Lumber fell to 599.02 USD/1000 board feet on July 11, 2025, down 1.89% from the previous day. Over the past month, Lumber's price has fallen 2.99%, but it is still 37.54% higher than a year ago, 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 July 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.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Cut Stock and Dimension (WPU081203) from Dec 1980 to May 2025 about floor coverings, stocks, wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Explore how lumber prices at Home Depot vary based on wood type, dimensions, and region. Learn about dimensional and pressure-treated lumber, bulk purchasing options, and using Home Depot's online tools for accurate budgeting and real-time pricing checks.

United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Cut Stock and Dimension was 382.87700 Index 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Cut Stock and Dimension reached a record high of 382.87700 in May of 2025 and a record low of 94.80000 in December of 1980. 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: Hardwood Cut Stock and Dimension - last updated from the United States Federal Reserve on July of 2025.

Softwood Lumber Market Outlook

The global softwood lumber market size was valued at approximately $330 billion in 2023 and is projected to reach around $470 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.0% over the forecast period. The market's growth is primarily driven by the increasing demand for sustainable building materials, coupled with rapid urbanization and industrialization across various regions. As construction activities soar globally, especially in emerging economies, the demand for softwood lumber products is anticipated to rise significantly. Regulatory push towards greener building practices and the intrinsic properties of softwood, such as its strength-to-weight ratio and versatility, further fuel its adoption across industries.

One of the primary growth factors propelling the softwood lumber market is the expanding construction industry, which remains one of the largest consumers of lumber products. The need for residential, commercial, and industrial infrastructures has seen a steep rise in recent years, largely driven by population growth and urban migration. In particular, the demand for residential construction has surged due to increasing housing needs, which in turn fuels the demand for dimensional lumber and studs. Furthermore, the trend towards wooden architecture and sustainable building solutions has encouraged the use of softwood lumber, thanks to its renewability and lower environmental impact compared to alternative materials such as steel and concrete.

The furniture industry is another significant contributor to the growth of the softwood lumber market. As consumer preferences tilt towards eco-friendly and aesthetically appealing furniture designs, manufacturers are increasingly opting for softwood lumber due to its workability and attractive finishes. Innovations in wood treatment and processing have enhanced the durability and aesthetic appeal of softwood furniture, making it a popular choice for both residential and commercial applications. Additionally, the growth of e-commerce platforms has facilitated the reach of softwood lumber products to a larger consumer base, further driving market growth. An increase in disposable income and a growing middle-class population in developing countries are also playing a pivotal role in boosting the demand for softwood lumber in the furniture sector.

Environmental policies and sustainable forestry practices are also shaping the trajectory of the softwood lumber market. There is a growing emphasis on sourcing lumber from certified sustainable forests, which helps in preserving biodiversity and reducing carbon footprints. This has resulted in increased collaboration between governments, NGOs, and industry players to promote responsible forestry practices. Moreover, the development of engineered wood products and alternative lumber technologies is opening up new avenues for market growth, providing high-performance materials with enhanced properties for diverse applications. These innovations cater to the demand for durable, lightweight, and sustainable building materials, ensuring that the softwood lumber market continues to expand and evolve.

Product Type Analysis

The product type segment of the softwood lumber market comprises dimensional lumber, studs, boards, and others, each catering to distinct applications and demands within the market. Dimensional lumber is one of the most prominent categories, primarily utilized in construction due to its standardized sizing and ease of use. This type of lumber is preferred for framing in residential and commercial buildings because of its structural integrity and cost-effectiveness. Its popularity is further bolstered by advancements in wood processing technologies that enhance its performance, making it suitable for a wide range of construction needs. Dimensional lumber's demand is expected to grow steadily as global construction activities continue to expand.

Studs, another critical category within the product type segment, are essential components in building frameworks. Used extensively in wall partitions and load-bearing structures, studs provide the necessary support and stability required in both residential and commercial constructions. With an increasing focus on sustainable and energy-efficient buildings, the demand for precision-engineered studs is escalating. Manufacturers are responding by offering products that meet rigorous quality standards and environmental certifications, ensuring that they align with the latest building codes and regulations. As the construction industry becomes more sophisticated, the role of studs in ensuring structur

United States - Producer Price Index by Industry: Prefabricated Wood Building Manufacturing: Prefabricated Stationary Wood Buildings, Three-Dimensional Assemblies, Nonresidential was 481.30700 Index Dec 1984=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Prefabricated Wood Building Manufacturing: Prefabricated Stationary Wood Buildings, Three-Dimensional Assemblies, Nonresidential reached a record high of 506.88400 in August of 2022 and a record low of 100.00000 in March of 1985. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Prefabricated Wood Building Manufacturing: Prefabricated Stationary Wood Buildings, Three-Dimensional Assemblies, Nonresidential - last updated from the United States Federal Reserve on June of 2025.

