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 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.

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.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Other Wood Products (WPU084) from Dec 1966 to Sep 2025 about 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 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.

Explore the recent significant reduction in lumber prices, its causes, and its impact on sectors like construction and home renovation, highlighting the market's shift from pandemic highs and resulting economic benefits.

View monthly updates and historical trends for Timber Price Index . Source: World Bank. Track economic data with YCharts analytics.

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The lumber pallet market share is expected to increase by 1561.97 million units from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.03%.

This lumber pallet market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers lumber pallet market segmentation by end-user (food and beverage, chemicals and pharmaceuticals, retail, construction, and others) and geography (APAC, North America, Europe, the Middle East and Africa, and South America). The lumber pallet market report also offers information on several market vendors, including Brambles Ltd., Coxco Inc., Faber Group B.V, FALKENHAHN AG, Greif Inc., John Rock Inc, Kamps Pallets Inc., Leap India Food and Logistics, Millwood Inc., Nefab AB, Pacific Pallets PVT. Ltd, Palcon LLC, PalletOne Inc., PECO Pallet, PGS Group, Rowlinson Packaging Ltd., Shur-way Group Inc., UFP Industries Inc., United Pallet Services Inc., and Yellow Pallet B.V., among others.

What will the Lumber Pallet Market Size be During the Forecast Period?

Download Report Sample to Unlock the Lumber Pallet Market Size for the Forecast Period and Other Important Statistics

Lumber Pallet Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post-COVID-19 era. The rise in containerization is notably driving the lumber pallet market growth, although factors such as fluctuating lumber prices and shortage of raw materials may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the lumber pallet industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Lumber Pallet Market Driver

The rise in containerization is one of the major drivers impacting the lumber pallet market growth. The growth in containerization is increasing the use of lumber pallets because shipping containers have smooth, level surfaces that permit the quick movement of pallets of different sizes using forklifts. The use of lumber pallets makes it easier to move heavy stacks in containers. Before being moved to containers, the individual items are stacked on a lumber pallet to create a unit load. This can be moved easily and loaded onto containers using a pallet jack, forklift, crane, or any other material handling equipment. Therefore, the growth in containerization is expected to lead to a higher demand for lumber pallets during the forecast period.

Key Lumber Pallet Market Trend

The emergence of pallet pooling is one of the major trends influencing the lumber pallet market growth. The emergence of pallet pooling services has enabled end-users to rent pallets at nominal rates for their entire supply chains, thus eliminating the need to buy crates. Renting a pallet from a shared pool offers substantial savings and significant returns on investments to end-users. Also, the reverse supply chain for end-users is handled by the pallet pooling companies. For instance, the pallet pooling companies deliver the pallet in the quantities ordered by end-users and deal with those pallets once they reach the end of the supply chain. Some pallet vendors, such as LEAP India, Brambles, Northwest, and others, also provide pallets on a rental basis. For instance, LEAP India offers pallets for rent to end-users in the e-commerce, automotive, dairy, beverages, pharmaceuticals, and other industries. There is a significant rise in the leasing or renting of pallets by end-users. This, in turn, is likely to increase the trend of lumber pallet pooling during the forecast period.

Key Lumber Pallet Market Challenge

Fluctuating lumber prices and shortage of raw materials are one of the major challenges impeding the lumber pallet market growth. Volatility in the prices of lumber is mainly attributed to a reduction in the availability of wood and lumber in many countries, such as Nigeria, Pakistan, Colombia, and Brazil, as a result of widespread deforestation and the decline in the number of new tree plantations. The increasing capacity expansion in lumber processing plants across India, the UK, and Canada, without taking into consideration the need for the sustainable procurement of raw materials, is increasing the disparities between the demand for and supply of lumber. Owing to such factors, end-users, such as pallet manufacturers, are expected to experience a shortage of timber. As a result of the shortage of timber in the market, pallet manufacturers will find it difficult to complete their orders. Thus, the shortage of lumber and wood products is expected to slow down the growth of the global lumber pallet market during the forecast period.

This lumber pallet mark

In 2017, imports of pine wood in Kazakhstan stood at X cubic meters, coming down by -X% against the previous year. In general, pine wood imports continue to indicate a drastic decrease. The growth pace was the most rapid in 2009, when the imports increased by X% y-o-y. Kazakhstan imports peaked of X cubic meters in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.In value terms, pine wood imports totaled $X in 2017. Overall, pine wood imports continue to indicate a drastic downturn.

In 2017, pine wood imports into Argentina amounted to X cubic meters, coming down by -X% against the previous year. In general, pine wood imports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2016, an increase of X% year-to-year. Argentina imports peaked of X cubic meters in 2008; however, from 2009 to 2017, it failed to regain its strength.In value terms, pine wood imports stood at $X in 2017. Overall, pine wood imports continue to indicate an abrupt reduction.

