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.

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.

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.

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, approx. X cubic meters of pine wood were imported into Greece; going down by -X% against the previous year. Overall, pine wood imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2014, an increase of X% y-o-y. Over the period under review, the pine wood imports reached its peak figure volume of X cubic meters in 2007; however, from 2008 to 2017, it failed to regain its strength.In value terms, pine wood imports totaled $X in 2017.

Spruce wood imports into Denmark totaled X cubic meters in 2017, going down by -X% against the previous year. Overall, spruce wood imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2013, when it surged by X% from the previous year. Denmark imports peaked of X cubic meters in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.In value terms, spruce wood imports stood at $X in 2017.

Forestry Economic Trends data provides price information by species and country for domestic and imported logs, broken down by year, month, and size. It provides insight into price fluctuations in the domestic and international log markets and trends by major species, making it valuable for forestry-related industries, researchers, and policymakers. The data is based on research data from the National Institute of Forest Science and the Forestry Industry Economic Trends file on the Public Data Portal. It can be used for domestic and international timber market analysis, import/export strategy development, and price forecasting. It is regularly updated to reflect the latest market trends. Please note that this information is provided through the public data portal File Data (National Institute of Forest Science_Forestry Industry Economic Trends (https://www.data.go.kr/data/15048235/fileData.do), under the Key Statistics by Product > Log menu) and the National Institute of Forest Science Library (https://book.nifos.go.kr/, search for Forestry Industry Economic Trends).

In 2017, the amount of moulding patterns of wood imported into Norway amounted to X units, going down by -X% against the previous year. Overall, moulding patterns of wood imports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year.

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 cubic meters of wood sawn or chipped lengthwise were imported into Egypt; going down by -X% against the previous year. In general, sawn wood imports continue to indicate a prominent increase. The growth pace was the most rapid in 2014, when it surged by X% year-to-year. Egypt imports peaked of X cubic meters in 2016, falling back in the following year.In value terms, sawn wood imports totaled $X in 2017.

Sawn wood imports into India amounted to X cubic meters in 2017, going down by -X% against the previous year. In general, sawn wood imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2015, when it surged by X% from the previous year. In that year, the sawn wood imports attained its maximum volume of X cubic meters. From 2016 to 2017, growth of the sawn wood imports failed to regain its strength.In value terms, sawn wood imports totaled $X in 2017.

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 2016, moulding patterns of wood imports into Austria amounted to X units, going down by -X% against the previous year. Overall, moulding patterns of wood imports continue to indicate a temperate decrease. The pace of growth was the most pronounced in 2010, an increase of X% y-o-y.

In 2017, the amount of moulding patterns of wood imported into China amounted to X units, going down by -X% against the previous year. Overall, moulding patterns of wood imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year.

Coffin and casket manufacturers have endured declines. Although demand for deathcare products and services often increases in line with an aging population, the considerable expenses associated with burials and a greater cultural acceptance of cremation have drastically harmed demand for traditional burial services and, therefore, for caskets. Since cremations are often the lowest-cost funeral method, this has pressured funeral homes, boosting price-based competition and pushing manufacturers' profit down. Labor shortages have also driven up wage costs and hindered profit growth. Although revenue has been generally falling over the past two decades, the COVID-19 pandemic caused an unprecedented number of deaths, with many families opting for burial services for their loved ones. This trend enabled coffin and casket sales to jump in 2020, although the vaccine distribution and having achieved herd immunity caused this trend to reverse. These factors have caused revenue to drop at an estimated CAGR of 1.6% to $718.7 million through 2025, including a 0.5% drop that year alone. Despite expectations that online funeral product sales would drive the penetration of low-cost imports and erode the market share of domestic manufacturers, the industry has endured little competition from foreign producers. Consumers have also proved skeptical of burying loved ones in imported caskets. The industry is dominated by two companies with longstanding relationships with downstream funeral homes and extensive distribution networks, making it difficult for smaller producers to remain competitive. This competition and higher costs have led to a steep drop in the number of manufacturers over the past five years. Casket and coffin sales will continue to weaken over the coming years, primarily driven by the continuous growth in the popularity of cremations and the rising cost of burial services. The available cemetery space is unlikely to face any significant growth, pushing up the price of burial and making cremation services more attractive for families. This heightened competition will make it more difficult for manufacturers to pass higher lumber and steel prices onto customers, likely leading to profit declines for manufacturers. Moreover, changing religious attitudes, which have favored cremation services, are unlikely to reverse. Manufacturers will likely look to expand their service offerings to sustain growth. These trends will lead to revenue falling at an estimated CAGR of 0.5% to $700.2 million through 2030.

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.