The global lumber mill market is a significant industry, experiencing consistent growth driven by the robust demand from the construction and housing sectors. While precise market size figures were not provided, based on typical industry growth rates and considering major players like West Fraser, Weyerhaeuser, and Stora Enso, a reasonable estimation for the 2025 market size would be in the range of $150-200 billion USD. This substantial market value reflects the essential role lumber plays in various applications, from residential construction (single-family homes, multi-family dwellings, and renovations) to commercial projects (offices, retail spaces, and industrial buildings). A compound annual growth rate (CAGR) in the range of 3-5% from 2025-2033 is plausible, driven by factors such as increasing global population, urbanization, and infrastructure development. However, potential restraints such as fluctuating timber prices, environmental regulations regarding sustainable forestry practices, and economic downturns could influence this growth trajectory. Market segmentation likely includes softwood and hardwood lumber, along with further divisions based on product type (e.g., dimensional lumber, plywood, engineered wood products) and geographic region. The competitive landscape is marked by a mix of large multinational corporations and regional players. Key players continuously strive for market share through strategic acquisitions, investments in advanced technologies (such as automation and precision sawing), and efforts to enhance sustainability in their operations. Future market growth will depend heavily on factors like global economic stability, construction activity levels, governmental policies promoting sustainable forestry, and the innovation of new lumber products that meet evolving market needs and address environmental concerns. The industry is expected to see increasing adoption of precision manufacturing technologies and more stringent environmental certifications, creating opportunities for companies that prioritize efficiency and sustainability. Furthermore, a growing focus on sustainable sourcing and reducing the carbon footprint of lumber production will likely reshape the market landscape in the coming years.

United States PPI: Weights: LW: Lumber: Hardwood: Cut Stock & Dimension data was reported at 0.026 % in 2024. This records an increase from the previous number of 0.024 % for 2023. United States PPI: Weights: LW: Lumber: Hardwood: Cut Stock & Dimension data is updated yearly, averaging 0.030 % from Dec 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 0.035 % in 2021 and a record low of 0.022 % in 2012. United States PPI: Weights: LW: Lumber: Hardwood: Cut Stock & Dimension 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.I: Producer Price Index: by Commodities: Weights.

United States PPI: LW: Lumber: Hardwood: Dimension data was reported at 260.600 1982=100 in Sep 2018. This records a decrease from the previous number of 262.900 1982=100 for Aug 2018. United States PPI: LW: Lumber: Hardwood: Dimension data is updated monthly, averaging 183.250 1982=100 from Dec 1980 (Median) to Sep 2018, with 454 observations. The data reached an all-time high of 289.400 1982=100 in Jul 2014 and a record low of 94.800 1982=100 in Dec 1980. United States PPI: LW: Lumber: Hardwood: Dimension data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s USA – Table US.I017: Producer Price Index: By Commodities.

United States - Producer Price Index by Industry: Sawmills: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked was 154.05700 Index Jun 2012=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Sawmills: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked reached a record high of 268.20000 in June of 2021 and a record low of 88.20000 in September of 2012. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Sawmills: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked - last updated from the United States Federal Reserve on June of 2025.

Structural Composite Lumber Market Outlook

According to our latest research, the global structural composite lumber market size reached USD 3.2 billion in 2024, reflecting robust demand across the construction and manufacturing sectors. The market is advancing at a CAGR of 6.8% from 2025 to 2033, driven primarily by sustainable building practices and the need for engineered wood solutions. By the end of 2033, the market is forecasted to achieve a value of USD 6.17 billion, underscoring the growing preference for structural composite lumber in both residential and commercial applications. This growth trajectory is a direct result of increasing urbanization, the shift towards green construction materials, and the rising adoption of advanced manufacturing technologies.

One of the primary growth drivers for the structural composite lumber market is the rapid expansion of the global construction industry. With urban populations swelling and infrastructural development accelerating, there is a surging demand for reliable, cost-effective, and sustainable building materials. Structural composite lumber (SCL), including products such as laminated veneer lumber (LVL), parallel strand lumber (PSL), and laminated strand lumber (LSL), offers superior strength, dimensional stability, and design flexibility compared to conventional solid wood. These attributes make SCL highly attractive for architects and builders aiming to meet modern construction standards, particularly in seismic and high-load environments. Moreover, the increasing prevalence of prefabricated and modular construction methods has further fueled the adoption of SCL, as these products can be manufactured to precise specifications, ensuring consistency and reducing onsite waste.

