood under ***** kilowatts, with around ** Japanese yen per kilowatt-hour. The FIT price of woody biomass derived from thinned wood with more than ***** kilowatts was the lowest, with only ** yen per kilowatt-hour.

The Cuban preservative-treated rough wood market dropped to $X in 2021, with a decrease of -5.9% against the previous year. The market value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Preservative-treated rough wood consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

In 2024, the Norwegian densified wood market increased by 18% to $3.9M for the first time since 2021, thus ending a two-year declining trend. Overall, consumption enjoyed a perceptible expansion. Densified wood consumption peaked at $8.4M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

The Kenyan wood tool market amounted to $37M in 2024, picking up by 2.5% against the previous year. Over the period under review, consumption, however, showed resilient growth. Wood tool consumption peaked at $46M in 2021; however, from 2022 to 2024, consumption failed to regain momentum.

The Turkish preservative-treated rough wood market reduced markedly to $13M in 2024, shrinking by -15.5% against the previous year. In general, consumption recorded a perceptible descent. As a result, consumption reached the peak level of $52M. From 2021 to 2024, the growth of the market remained at a somewhat lower figure.

The Indian wood tool market expanded slightly to $1.3B in 2024, growing by 3.7% against the previous year. Overall, consumption, however, saw a resilient expansion. Wood tool consumption peaked at $1.5B in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

The Scandinavia market for coniferous wood in the rough declined slightly to $9.1B in 2024, approximately reflecting the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the market value increased by 9.8% against the previous year. As a result, consumption attained the peak level of $9.2B. From 2022 to 2024, the growth of the market failed to regain momentum.

In 2024, the Chilean densified wood market was finally on the rise to reach $73M for the first time since 2021, thus ending a two-year declining trend. The market value increased at an average annual rate of +2.6% 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 $80M. From 2022 to 2024, the growth of the market failed to regain momentum.

The Puerto Rican wood tool market was finally on the rise to reach $X in 2021, after three years of decline. In general, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -39.2% against 2017 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

The U.S. chemical wood pulp market rose by 6.1% to $27B in 2021.

After two years of decline, the Cote d'Ivoire's wood tool market increased by 1.7% to $2.5M in 2024. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Wood tool consumption peaked at $2.6M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

The global market for wood chips, particles and residues stood at $X in 2021, leveling off at the previous year. Overall, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by X% against 2012 indices. Over the period under review, the global market reached the maximum level in 2021 and is likely to see steady growth in years to come.

In 2021, the Venezuelan market for wood chips, particles and residues decreased by X% to $X, falling for the second consecutive year after four years of growth. The market value increased at an average annual rate of X% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

In 2021, the Ghanian market for wood chips, particles and residues decreased by X% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption enjoyed a strong increase. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.