Crown timber charges are composed of:

1. stumpage price
2. Forestry Futures Trust charge
3. Forest Renewal Trust charge

The stumpage price is made up of 3 components:

1. minimum price: adjusted annually and set by species and product sector on April 1 of each year
2. residual value price: adjusted monthly and varies based on market prices of product sectors and species
3. administration: $1.00/cubic metre for trees exported outside Canada for manufacturing

Stumpage prices (minimum and residual value) are calculated by using the Ontario Crown Timber Prices (Stumpage) monthly tables.

The licensee or Agent for the Crown is responsible for paying Crown charges.

The Forestry Futures Trust provides funding to renew forest areas affected by natural disasters like fire, blowdown or disease. Funding could also be provided in the event of an insolvency of a major licensee.

The Forest Renewal Trust charge provides dedicated funding for forest renewal. This charge, which is set annually, varies depending upon anticipated renewal costs.

In 2017, approx. X units of moulding patterns of wood were imported into Romania; coming down by -X% against the previous year. Overall, moulding patterns of wood imports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2012, an increase of X% against the previous year. In that year, the moulding patterns of wood imports reached its maximum volume of X units.

Timber Frame Housing Market Outlook

According to our latest research, the global timber frame housing market size reached USD 41.7 billion in 2024, demonstrating a robust momentum driven by rising demand for sustainable and energy-efficient construction solutions. The market is exhibiting a strong compound annual growth rate (CAGR) of 7.1% from 2025 to 2033. By the end of the forecast period in 2033, the global timber frame housing market is projected to achieve a value of approximately USD 77.8 billion. The primary growth factor propelling this market is the increasing global emphasis on green building practices and the adoption of renewable construction materials, as construction industries and consumers alike prioritize sustainability, reduced carbon footprints, and efficient building timelines.

One of the fundamental growth drivers for the timber frame housing market is the mounting awareness and regulatory push towards sustainable construction. Governments worldwide are enacting policies that incentivize the use of renewable materials, particularly in the building sector, to combat climate change and promote eco-friendly urban development. Timber, being a renewable resource with a lower embodied energy compared to concrete or steel, aligns perfectly with these objectives. Additionally, timber frame construction offers excellent thermal performance, reducing energy consumption for heating and cooling, which further strengthens its appeal in regions with stringent energy codes. As a result, both private and public sector projects are increasingly specifying timber frame solutions, which is expected to sustain and accelerate market growth over the coming years.

Another significant growth factor is the technological evolution in timber processing and construction methodologies. Advancements in engineered wood products such as cross-laminated timber (CLT), glue-laminated timber (Glulam), and prefabrication techniques have expanded the application scope of timber frame housing. These innovations have not only improved the structural integrity and fire resistance of timber buildings but have also enabled faster construction timelines and reduced labor costs. The prefabrication of timber components off-site ensures higher precision, less material wastage, and minimal site disruption, making timber frame housing highly attractive for developers and builders seeking efficiency and quality. This technological progress, coupled with an increasing preference for modular and offsite construction, is expected to drive adoption rates across both residential and commercial segments.

Consumer preferences are also shifting towards healthy and aesthetically pleasing living environments, which further bolsters demand for timber frame homes. Timber’s natural properties contribute to improved indoor air quality and provide a warm, inviting ambiance, factors that are highly valued in both residential and commercial spaces. In addition, the growing urbanization in emerging economies, coupled with rising disposable incomes, is generating substantial demand for new housing and infrastructure, providing a fertile ground for the expansion of the timber frame housing market. The ability of timber frame systems to be customized for diverse architectural styles and their compatibility with modern design trends ensures their continued relevance and popularity among architects, designers, and end-users.

Regionally, Europe remains at the forefront of the timber frame housing market, owing to its mature construction sector, supportive regulatory framework, and widespread consumer acceptance of timber-based buildings. North America follows closely, with a strong tradition of wood construction and a growing shift towards sustainable building practices. The Asia Pacific region, meanwhile, is emerging as a high-growth market due to rapid urbanization, increasing investments in infrastructure, and greater awareness of green building benefits. Latin America and the Middle East & Africa are also witnessing gradual adoption, driven by changing building codes and the need for affordable, energy-efficient housing solutions. The interplay of these regional dynamics is expected to shape the competitive landscape and growth trajectory of the global timber frame housing market through 2033.

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...