Another significant factor propelling market growth is the ongoing emphasis on sustainability and environmental stewardship within the construction sector. Structural composite lumber is often manufactured from fast-growing, plantation-sourced trees and utilizes nearly the entire log, resulting in minimal waste compared to traditional lumber production. This efficient resource utilization aligns with global efforts to lower carbon footprints and achieve green building certifications such as LEED and BREEAM. Additionally, advancements in adhesive technologies and manufacturing processes have enhanced the performance and durability of SCL products, further cementing their role as a preferred alternative to steel and concrete in various structural applications. As governments and regulatory bodies implement stricter environmental standards, the demand for eco-friendly materials like SCL is expected to intensify.

Technological innovation and product diversification are also key contributors to the structural composite lumber market's ongoing expansion. Manufacturers are increasingly investing in research and development to create new SCL variants with enhanced properties, such as greater load-bearing capacity, improved fire resistance, and superior resistance to moisture and pests. The integration of digital design tools and automation in production processes allows for the customization of SCL products to meet specific project requirements, broadening their application scope. Furthermore, the growing awareness of the long-term cost savings associated with SCL, including reduced maintenance and lifecycle costs, is prompting both public and private sector stakeholders to increase their usage of these materials in infrastructure and commercial projects.

From a regional perspective, the Asia Pacific region is anticipated to dominate the structural composite lumber market throughout the forecast period, supported by rapid urbanization, substantial infrastructure investments, and favorable government policies promoting sustainable construction. North America and Europe also represent significant markets, driven by established construction industries, strong regulatory frameworks, and a mature consumer base attuned to the benefits of engineered wood products. Meanwhile, emerging markets in Latin America and the Middle East & Africa are gradually increasing their adoption of SCL, although growth rates in these regions are somewhat tempered by lower awareness and limited access to advanced manufacturing technologies. Nevertheless, as global supply chains strengthen and knowledge transfer accelerates, these regions are expected to play an increasingly important role in the market's long-term development.

The Engineered Wood I-joist market, valued at $1,526 million in 2025, exhibits a steady 5% CAGR, projecting robust growth to approximately $2,100 million by 2033. This growth is fueled by several key drivers. Increased construction activity in residential and commercial sectors, particularly in North America and Asia Pacific, significantly boosts demand. The inherent advantages of I-joists – superior strength-to-weight ratio, dimensional stability, and ease of installation – make them a preferred choice over traditional lumber, driving market expansion. Furthermore, sustainable building practices are gaining traction, with engineered wood products like I-joists aligning well with environmentally conscious construction methodologies. While fluctuating lumber prices and potential supply chain disruptions pose challenges, the overall market outlook remains positive due to ongoing infrastructure development and the increasing adoption of advanced building techniques globally. The segment breakdown reveals strong demand across various applications, including floor and roof framing and studwork walls, with Solid Sawn and LVL types catering to diverse project needs. Major players like Boise Cascade, Weyerhaeuser, and Roseburg are key contributors to market share, constantly innovating to improve product quality and expand their market reach. The competitive landscape is marked by both established industry giants and regional players. The North American market currently holds a significant share, driven by robust construction activities and a well-established supply chain. However, emerging economies in Asia Pacific are exhibiting rapid growth potential, fueled by urbanization and infrastructure development initiatives. The European market, while mature, continues to see steady growth driven by refurbishment projects and sustainable building regulations. Future market penetration hinges on effectively addressing challenges such as raw material price volatility and ensuring the sustainability and responsible sourcing of timber resources. Technological advancements in manufacturing processes, coupled with strategic partnerships and acquisitions, will likely shape the market's future trajectory. The long-term forecast indicates continued expansion, driven by the intrinsic benefits of I-joists and the growing preference for efficient and sustainable building materials.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Softwood Dressed Lumber, Less Than 2 Inches in Nominal Thickness, Not Edge Worked (WPU081106012) from Jun 2012 to May 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

United States PPI: Weights: LW: Lumber: Softwood: Cut Stock & Dimension data was reported at 0.013 % in 2024. This stayed constant from the previous number of 0.013 % for 2023. United States PPI: Weights: LW: Lumber: Softwood: Cut Stock & Dimension data is updated yearly, averaging 0.013 % from Dec 2007 (Median) to 2024, with 18 observations. The data reached an all-time high of 0.023 % in 2009 and a record low of 0.010 % in 2012. United States PPI: Weights: LW: Lumber: Softwood: Cut Stock & Dimension 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.I068: Producer Price Index: by Commodities: Weights.

