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.

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.

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 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 - 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: Wood Trusses was 267.52400 Index Dec 2003=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 Trusses reached a record high of 404.05600 in March of 2022 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: Wood Trusses - last updated from the United States Federal Reserve on November of 2025.

United States - Producer Price Index by Commodity: Lumber and Wood Products was 300.79000 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 reached a record high of 372.86400 in March of 2022 and a record low of 5.30000 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 - last updated from the United States Federal Reserve on November 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.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Made from Purchased Lumber was 270.48400 Index Dec 2003=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Made from Purchased Lumber reached a record high of 334.29300 in March of 2022 and a record low of 100.00000 in December of 2003. 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, Made from Purchased Lumber - last updated from the United States Federal Reserve on November of 2025.

The average wood pellets import price stood at $139 per ton in March 2022, with an increase of 42% against the previous month.

Graph and download economic data for Producer Price Index by Industry: Miscellaneous Wood Product Manufacturing: Secondary Products (PCU321999321999S) from Jun 1984 to Mar 2022 about miscellaneous, secondary, wood, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

In March 2022, the average export price for wood chips, parts, residues, pellets and other agglomerates amounted to $35.7 per cubic meter, declining by -3.9% against the previous month.

United States - Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Softwood Lumber, Made from Purchased Lumber was 247.39500 Index Dec 2003=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Softwood Lumber, Made from Purchased Lumber reached a record high of 301.49300 in March of 2022 and a record low of 100.00000 in December of 2003. 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: Softwood Lumber, Made from Purchased Lumber - last updated from the United States Federal Reserve on November of 2025.

In March 2022, the average gum or wood oils import price amounted to $2,213 per ton, almost unchanged from the previous month.

United States - Export Price Index (End Use): Lumber and Other Wood Supplies was 139.00000 Index 2000=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Export Price Index (End Use): Lumber and Other Wood Supplies reached a record high of 157.70000 in March of 2022 and a record low of 41.70000 in December of 1984. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Export Price Index (End Use): Lumber and Other Wood Supplies - last updated from the United States Federal Reserve on December of 2025.

The average wood fuel export price stood at $98.1 per cubic meter in March 2022, falling by -9.1% against the previous month.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Treated Wood was 270.86100 Index Jun 1985=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Treated Wood reached a record high of 320.22700 in March of 2022 and a record low of 96.00000 in January of 1987. 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: Treated Wood - last updated from the United States Federal Reserve on November of 2025.

The average wood bending machine import price stood at $11,567 per unit in March 2022, increasing by 62% against the previous month.

United States - Producer Price Index by Industry: Wood Preservation: Other Wood Products Owned and Treated by the Same Establishment was 229.01300 Index Jun 1985=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Wood Preservation: Other Wood Products Owned and Treated by the Same Establishment reached a record high of 307.53200 in March of 2022 and a record low of 94.70000 in November of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Wood Preservation: Other Wood Products Owned and Treated by the Same Establishment - last updated from the United States Federal Reserve on November of 2025.

United States - Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Primary Products was 205.38700 Index Dec 2003=100 in August of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Cut Stock, Resawing Lumber, and Planing: Primary Products reached a record high of 224.69600 in March of 2022 and a record low of 98.30000 in April 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: Primary Products - last updated from the United States Federal Reserve on November of 2025.