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 Import Price Index: IS: SB: LO: Lumber & Wood data was reported at 250.200 2000=100 in Nov 2021. This records an increase from the previous number of 239.200 2000=100 for Oct 2021. United States Import Price Index: IS: SB: LO: Lumber & Wood data is updated monthly, averaging 112.900 2000=100 from Dec 1980 (Median) to Nov 2021, with 388 observations. The data reached an all-time high of 584.100 2000=100 in Jun 2021 and a record low of 50.800 2000=100 in Mar 1982. United States Import Price Index: IS: SB: LO: Lumber & Wood 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.JA234: Import Price Index: by End Use: 2000=100.

Japan PPI: LU: LWP: Timber: Sawn Timber data was reported at 128.200 2020=100 in Mar 2025. This stayed constant from the previous number of 128.200 2020=100 for Feb 2025. Japan PPI: LU: LWP: Timber: Sawn Timber data is updated monthly, averaging 101.600 2020=100 from Jan 2010 (Median) to Mar 2025, with 183 observations. The data reached an all-time high of 203.100 2020=100 in Nov 2021 and a record low of 82.300 2020=100 in Oct 2012. Japan PPI: LU: LWP: Timber: Sawn Timber data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I045: Producer Price Index: 2020=100: Lumber & Wood Products.

The statistic shows the import value of sawn, chipped, sliced, or peeled wood exceeding 6mm (HS Code 4407) into Russia from January 2021 to November 2023. According to data provided by Abrams.Wiki, in November 2023, Russia imported wood products valued at approximately *** thousand U.S. dollars.

Brazil Exports: Price: YoY: Daily Average: Transformation Industry: Wood Manufactures data was reported at -2.574 % in 30 Apr 2025. This records a decrease from the previous number of -1.106 % for 27 Apr 2025. Brazil Exports: Price: YoY: Daily Average: Transformation Industry: Wood Manufactures data is updated daily, averaging 4.410 % from Apr 2020 (Median) to 30 Apr 2025, with 244 observations. The data reached an all-time high of 44.452 % in 30 Nov 2021 and a record low of -25.469 % in 13 Nov 2022. Brazil Exports: Price: YoY: Daily Average: Transformation Industry: Wood Manufactures data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAA007: Exports: Economic Activity: Product: Price: Year-on-Year.

China PPI: Mfg: Wood Processing, Wood, Bamboo, Rattan, Palm & Grass Product: Artificial Boards Production data was reported at 96.900 Prev Year=100 in Feb 2025. This records a decrease from the previous number of 97.200 Prev Year=100 for Jan 2025. China PPI: Mfg: Wood Processing, Wood, Bamboo, Rattan, Palm & Grass Product: Artificial Boards Production data is updated monthly, averaging 100.500 Prev Year=100 from Jan 2014 (Median) to Feb 2025, with 134 observations. The data reached an all-time high of 105.100 Prev Year=100 in Nov 2021 and a record low of 96.900 Prev Year=100 in Feb 2025. China PPI: Mfg: Wood Processing, Wood, Bamboo, Rattan, Palm & Grass Product: Artificial Boards Production data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IE: Producer Price Index: Same Month PY=100.

According to Cognitive Market Research, the global MDF Board market size was USD 41251.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 16500.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 12375.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 9487.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2062.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 825.02 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
The Standard MDF held the highest MDF Board market revenue share in 2024.

Market Dynamics of MDF Board Market

Key Drivers for MDF Board Market

Growing demand for furniture in the residential sector to propel market growth

The foundation of the mass-manufacturing furniture market and the material of choice for ready-made furniture manufacturers is medium-density fiberboard or MDF. The need for MDF in furniture applications is being driven by the growing daily demand for branded, ready-made, and low-maintenance furniture. Worldwide residential development has been fueled by a number of factors, including population growth, the trend of nuclear families moving from their hometowns to service industry clusters, and the popularity of these homes. In addition, the application of MDF in the residential construction segment internationally has been driven by the declining land-to-population ratio and the expanding trend of creating townships and high-rise residential buildings. Reconstituted wood is used to make medium-density fiberboard (MDF), a type of panel product. It is created by converting leftover hardwood or softwood into wood fibers, typically using a defibrillator, combining it with a resin binder and wax, and then using high pressure and temperature to produce panels. The US Census Bureau estimates that in November 2021, sales of furniture and home furnishings stores in the US would total roughly USD 13.31 billion, representing an increase over the previous month's sales of USD 12.44 billion.