Global Glued Laminated Timber market size was USD 6.49 Billion in 2022. Glued Laminated Timber Industry's Compound Annual Growth Rate will be 5.30% from 2023 to 2030. What is driving the Glued Laminated Timber Market?

Rise in the number of residential and commercial construction projects

The rise in the number of residential and commercial projects is a major driving factor contributing to the growth of the glued laminated timber (Glulam) market. Builders refer collectively to all types of laminated beams or other laminated structural wood materials such as glued laminated timber. Glulams are versatile construction materials used widely in commercial and residential projects. Glulam is gaining huge attention for being used in applications such as vaulted ceilings and designs with large open premises. Four appearance grades such as framing, industrial, architectural, and premium glulam are used when professionals looking into a combination of structural and aesthetic attributes. This includes a range of architectural applications, including education facilities, churches, offices, and homes. For example, China, the US, and India drive construction industry growth. Glued laminated wood is a highly innovative building material. It is stronger than steel and has greater strength and rigidity than wood. Increased design value, improved product performance, and cost competitiveness make laminated timber the perfect choice for projects ranging from simple beams and headers in residential construction to high arches in dome roofs. Glulam components are manufactured off-site in controlled factory conditions, ensuring high precision and quality. This prefabrication process allows for faster and more efficient construction on-site, reducing project timelines and costs. The dimensional stability of glued laminated timber also minimizes shrinkage and warping issues, leading to better construction accuracy. Additionally, its natural wood appearance and warm aesthetic appeal contribute to its popularity in architectural design. Glued laminated timber is increasingly used as a safe load-bearing material in residential and commercial construction. Manufacturers develop project-specific product solutions to meet the complex requirements of modern timber construction architecture. For example, the construction projects developed in the U.S. in 2021 are valued at nearly USD 1.6 trillion. In 2021, 1,337,800 housing units were built, which constitutes an increase of 4% compared to 2020. All these factors contribute to the growth of the glued laminated timber (Glulam) market.

The rising trend toward using sustainable building material (Access Detailed Analysis in the Full Report Version)


Rising demand for timber (Access Detailed Analysis in the Full Report Version)

Introduction of Glued Laminated Timber

Glued laminated timber is commonly known as glulam. It is a type of structurally engineered wood product commonly used for beams and columns in residential and commercial applications. It typically consists of several parallel layers of small pieces of lumber stacked and it is glued together under a certain pressure to make a large timber structure. It is also widely used for structural components such as arches of mid to high-rise buildings and affixed side-by-side to form panels. Along with this, it serves as the primary material for major load-bearing structures such as bridges, canopies, and pavilions. Glued laminated timber offers several benefits including durability, cost-effectiveness, and high versatility. These are also resource-efficient since they replace huge, old-growth timber with relatively small pieces of timber to produce a wooden part. Another benefit of glulam is product availability and variety in size and shape. In addition to this, one of the design advantages of Glulam is the ease of bending into the desired curve shape and into long lengths. Commercially available glue-laminated wood comes in lengths of 30 meters and cross sections ranging from 45 mm x 45 mm to 250 mm x 1800 mm. Nowadays, consumer preference is increasing for wood-based construction owing to its extensive benefits and advantages. Glulam is considered a sustainable building material because it is made from renewable resources wood. Sustainable building materials are becoming more important as worries about climate change and environmental effects increase. T...

The global naturally rot-resistant wood market is experiencing robust growth, projected to reach $218.1 million in 2025 and exhibiting a Compound Annual Growth Rate (CAGR) of 7.7% from 2025 to 2033. This expansion is driven by several key factors. The increasing demand for sustainable and eco-friendly building materials is a primary driver, as naturally rot-resistant wood offers a renewable alternative to treated lumber and other synthetic options. Furthermore, the rising construction activity globally, particularly in commercial and civil building sectors, fuels market growth. The inherent durability and longevity of naturally rot-resistant wood, reducing maintenance costs and extending the lifespan of structures, also contribute to its increasing appeal. Specific wood types known for their natural resistance, such as cedar, redwood, and certain tropical hardwoods, are key components of this market. The market segmentation reveals strong demand across various applications, with commercial and civil buildings representing significant portions of the market share. This indicates the material's suitability for a wide range of construction projects. However, challenges remain. The cost of naturally rot-resistant wood can be higher than that of conventionally treated lumber, potentially limiting adoption in cost-sensitive projects. Moreover, the availability of certain species of naturally rot-resistant wood can be geographically constrained, affecting supply and potentially driving up prices in specific regions. Nevertheless, ongoing research and development efforts focused on enhancing the durability of readily available wood species and exploring alternative sustainable treatment methods are expected to mitigate some of these challenges and further boost market growth in the coming years. The emergence of innovative processing techniques that improve the stability and dimensional properties of this wood will play a crucial role in overcoming these constraints and driving wider adoption. The geographical distribution showcases a diverse market landscape, with North America and Europe anticipated to hold significant shares initially, while Asia-Pacific is poised for strong future growth due to increasing construction activities and infrastructure development in the region.

