Timber prices in the United Kingdom fell in 2023, after having risen at a fast pace in 2021 and 2022. The price index of imported sawn or planed wood grew from 132 in 2020 to 195.6 in 2022. Meanwhile, the cost of imported plywood have increased less sharply, and therefore also had a smaller fall.

Lumber fell to 690.67 USD/1000 board feet on July 31, 2025, down 0.12% from the previous day. Over the past month, Lumber's price has risen 11.49%, and is up 37.84% 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 August of 2025.

The latest National Statistics on Timber Price Indices produced by the Forestry Commission were released on 17 May 2018 according to the arrangements approved by the UK Statistics Authority. Timber Price Indices are based on sales by the Forestry Commission and Natural Resources Wales and consist of the Coniferous Standing Sales Price Index and the Softwood Sawlog Price Index. They present data to March 2018 for Great Britain.

Coniferous Standing Sales Price Index for years ending September 1985 to September 2017. The data also give underlying figures for volumes, total prices and average prices by average tree size in Great Britain.

The dataset provides supporting data to the National Statistics release Timber Price Indices. Attribution statement:

Softwood Sawlog Price Index for 6 month periods ending March 1985 to March 2016. The data also give underlying figures for average prices in Great Britain.

The dataset provides supporting data to the National Statistics release Timber Price Indices. Attribution statement:

Timber prices in the United Kingdom fell slightly in 2024, after those prices decreased significantly in 2023. The price index of imported sawn or planed wood grew by 48.18 percent between 2020 and 2022, while the cost of imported plywood rose by 55 percent during that period.

Coniferous standing sales price index and sawlog price index for Great Britain.

Source agency: Forestry Commission

Designation: National Statistics

Language: English

Alternative title: Timber Price Indices

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Cross Laminated Timber Market Size 2025-2029

The cross laminated timber market size is forecast to increase by USD 4 billion, at a CAGR of 20.5% between 2024 and 2029.

The Cross Laminated Timber (CLT) market is experiencing significant growth due to key trends in the real estate and construction sectors.The demand for sustainable and eco-friendly building solutions is fueling the adoption of CLT, as it offers numerous benefits, including reduced carbon footprint, faster construction times, and improved structural performance. However, the market faces challenges due to the volatility of raw material prices. Forestry management plays a crucial role in the CLT value chain, and fluctuations in timber prices can significantly impact the market's dynamics.
Producers and manufacturers must navigate this challenge by implementing effective supply chain strategies and exploring alternative raw material sources to mitigate price risks and ensure consistent product quality. Companies that successfully address these challenges and capitalize on the growing demand for sustainable building solutions are poised to thrive in the evolving CLT market landscape.

What will be the Size of the Cross Laminated Timber Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The cross laminated timber (CLT) market continues to evolve, driven by advancements in kiln drying technology, structural engineering, and design software. These innovations enable CLT to offer superior thermal performance, fire safety, and structural integrity, making it a viable option for various sectors. Industrial construction and commercial projects are increasingly adopting CLT for its strength-to-weight ratio and industrial-scale production capabilities. Construction management teams value CLT's prefabricated nature and modular construction possibilities. In the realm of sustainability, CLT's embodied carbon is a significant consideration. Forest management practices, chain of custody, and carbon sequestration are essential aspects of CLT's environmental impact.

Wood adhesives, tensile strength, and fire resistance are crucial components in ensuring the quality and safety of CLT structures. Building codes and regulations continue to evolve to accommodate CLT's unique properties. Seismic performance, acoustic performance, insect protection, and moisture control are essential considerations in the design and construction of CLT structures. Steel connections, shear strength, and thermal insulation are other essential factors in the structural engineering of CLT buildings. As the market matures, the focus on CLT's durability, moisture resistance, and industrial production capabilities will continue to shape its applications and growth. The continuous development of engineered wood products and the optimization of the supply chain will further fuel the market's dynamism.

How is this Cross Laminated Timber Industry segmented?

The cross laminated timber industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Non-residential
  Residential


Application

  Structural
  Non-structural


Type

  Adhesive bonded
  Mechanically fastened


Sales Channel

  Direct Sales
  Distributors & Retailers


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By End-user Insights

The non-residential segment is estimated to witness significant growth during the forecast period.

