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 increased 124.05 USD/1000 board feet or 22.55% since the beginning of 2025, 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 March of 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: All Other Miscellaneous Wood Products (WPU08490901) from Jun 1984 to Feb 2025 about miscellaneous, 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 in 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 yar. The price of softwood veneer and plywood in the United States has also followed a similar trend.

The price of millwork in the United States continued its growth-trend in 2021, peaking at nearly 319. In contras, the previous year that index value was at over 274. This value of index was set at 100 in 1982. In contrast, the price of softwood lumber in the United States has fluctuated much more in the past years.

The price of lumbe 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 1,670 U.S. dollars. Yet, after reaching this peak the price then fell to below 500 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 576 U.S. dollars as of January 29, 2025.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Made from Purchased Lumber (WPU08110701) from Dec 2003 to Feb 2025 about purchase, wood, commodities, PPI, inflation, price index, indexes, price, 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.

As of August 2020, the monthly average price for wood in Egypt amounted to 9010, 5100 and 4000 Egyptian pounds per cubic meter (572.89, 324.28, 254.33 U.S. dollars) for Beech, Sweden and Blank wood, respectively. Furthermore, it is evident that both Swedish wood and Blank wood followed the same overall declining trend. The mean price of Swedish and Blank wood shrank by approximately 4.35 and 4.6 percent in September 2019, respectively. Prices for Beech wood, on the other hand, had minor increases of approximately 3.5 and 0.11 percent in February 2019 and May 2020, respectively.

Monthly Report on Softwood Lumber Prices and Consumption Softwood Lumber Agreement (SLA) 2006

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Cut Stock and Dimension (WPU08120311) from Jun 1984 to Feb 2025 about floor coverings, stocks, wood, commodities, PPI, inflation, price index, indexes, price, and USA.

This table contains 30 series, with data for years 1961 - 2001 (not all combinations necessarily have data for all years), and was last released on 2001-10-29. This table contains data described by the following dimensions (Not all combinations are available): Geography (8 items: Atlantic Region; Ontario; Quebec; Prairie Region ...), Commodities (9 items: Lumber; softwood; Lumber; softwood; Douglas fir; Lumber; softwood; spruce-pine-fir; Lumber; softwood; hemlock ...).

Mexico Producer Price Index: Incl Service: SE: Mfg: Manufacture of Wood data was reported at 148.014 Dec2003=100 in Jun 2012. This records an increase from the previous number of 147.614 Dec2003=100 for May 2012. Mexico Producer Price Index: Incl Service: SE: Mfg: Manufacture of Wood data is updated monthly, averaging 54.254 Dec2003=100 from Jan 1981 (Median) to Jun 2012, with 378 observations. The data reached an all-time high of 148.014 Dec2003=100 in Jun 2012 and a record low of 0.271 Dec2003=100 in Jan 1981. Mexico Producer Price Index: Incl Service: SE: Mfg: Manufacture of Wood data remains active status in CEIC and is reported by National Institute of Statistics and Geography. The data is categorized under Global Database’s Mexico – Table MX.I021: Producer Price Index: 2003=100.

Statistics illustrates monthly prices of laminated veneered lumber (lvl); with at least one outer ply of non-coniferous wood in Latvia from January 2019 to January 2025.

PPI: Lumber & Wood: OW: Wood Containers: Wood Boxes data was reported at 110.600 2010=100 in Dec 2016. This stayed constant from the previous number of 110.600 2010=100 for Nov 2016. PPI: Lumber & Wood: OW: Wood Containers: Wood Boxes data is updated monthly, averaging 101.600 2010=100 from Jan 1980 (Median) to Dec 2016, with 444 observations. The data reached an all-time high of 111.600 2010=100 in Aug 2015 and a record low of 94.600 2010=100 in Mar 1989. PPI: Lumber & Wood: OW: Wood Containers: Wood Boxes data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I079: Producer Price Index: 2010=100: Lumber and Wood Products.

Industrial product price index (IPPI), by product by North American Product Classification System (NAPCS) 2017 Version 2.0. Monthly data are available from January 1956. The table presents data for the most recent reference period and the last four periods. The base period for the index is (202001=100).

Statistics illustrates monthly prices of tools of wood in Paraguay from January 2019 to February 2025.

Canada IPPI: NAPCS: Lumber & Other Wood Products (LP) data was reported at 136.700 Jan2020=100 in Jan 2025. This records a decrease from the previous number of 136.800 Jan2020=100 for Dec 2024. Canada IPPI: NAPCS: Lumber & Other Wood Products (LP) data is updated monthly, averaging 88.100 Jan2020=100 from Jan 1981 (Median) to Jan 2025, with 529 observations. The data reached an all-time high of 230.500 Jan2020=100 in May 2021 and a record low of 48.200 Jan2020=100 in Nov 1981. Canada IPPI: NAPCS: Lumber & Other Wood Products (LP) data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I010: Industrial Product Price Index: NAPCS 2017: Jan2020=100.

Japan PPI: Lumber & Wood: OW: Other Wood Products (TW) data was reported at 119.300 2010=100 in Dec 2016. This records an increase from the previous number of 119.200 2010=100 for Nov 2016. Japan PPI: Lumber & Wood: OW: Other Wood Products (TW) data is updated monthly, averaging 112.350 2010=100 from Jan 2010 (Median) to Dec 2016, with 84 observations. The data reached an all-time high of 127.300 2010=100 in Jun 2014 and a record low of 95.300 2010=100 in Jun 2012. Japan PPI: Lumber & Wood: OW: Other Wood Products (TW) data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I079: Producer Price Index: 2010=100: Lumber and Wood Products.

Statistics illustrates monthly prices of engineered wood member (except truss) in the United States from January 2019 to January 2025.