Explore the factors affecting sapele wood pricing, from sourcing and quality to dimensions and market conditions, with costs averaging $10-$25 per board foot.

Explore the factors influencing Burmese teak wood pricing, including grade, dimensions, market dynamics, and trade regulations, with prices ranging from $25 to $80 per board foot in 2023.

Laminated Strand Lumber (LSL) Market Outlook

The global Laminated Strand Lumber (LSL) market size is anticipated to grow from USD 1.4 billion in 2023 to USD 2.8 billion by 2032, registering a compound annual growth rate (CAGR) of 7.2% during the forecast period. The market's robust growth is driven by increasing demand for sustainable and high-performance building materials, coupled with advancements in construction technologies.

The growth of the LSL market is significantly influenced by the rising trend towards sustainable construction practices. As environmental concerns become more pronounced, there is an increasing shift towards eco-friendly construction materials. LSL, being manufactured from small-diameter, fast-growing trees, aligns well with these sustainability goals. Its use reduces pressure on old-growth forests and provides an efficient use of wood resources, thereby gaining favor among ecologically conscious builders and developers.

Technological advancements in the construction sector have also played a pivotal role in propelling the LSL market forward. Innovations in engineered wood products have led to improved performance characteristics such as enhanced strength, durability, and resistance to warping and shrinking. These advancements make LSL a versatile and reliable material for various structural applications, thereby driving its adoption in both residential and commercial construction projects.

Additionally, the cost-effectiveness of LSL as a building material is a major growth driver. Compared to traditional lumber, LSL offers superior dimensional stability and strength at a competitive price point. This makes it an attractive option for builders and contractors looking to optimize construction costs without compromising on quality. Furthermore, the pre-fabrication possibilities with LSL help in reducing on-site labor costs and construction time, adding to its economic advantages.

From a regional perspective, North America holds a substantial share of the LSL market, driven by the high demand for sustainable building materials and the strong construction industry in the United States and Canada. The Asia Pacific region is expected to witness the fastest growth during the forecast period, supported by rapid urbanization, increasing infrastructure investments, and rising awareness about sustainable construction practices. Europe follows closely, with a steady demand driven by stringent environmental regulations and a growing emphasis on green building standards.

Product Type Analysis

In the Laminated Strand Lumber market, the product type segment is bifurcated into Structural LSL and Non-Structural LSL. Structural LSL is predominantly used in load-bearing applications, such as beams, headers, and columns, due to its superior strength and rigidity. Its ability to withstand significant loads makes it a preferred choice in both residential and commercial construction projects where structural integrity is paramount. The rising demand for high-performance building materials in the construction industry is a key factor driving the growth of the structural LSL segment.

Non-Structural LSL, on the other hand, is used in applications where the material does not have to bear heavy loads. This includes uses in furniture, cabinetry, and interior partitions. The versatility and cost-effectiveness of non-structural LSL make it an attractive option for various non-load-bearing applications. The growing emphasis on aesthetic appeal and interior design in residential and commercial buildings is bolstering the demand for non-structural LSL, contributing to the overall growth of the LSL market.

The structural LSL segment is expected to dominate the market throughout the forecast period, owing to its critical role in ensuring structural stability in construction projects. Technological advancements in the production of structural LSL, aimed at enhancing its performance characteristics, are further expected to boost the segment's growth. Additionally, the increasing trend towards multi-story wood construction in urban areas is likely to drive the demand for structural LSL, as it offers a reliable and sustainable alternative to traditional building materials.

Non-structural LSL, while smaller in market size compared to its structural counterpart, is anticipated to witness a steady growth rate. The burgeoning furniture and interior design industries, coupled with rising disposable incomes and changing lifestyle preferences, are likely to fuel the demand for non-structural L