Cross laminated timber (CLT) is gaining significant traction in the construction industry, particularly in the commercial sector. The material's superior compressive strength and environmental sustainability make it an attractive option for high-rise buildings and non-residential construction. CLT's use extends to complex architectural designs, such as curved and domed ceilings, intricate arches, and flat roof systems, found in museums, gathering centers, hospitals, and other commercial spaces. Advancements in engineering and design technologies enable the creation of prefabricated CLT structures, ensuring moisture control, acoustic performance, and seismic resistance. These structures offer a strength-to-weight ratio that surpasses traditional building materials, reducing transportation costs and carbon emissions during the construction process.

Sustainable forestry practices, including chain of custody certification and kiln drying, contribute to the durability

The prices of doors and window frames made out of plastic and timber fell decreased slightly in 2024 in the United Kingdom. However, the producer price of metal doors and windows increased by **** percent. Until that year, prices of these types of windows and doors changed at a similar rate, with a significant price growth in 2022 and 2023.

Building materials made of steel, copper and other metals had some of the highest price growth rates in the U.S. in the first half of 2025 in comparison to the previous year. The growth rate of the cost of several construction materials was slightly lower than in late 2024. It is important to note, though, that the figures provided are Producer Price Indices, which cover production within the United States, but do not include imports or tariffs. This might matter for lumber, as Canada's wood production is normally large enough that the U.S. can import it from its neighboring country. Construction material prices in the United Kingdom Similarly to these trends in the U.S., at that time the price growth rate of construction materials in the UK were generally lower 2024 than in 2023. Nevertheless, the cost of some construction materials in the UK still rose that year, with several of those items reaching price growth rates of over **** percent. Considering that those materials make up a very big share of the costs incurred for a construction project, those developments may also have affected the average construction output price in the UK. Construction material shortages during the COVID-19 pandemic During the first years of the COVID-19 pandemic, there often were supply problems and material shortages, which created instability in the construction market. According to a survey among construction contractors, the construction materials most affected by shortages in the U.S. during most of 2021 were steel and lumber. This was also a problem on the other side of the Atlantic: The share of building construction companies experiencing shortages in Germany soared between March and June 2021, staying at high levels for over a year. Meanwhile, the shortage of material or equipment was one of the main factors limiting the building activity in France in June 2022.

The UK's parquet floor manufacturing industry is enjoying a renaissance thanks to a mix of design trends, sustainability demands and technological advancements. Recently, consumers have gravitated towards parquet flooring due to its inherent eco-friendly credentials and the resurgence of mid-century modern design trends. According to a September 2024 poll by the National Building Specification, around 70% of construction projects in the UK now incorporate sustainability targets, making parquet flooring an attractive choice for eco-conscious buyers willing to invest. However, parquet floor manufacturers have faced significant challenges in recent years, including volatile costs and low downstream demand amid subdued construction activity in the UK. Over the five years through 2024-25, industry revenue is projected to dip at a compound annual rate of 2.3% to £10.7 million. This is mostly due to the COVID-19 outbreak slashing construction activity in 2020-21, severely constraining demand for parquet flooring. This was followed by the cost-of-living crisis slashing demand in 2022-23 and, to a lesser degree, in 2023-24, as soaring inflation led Britons to tighten their purse strings and investors to limit investing in new construction projects. At the same time, parquet floor manufacturers grappled with turbulent wood prices and global supply chain disruptions, exacerbated by geopolitical tensions like the Russia-Ukraine conflict and fires in Canada, constraining the global supply of timber, lifting production costs and squeezing manufacturers' profitability. Timber prices peaked in March 2022 and as manufacturers passed on the price increases to consumers, the higher sale prices inflated industry revenue over 2022-23, despite subdued downstream demand. Industry revenue is set to hike by 0.9% in 2024-25 when profit is set to reach 15.7%, bolstered by improving downstream construction activity, slightly higher timber prices and several consumer trends driving interest in parquet floor. Engineered parquet flooring innovations, for example, are becoming the go-to choice for areas needing moisture resistance or sound insulation, especially as they also provide resilience against Britain's unpredictable climate, cementing parquet’s appeal amid urban development projects. Additionally, the trend towards retro interior styles, characterised by geometric patterns and lighter shades like walnut, has reignited interest in a more natural parquet flooring look, which is not easily replicated by substitutes like vinyl. Industry revenue is expected to swell at a compound annual rate of 2.8% over the five years through 2029-30 to reach £12.3 million. The EU’s recent tariffs on Chinese parquet flooring present a strategic opportunity for British manufacturers to expand their EU market share, leveraging the "Made in the UK" brand. Meanwhile, changing preferences among younger demographics are set to boost sales, with Millennials increasingly favouring wood floors and appreciating their aesthetic appeal. However, the industry still faces potential challenges from the growing global demand for timber, which could pressure supply chains. To combat this, manufacturers might diversify sourcing strategies and innovate with alternative raw materials. Emphasising customisation and classic patterns, coupled with sustainable practices, will be key in navigating these challenges and capitalising on emerging opportunities.