Rising adoption of provisioning wood flooring to propel market growth

The need for housing and public infrastructure has increased due to population growth in nations like Brazil, India, China, and the United States. This is anticipated to have a positive impact on the market soon. The desire for products that improve people's lives will rise as their purchasing power increases living places' beauty. The market for wood flooring has recovered as building smart homes and beautifully designed interiors become more and more important. However, for wood flooring to effortlessly hold its weight, the subsurface must be firm, even, and smooth. Compared to other wood subsurfaces like particleboard and plywood, MDF offers a considerably better weight and impact distribution since it is a clean structure free of knots and rings. Additionally, the subsurface needs to be reasonably priced, which is the main factor that sets this product apart from its rivals.

Restraint Factor for the MDF Board Market

Limiting formaldehyde emissions to reduce usage

Formaldehyde is a component ingredient of adhesives and resins used in the manufacturing of MDF. Because formaldehyde exposure has been associated with the development of cancer in humans, the formaldehyde emissions from these goods have led to a number of restrictions prohibiting the use of fiberboard that contains a high level of formaldehyde. The ANSI A208.2 regulation, for example, harmonizes the formaldehyde emission limitations from fiberboards. Moreover, the U.S. The California Air Resources Board and the Environmental Protection Agency have developed restrictions capping formaldehyde emissions in MDF panels at 0.11...

Croatia HR: PPI: Foreign: Mfg: Wood & Wood Product data was reported at 110.700 2021=100 in Mar 2025. This records an increase from the previous number of 110.300 2021=100 for Feb 2025. Croatia HR: PPI: Foreign: Mfg: Wood & Wood Product data is updated monthly, averaging 93.700 2021=100 from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 118.000 2021=100 in Nov 2022 and a record low of 69.200 2021=100 in Nov 2000. Croatia HR: PPI: Foreign: Mfg: Wood & Wood Product data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Croatia – Table HR.Eurostat: Producer Price Index: 2021=100: Foreign.

South Korea ImPI: Won: MI: WP: Rectangular Lumber data was reported at 105.400 2015=100 in Dec 2021. This records an increase from the previous number of 105.030 2015=100 for Nov 2021. South Korea ImPI: Won: MI: WP: Rectangular Lumber data is updated monthly, averaging 75.445 2015=100 from Jan 1985 to Dec 2021, with 444 observations. The data reached an all-time high of 162.510 2015=100 in Jan 1998 and a record low of 21.270 2015=100 in Jul 1985. South Korea ImPI: Won: MI: WP: Rectangular Lumber data remains active status in CEIC and is reported by The Bank of Korea. The data is categorized under Global Database’s South Korea – Table KR.I069: Import Price Index (Won Basis): 2015=100.

Philippines Exports: FP: Lumber data was reported at 12.932 USD mn in Dec 2023. This records a decrease from the previous number of 13.316 USD mn for Nov 2023. Philippines Exports: FP: Lumber data is updated monthly, averaging 17.715 USD mn from Jan 2021 (Median) to Dec 2023, with 36 observations. The data reached an all-time high of 26.601 USD mn in Nov 2021 and a record low of 12.096 USD mn in Apr 2023. Philippines Exports: FP: Lumber data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.JA012: Trade Statistics: Exports: by Commodity Group: 2019 PSCC: Value.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Plywood was 271.02800 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: Plywood reached a record high of 471.30000 in June of 2021 and a record low of 42.00000 in November of 1966. 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: Plywood - last updated from the United States Federal Reserve on November of 2025.