A timber harvest in a 72-years old Scots pine (Pinus sylvestris L.) forest stand was carried out under real conditions in North eastern Germany in fall 2023. The area of the stand was 23.2 ha and 692 m³ of wood was harvested during the thinning operation. Three different timber harvesting methods with extended skid trail distances of approx. 40 m (ES) were investigated and compared to a fully mechanized system with conventional skid trail distances of approx. 20 m (CS) in a time study with a total of 150 recorded hours. Moreover, the residual stand damage and the marked trees remaining on the area were recorded after the harvesting operation. The main table contains the index of the data collection, which consists of seven data sets and one video. the data about the time study are divided in the different work steps: felling and processing with harvester (“Time study harvester”), forwardering (“Time study forwarder”), motormanual felling with chainsaw (“Time study chainsaw”), pulling down trees that have been hanging in other trees when felled with a chainsaw (“Time study chainsaw hanger”) and winching with cable winch (“Time study winching”). The data set “Wood harvest damage” contains the recordings of the damage caused by the different timber harvesting methods to the remaining stands. Finally, the data set “remaining trees” contains number, volume, distance to nearest skid trail and related timber harvesting method of the marked trees, which remained on the area. This table contains the Index of the data collection. Related datasets are listed in the metadata element 'Related Identifier'. Dataset version 1.0

In 2017, approx. X cubic meters of wood sawn or chipped lengthwise were imported into France; coming down by -X% against the previous year. Overall, sawn wood imports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2010, when the imports increased by X% against the previous year. France imports peaked of X cubic meters in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.In value terms, sawn wood imports amounted to $X in 2017.

In 2017, imports of moulding patterns of wood in Japan amounted to X units, coming down by -X% against the previous year. Overall, moulding patterns of wood imports continue to indicate an abrupt slump. The growth pace was the most rapid in 2011, an increase of X% against the previous year.

In 2017, imports of wood sawn or chipped lengthwise in Switzerland stood at X cubic meters, coming down by -X% against the previous year. The total import volume had been increasing at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year.

According to Cognitive Market Research, the global Timber ISPM15 market size is USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.20% 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 XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million. Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2031. Latin America had a market share for more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.6% 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 XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2031. The Heat Treated held the highest Timber ISPM15 market revenue share in 2024. Market Dynamics of Timber ISPM15 Market Key Drivers for Timber ISPM15 Market Increasing Global Trade to Increase the Demand Globally With the continuing expansion of worldwide alternatives, the importance of stable and compliant wood packaging materials, which include ISPM 15 wooden, rises appreciably. ISPM 15 requirements assure that wooden packaging materials used in worldwide change are treated to prevent the spread of pests and sicknesses. Ensuring compliance with ISPM 15 guidelines is critical for facilitating the easy movement of goods across borders while mitigating the risk of introducing dangerous organisms to new environments. As change volumes improve, adherence to these requirements will become vital for keeping biosecurity and safeguarding worldwide ecosystems. Thus, the demand for ISPM 15-compliant wood packaging materials keeps developing in tandem with the flourishing worldwide exchange panorama. Stricter Regulations to Propel Market Growth As regulatory our bodies worldwide tighten quarantine measures to thwart the advent of invasive species, ISPM 15 certification emerges as a pivotal device for compliance. Mandated by many jurisdictions, ISPM 15 requirements guarantee that timber packaging substances undergo suitable remedy, minimizing the chance of transporting pests or diseases throughout borders. Consequently, for several wood packaging programs, ISPM 15 certification becomes compulsory to fulfill those stringent policies. By adhering to ISPM 15 pointers, businesses make certain their merchandise' conformity with worldwide biosecurity requirements, fending off ability ecological disruptions and financial losses caused by invasive species. The imposition of stricter policies underscores the indispensability of ISPM 15 certification in retaining worldwide biodiversity and safeguarding agricultural and herbal ecosystems. Restraint Factor for the Timber ISPM15 Market Treatment Cost to Limit the Sales The ISPM 15 treatment technique, encompassing fumigation or warmth treatment, contributes to the overall fee of timber, serving as an ability deterrent for groups, especially the ones handling low-value goods. The charges incurred in ensuring compliance with ISPM 15 standards include no longer the most effective direct prices of treatment but additional logistical considerations and administrative burdens. For establishments running on tight income margins or managing less expensive commodities, the extra fee burden of ISPM 15 compliance can also pose large demanding situations. Consequently, some organizations may additionally be looking for opportunities to package substances or discover price-saving measures to mitigate the impact of compliance necessities on their backside line. Balancing biosecurity imperatives with financial considerations remains a key consideration within the implementation of ISPM 15 rules within the global exchange panorama. Impact of Covid-19 on the Timber ISPM15 Market The worldwide wooden marketplace, especially regarding ISPM 15 compliance, experienced big impacts due to COVID-19. Disruptions in supply chains, regulations on movement, and financial downturns caused fluctuations in call for and delivery. The pandemic's onset saw a slowdown in international exchange, reducing the need for ISPM 15-compl...

The revenue of the sawn wood market in Iceland amounted to $X in 2018, coming down by -X% against the previous year. Over the period under review, sawn wood consumption, however, continues to indicate a deep deduction. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. Over the period under review, the sawn wood market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.