The United Kingdom prefab wood buildings market is experiencing robust growth, driven by increasing demand for sustainable and efficient construction solutions. The market, valued at approximately £X million in 2025 (assuming a logical estimation based on the provided CAGR of >4% and a market size indicated as "XX" - specific value needs to be provided to perform accurate calculations), is projected to witness a compound annual growth rate (CAGR) exceeding 4% from 2025 to 2033. This expansion is fueled by several key factors. Firstly, the rising awareness of environmental sustainability is boosting the adoption of timber construction, which boasts a lower carbon footprint compared to traditional methods. Secondly, the increasing demand for affordable housing, particularly in urban areas, is driving the popularity of prefabricated buildings due to their faster construction timelines and cost-effectiveness. Furthermore, government initiatives promoting sustainable building practices and advancements in timber technology, such as the development of innovative panel systems like CLT, NLT, DLT, and GLT, are contributing significantly to market growth. The residential sector (single and multi-family) forms a major segment, though commercial applications in office spaces and hospitality are showing promising growth trajectories. The market's growth is not without challenges. Potential restraints include fluctuations in timber prices, skilled labor shortages in the construction industry, and regulatory hurdles associated with adopting newer building technologies. However, the long-term outlook remains positive, particularly with ongoing technological innovations aimed at improving the design, durability, and affordability of prefab wood structures. The competitive landscape includes both large-scale manufacturers and smaller specialized companies, indicating a dynamic market with diverse offerings catering to a wide range of project scales and architectural styles. Continued innovation and increased awareness of the benefits of sustainable construction will be pivotal in propelling the UK prefab wood buildings market to even greater heights in the coming years. Further market segmentation data is needed for a more comprehensive regional analysis and to further quantify market share among various segments. This in-depth report provides a comprehensive analysis of the United Kingdom prefab wood buildings market, encompassing historical data (2019-2024), current estimations (2025), and future projections (2025-2033). The study delves into market dynamics, key players, and emerging trends, offering invaluable insights for businesses operating in or intending to enter this rapidly expanding sector. The report covers a market valued at several billion pounds and projects substantial growth over the forecast period. Key drivers for this market are: 4., Increasing demand for green construction to reduce carbon footprint4.; Introduction of technology for manufactruing the of building construction material. Potential restraints include: 4., High cost of purchasing the equipment for development and manufacturing of various construction material. Notable trends are: Timber Buildings Witnessing Significant Growth.

United Kingdom ImPI: EU: ME: Agricultural & Forestry Machinery data was reported at 106.900 2010=100 in Jun 2018. This records an increase from the previous number of 106.200 2010=100 for May 2018. United Kingdom ImPI: EU: ME: Agricultural & Forestry Machinery data is updated monthly, averaging 80.300 2010=100 from Jan 1996 (Median) to Jun 2018, with 270 observations. The data reached an all-time high of 106.900 2010=100 in Jun 2018 and a record low of 66.400 2010=100 in Oct 2000. United Kingdom ImPI: EU: ME: Agricultural & Forestry Machinery data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I043: Foreign Trade Price Index: SIC 2007: 2010=100: Import Price Index: EU.

