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.

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.

Portugal PT: PPI: Mfg: Wood & Wood Product (WW) data was reported at 124.300 2021=100 in Jan 2025. This records an increase from the previous number of 122.500 2021=100 for Dec 2024. Portugal PT: PPI: Mfg: Wood & Wood Product (WW) data is updated monthly, averaging 87.400 2021=100 from Jan 2005 (Median) to Jan 2025, with 241 observations. The data reached an all-time high of 129.900 2021=100 in Feb 2023 and a record low of 79.600 2021=100 in Jan 2006. Portugal PT: PPI: Mfg: Wood & Wood Product (WW) data remains active status in CEIC and is reported by Eurostat. The data is categorized under Global Database’s Portugal – Table PT.Eurostat: Producer Price Index: 2021=100.

Japan 5 PT: Sales (Prcs) Price: MoM, SA: Wood & Wood Prod data was reported at -10.500 % in Dec 2024. This records a decrease from the previous number of -4.500 % for Sep 2024. Japan 5 PT: Sales (Prcs) Price: MoM, SA: Wood & Wood Prod data is updated quarterly, averaging -3.100 % from Sep 2018 (Median) to Dec 2024, with 26 observations. The data reached an all-time high of 30.300 % in Jun 2021 and a record low of -23.000 % in Sep 2023. Japan 5 PT: Sales (Prcs) Price: MoM, SA: Wood & Wood Prod data remains active status in CEIC and is reported by The Small and Medium Enterprise Agency. The data is categorized under Global Database’s Japan – Table JP.S089: SME Business Survey Report: Manufacturing Industry.