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Lumber fell to 579.59 USD/1000 board feet on July 14, 2025, down 3.24% from the previous day. Over the past month, Lumber's price has fallen 7.29%, but it is still 38.48% 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.
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Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber (WPU0812) from Jan 1947 to May 2025 about floor coverings, 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.
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Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Lumber (WPS081) from Jan 1967 to May 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.
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This table contains 30 series, with data for years 1961 - 2010 (not all combinations necessarily have data for all years), and was last released on 2010-09-29. This table contains data described by the following dimensions (Not all combinations are available): Geography (8 items: Atlantic Region; Prairie Region; Quebec; Ontario ...), Commodities (9 items: Lumber; softwood; Lumber; softwood; spruce-pine-fir; Lumber; softwood; Douglas fir; Lumber; softwood; hemlock ...).
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United States - Producer Price Index by Commodity: Lumber and Wood Products: Hardwood Lumber was 279.04900 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 Lumber reached a record high of 316.10800 in May of 2022 and a record low of 24.30000 in January of 1947. 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 Lumber - last updated from the United States Federal Reserve on July of 2025.
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.
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Explore the fluctuating prices of yellow wood lumber influenced by factors like market demand, supply chain disruptions, and economic conditions. Discover how construction activity, raw material availability, seasonal changes, and regional variations impact costs for home improvement and construction projects.
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United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber was 277.36400 Index 1982=100 in March of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Lumber reached a record high of 462.00000 in May of 2021 and a record low of 4.50000 in August of 1932. 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: Lumber - last updated from the United States Federal Reserve on July of 2025.
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Explore the factors influencing teak wood prices, including quality, origin, and demand. Learn about the role of sustainable practices and market dynamics affecting this prized lumber's cost amid supply constraints and international demand.
The annual price growth rate of hardwood lumber in the United States fluctuated significantly between 1970 and 2024. During that time, the highest increase was observed in 2021 when hardwood lumber prices increased by **** percent. The producer prices for hardwood lumber fell by ** percent in 1975.
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The global solid wood lumber market is experiencing robust growth, driven by a resurgence in construction activity worldwide and increasing demand for sustainable building materials. The market size in 2025 is estimated at $250 billion, exhibiting a Compound Annual Growth Rate (CAGR) of 4.5% from 2025 to 2033. This growth is fueled by several key factors including the ongoing expansion of the housing sector, particularly in developing economies, and a growing preference for wood in commercial construction projects due to its aesthetic appeal and environmental benefits. Furthermore, the increasing use of wood in furniture manufacturing and interior decoration contributes significantly to the market's expansion. The softwood lumber segment currently dominates the market, driven by its widespread use in construction, but the hardwood lumber segment is projected to witness faster growth due to its use in higher-value applications like furniture and flooring. However, challenges remain, including fluctuations in lumber prices due to timber availability and global economic conditions. Moreover, increasing concerns about deforestation and sustainable forestry practices are putting pressure on the industry to adopt more responsible sourcing and manufacturing methods. Regional variations in market growth are anticipated, with North America and Asia Pacific expected to lead the growth trajectory, propelled by strong construction sectors and increasing disposable incomes. However, Europe, while a significant market, may experience comparatively slower growth due to mature markets and stricter environmental regulations. Key players in the market include large integrated forest product companies like West Fraser, Canfor, Weyerhaeuser, and Stora Enso, along with several regional players. These companies are actively investing in innovative technologies and sustainable forestry practices to remain competitive and meet the evolving demands of the market. Competitive dynamics are characterized by both price competition and differentiation based on product quality, sustainability certifications, and service offerings. The market will likely witness consolidation in the coming years as larger companies acquire smaller ones to gain market share and achieve economies of scale.
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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.
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Explore the factors affecting cherry wood pricing, including grade, processing type, size, and regional differences. Understand how quality, demand, and economic conditions impact costs, with typical prices ranging from $5 to $10 per board foot. Learn how to find the best deals for your projects by consulting suppliers.
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This table contains 179 series, with data for years 1956 - 2001 (not all combinations necessarily have data for all years), and was last released on 2001-10-29. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Commodities (179 items: Lumber; sawmill; other wood products; Lumber and timber; Lumber and ties; hardwood; Lumber and ties ...).
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Explore the dynamic factors influencing the hardwood lumber market as of 2023, including supply chain disruptions, environmental regulations, economic demand, and geopolitical tensions, leading to regional price fluctuations and market volatility.
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United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Made from Purchased Lumber was 271.89500 Index Dec 2003=100 in April of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Made from Purchased Lumber reached a record high of 340.41600 in March of 2022 and a record low of 100.00000 in December of 2003. 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: Softwood Lumber, Made from Purchased Lumber - last updated from the United States Federal Reserve on June of 2025.
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United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Not Edge Worked was 135.36100 Index Dec 2003=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Not Edge Worked reached a record high of 323.20000 in May of 2021 and a record low of 64.20000 in May of 2009. 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: Softwood Lumber, Not Edge Worked - last updated from the United States Federal Reserve on July of 2025.
Throughout the timeline, hard sawn wood has had higher prices than any other type of timber. In 2024, its price amounted to ****** U.S. dollars per cubic meter, which is twice higher than that of hard timber logs. During that period, soft logs were the cheapest type of timber at approximately ****** U.S. dollars per cubic meter. Meanwhile, lumber prices in the U.S. fluctuated a lot between 2020 and 2022.
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Lumber fell to 579.59 USD/1000 board feet on July 14, 2025, down 3.24% from the previous day. Over the past month, Lumber's price has fallen 7.29%, but it is still 38.48% 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.