Wood product sales are heavily dependent on the level of construction activity. Revenue has grown during the past five years, lifted mainly by a surge in timber prices in 2022. As global timber prices swelled, manufacturers increased selling prices to pass some of the burden of rising input costs on to customers, boosting revenue and profit. Government support for residential construction has also propelled revenue, boosting demand from a key market for wood-based panels. Overall, revenue is expected to rise at a compound annual rate of 2.5% over the five years through 2025-26 to £1.8 billion. The industry suffered a significant decline in revenue in 2022-23, as the cost-of-living crisis devastated many of its downstream markets. The construction sector, the primary user of veneer sheets and wood-based panels, was hit hard by high interest rates and low consumer confidence, denting manufacturers’ sales. Timber prices fell dramatically in 2023, when a decline in global demand led to an excess supply of timber. This drove a corresponding reduction in manufacturers’ product prices, lowering revenue. Import competition from cheaper Chinese wood panels also limited sales. At the same time, rising cost pressures and a lower revenue base curtailed profit. Timber prices have since started to stabilise as construction demand becomes more consistent, with revenue following suit. Climbing construction demand is anticipated to drive a 1.1% hike in revenue in 2025-26. Revenue is forecast to edge up at a compound annual rate of 2.3% over the five years through 2030-31 to £2 billion. Heightened construction activity thanks to government support, like the £39 billion directed to a new 10-year Affordable Homes Programme announced in June 2025, is forecast to boost orders of wood products in the coming years – wood-based panels are heavily used in residential building projects, for flooring, wall and ceiling panels, cabinetry and furniture. However, the number of new builds is under contention due to labour supply shortages and supply chain capacity, so the extent of revenue growth from this housebuilding market may be limited. New EU trade developments aimed at reducing border checks and the upcoming EU Deforestation Regulation could make exporting to Europe easier, helping raise revenue.

The global solid oak flooring market, valued at $7,398 million in 2025, exhibits a steady growth trajectory, projected to expand at a Compound Annual Growth Rate (CAGR) of 2.4% from 2025 to 2033. This growth is fueled by several key drivers. The increasing preference for natural and sustainable materials in home construction and renovation projects significantly boosts demand. Solid oak flooring's inherent durability, aesthetic appeal, and potential for increasing home value are major contributing factors. Furthermore, the rising disposable incomes in developing economies, coupled with a growing middle class seeking premium flooring solutions, contributes to market expansion. The market segmentation reveals a strong preference for both household and commercial applications, with red oak and white oak varieties leading the type segment. While the market faces some restraints, such as price volatility in raw materials and fluctuating labor costs, the overall growth outlook remains positive. The geographic distribution showcases strong demand in North America and Europe, driven by established construction industries and a preference for high-quality flooring materials in these regions. However, emerging markets in Asia-Pacific are anticipated to demonstrate significant growth potential in the coming years due to rapid urbanization and rising construction activities. The competitive landscape is characterized by a blend of established manufacturers and smaller regional players, with some companies focusing on specific product segments or geographic regions. Ongoing innovation in manufacturing processes, such as advancements in finishing techniques and the development of engineered oak flooring to mitigate cost concerns, are expected to further influence market dynamics. The forecast period (2025-2033) anticipates continued market expansion, driven by factors such as rising consumer demand for premium flooring, sustainable building practices, and ongoing investments in infrastructure projects. Specific growth opportunities lie in exploring niche markets, like specialized finishes and designs catering to individual preferences. Moreover, addressing the challenges related to raw material prices and labor costs through efficient supply chain management and technological advancements will be vital for sustained market growth. The consistent focus on the durability and longevity of solid oak flooring as a key selling point against more economical alternatives will be crucial for future success. Geographic expansion into developing markets with a growing middle class presents substantial opportunities for market players. Finally, strategic partnerships and collaborations within the supply chain and with interior design professionals will play a significant role in shaping the future landscape of the solid oak flooring market.