Romania RO: PPI: Mfg: WW: CS: Veneer Sheets & Wood Based Panels data was reported at 124.000 2021=100 in Nov 2023. This records a decrease from the previous number of 124.100 2021=100 for Oct 2023. Romania RO: PPI: Mfg: WW: CS: Veneer Sheets & Wood Based Panels data is updated monthly, averaging 78.500 2021=100 from Jan 2010 (Median) to Nov 2023, with 167 observations. The data reached an all-time high of 141.400 2021=100 in Aug 2022 and a record low of 65.600 2021=100 in Mar 2010. Romania RO: PPI: Mfg: WW: CS: Veneer Sheets & Wood Based Panels data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Romania – Table RO.Eurostat: Producer Price Index: 2021=100.

Sweden HMPI: Mfg: WP: Wood, Sawn & Planed: Planed data was reported at 192.600 2015=100 in Dec 2021. This records a decrease from the previous number of 194.800 2015=100 for Nov 2021. Sweden HMPI: Mfg: WP: Wood, Sawn & Planed: Planed data is updated monthly, averaging 116.050 2015=100 from Jan 2019 (Median) to Dec 2021, with 36 observations. The data reached an all-time high of 220.000 2015=100 in Sep 2021 and a record low of 107.500 2015=100 in Jan 2020. Sweden HMPI: Mfg: WP: Wood, Sawn & Planed: Planed data remains active status in CEIC and is reported by Statistics Sweden. The data is categorized under Global Database’s Sweden – Table SE.I023: Producer Price Index: Home Sales: SPIN 2015: 2015=100.

Lithuania LT: PPI: Domestic: Mfg: Wood & Wood Product (WW) data was reported at 123.600 2021=100 in Feb 2025. This records an increase from the previous number of 119.900 2021=100 for Jan 2025. Lithuania LT: PPI: Domestic: Mfg: Wood & Wood Product (WW) data is updated monthly, averaging 98.200 2021=100 from Jan 1998 (Median) to Feb 2025, with 326 observations. The data reached an all-time high of 138.500 2021=100 in Nov 2022 and a record low of 77.500 2021=100 in Nov 2001. Lithuania LT: PPI: Domestic: Mfg: Wood & Wood Product (WW) data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Lithuania – Table LT.Eurostat: Producer Price Index: 2021=100: Domestic.

Average Consumer Prices: Industrial Workers: Varanasi: Fire Wood data was reported at 140.000 INR/40 kg in Jun 2023. This stayed constant from the previous number of 140.000 INR/40 kg for May 2023. Average Consumer Prices: Industrial Workers: Varanasi: Fire Wood data is updated monthly, averaging 400.000 INR/40 kg from Jan 2006 (Median) to Jun 2023, with 210 observations. The data reached an all-time high of 560.000 INR/40 kg in Jul 2021 and a record low of 139.370 INR/40 kg in Nov 2021. Average Consumer Prices: Industrial Workers: Varanasi: Fire Wood data remains active status in CEIC and is reported by Labour Bureau. The data is categorized under India Premium Database’s Price – Table IN.PD080: Average Consumer Price: Industrial Workers: Uttar Pradesh: Varanasi.

Average Consumer Prices: Industrial Workers: Sholapur: Fire Wood data was reported at 120.000 INR/40 kg in Jun 2023. This stayed constant from the previous number of 120.000 INR/40 kg for May 2023. Average Consumer Prices: Industrial Workers: Sholapur: Fire Wood data is updated monthly, averaging 280.000 INR/40 kg from Jan 2006 (Median) to Jun 2023, with 210 observations. The data reached an all-time high of 562.000 INR/40 kg in Aug 2020 and a record low of 100.000 INR/40 kg in Nov 2021. Average Consumer Prices: Industrial Workers: Sholapur: Fire Wood data remains active status in CEIC and is reported by Labour Bureau. The data is categorized under India Premium Database’s Price – Table IN.PD050: Average Consumer Price: Industrial Workers: Maharashtra: Solapur.