United Kingdom ExPI: EU: ME: Agricultural & Forestry Machinery data was reported at 0.000 2005=100 in Oct 2012. This stayed constant from the previous number of 0.000 2005=100 for Sep 2012. United Kingdom ExPI: EU: ME: Agricultural & Forestry Machinery data is updated monthly, averaging 74.200 2005=100 from Jan 1996 (Median) to Oct 2012, with 202 observations. The data reached an all-time high of 157.100 2005=100 in Jun 2011 and a record low of 0.000 2005=100 in Oct 2012. United Kingdom ExPI: EU: ME: Agricultural & Forestry Machinery data remains active status in CEIC and is reported by Office for National Statistics. The data is categorized under Global Database’s UK – Table UK.I045: Foreign Trade Price Index: SIC 2007: 2005=100: Export Price Index: EU.

In 2023, overseas purchases of agricultural forestry machinery (lawn or sportsground rollers) decreased by -34.7% to 23K units for the first time since 2019, thus ending a three-year rising trend.

In 2024, after three years of growth, there was significant decline in the UK agricultural forestry machinery market, when its value decreased by -10.4% to $319M. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2024: its value increased at an average annual rate of +3.5% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

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Composite Decking Market Size and Forecast 2025-2029

The composite decking market size estimates the market to reach USD 4 billion, at a CAGR of 16.6% between 2024 and 2029. North America is expected to account for 32% of the growth contribution to the global market during this period. In 2019, the residential segment was valued at USD 1.28 billion and has demonstrated steady growth since then.

    Report Coverage


    Details




    Base year


    2024




    Historic period

    2019-2023



    Forecast period


    2025-2029



    Market structure
    Fragmented



    Market growth 2025-2029


    USD 3995.9 million






The market is experiencing significant growth, driven by the revival of the construction industry and the increasing adoption of prefabricated construction solutions. These trends are fueled by the demand for durable, low-maintenance, and aesthetically pleasing outdoor living spaces. However, the availability of substitutes for composite decking, such as traditional wood and other materials, poses a challenge for market participants. Producers must differentiate themselves by offering superior product quality, innovative designs, and competitive pricing to capture market share effectively.
Companies that can successfully navigate these dynamics and capitalize on the opportunities presented by the reviving construction industry and the shift towards prefabricated solutions will thrive in this market.

What will be the Size of the Composite Decking Market during the forecast period?

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The market continues to evolve, driven by advancements in technology and consumer preferences. UV-resistant and stain-resistant composite decking have gained significant traction due to their ability to withstand harsh environmental conditions and maintain their aesthetic appeal. Structural integrity and dimensional stability testing are crucial in ensuring the durability and longevity of these products. Decking fastener and railing systems have also seen innovation, with hidden systems becoming increasingly popular for their sleek appearance. Cleaning methods for composite decking have evolved to include specialized products and techniques, making maintenance easier and more effective. Decking structural design continues to advance, with fire-retardant and pressure-treated options gaining popularity in commercial and residential applications.

Co-extrusion and composite lumber decking have emerged as viable alternatives to traditional wood-plastic composites. Hidden fastener systems and decking color pigments have improved, enhancing the overall appearance and functionality of composite decking. Impact resistance testing is essential in ensuring the safety and durability of these products. Composite decking accessories, such as lighting and bench systems, have become essential additions to enhance the overall user experience. High-density polyethylene and cellular PVC decking offer low-maintenance solutions for homeowners. The composite decking industry is expected to grow by 5% annually, driven by these innovations and consumer demand for durable, low-maintenance outdoor living solutions.

For instance, a leading composite decking manufacturer reported a 15% increase in sales due to the introduction of a new UV-resistant decking line. This success underscores the market's continuous dynamism and the importance of staying attuned to evolving consumer preferences and technological advancements.

How is this Composite Decking Industry segmented?

The composite decking industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Residential
  Non-residential


Type

  Polyethylene
  Polypropylene
  Polyvinyl chloride
  Others


Composition

  Solid
  Hollow


Distribution Channel

  Online
  Offline


Finish Type

  Capped
  Uncapped


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The residential segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth due to the increasing residential modular construction activities in the US, Europe, and Asia Pacific (APAC) regions. This trend is driven by rising disposable incomes, urbanization, and government initiatives in APAC countries like China, India, Malaysia, and Indonesia. The recovery of the global housing market in countries such as the US, Canada, Germany, and Spain is also fu