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Lumber rose to 626.15 USD/1000 board feet on June 27, 2025, up 1.30% from the previous day. Over the past month, Lumber's price has risen 7.30%, and is up 38.97% 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 June 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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Interactive chart of historical daily lumber prices back to 1972. The price shown is in U.S. Dollars per thousand board feet.
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: All Other Miscellaneous Wood Products (WPS084909) from Jan 1996 to May 2025 about miscellaneous, wood, commodities, PPI, inflation, price index, indexes, price, and USA.
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.
In the fiscal year 2023, the price index of wood for building construction Japan's capital Tokyo stood at 138.6 index points. Timber prices declined from a decade high of 170.1 index points in the previous year.
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Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Softwood Lumber, Made from Purchased Lumber (WPU08110701) from Dec 2003 to May 2025 about purchase, wood, commodities, PPI, inflation, price index, indexes, price, and USA.
Throughout the timeline, hard sawn wood has had higher prices than any other type of timber. In 2023, its price amounted to *** U.S. dollars per cubic meter, which is twice higher than that of hard timber logs. During that period, hard logs were the cheapest type of timber at approximately *** U.S. dollars per cubic meter. Meanwhile, lumber prices in the U.S. have fluctuated a lot since February 2020.
The Wholesale Price Index of wood and wood products across India during financial year 2024 was over 146.6. The price index value of wood related products increased by about 41 percent from the base year of 2012. An overall increase in the price index was seen over the years from financial year 2013 in the country.
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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 June of 2025.
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This table contains 30 series, with data for years 1961 - 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 (8 items: Atlantic Region; Ontario; Quebec; Prairie Region ...), Commodities (9 items: Lumber; softwood; Lumber; softwood; Douglas fir; Lumber; softwood; spruce-pine-fir; Lumber; softwood; hemlock ...).
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Graph and download economic data for Index of Wholesale Prices of Lumber for United States (M0464BUSM349NNBR) from Jan 1947 to Feb 1954 about wood, wholesale, price index, indexes, price, and USA.
As of August 2020, the monthly average price for wood in Egypt amounted to 9010, 5100 and 4000 Egyptian pounds per cubic meter (572.89, 324.28, 254.33 U.S. dollars) for Beech, Sweden and Blank wood, respectively. Furthermore, it is evident that both Swedish wood and Blank wood followed the same overall declining trend. The mean price of Swedish and Blank wood shrank by approximately 4.35 and 4.6 percent in September 2019, respectively. Prices for Beech wood, on the other hand, had minor increases of approximately 3.5 and 0.11 percent in February 2019 and May 2020, respectively.
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Get the latest insights on price movement and trend analysis of Softwood Lumber meal in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).
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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 May of 2025.
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Explore the factors influencing softwood lumber prices, including supply chain disruptions, trade tariffs, and environmental policies. Understand the volatility and broader economic trends affecting builders and policymakers.
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United States - Wood Products: Cost of Materials was 46.32500 Bil. of Current $ in January of 2023, according to the United States Federal Reserve. Historically, United States - Wood Products: Cost of Materials reached a record high of 67.39300 in January of 2022 and a record low of 21.59800 in January of 1987. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Wood Products: Cost of Materials - last updated from the United States Federal Reserve on July of 2025.
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Saudi Arabia Construction Materials Price: Average: Wood: Chilian data was reported at 1,583.250 SAR/Cub m in Mar 2025. This records an increase from the previous number of 1,577.170 SAR/Cub m for Feb 2025. Saudi Arabia Construction Materials Price: Average: Wood: Chilian data is updated monthly, averaging 1,109.305 SAR/Cub m from Feb 2009 (Median) to Mar 2025, with 194 observations. The data reached an all-time high of 1,989.600 SAR/Cub m in May 2022 and a record low of 939.060 SAR/Cub m in Jul 2017. Saudi Arabia Construction Materials Price: Average: Wood: Chilian data remains active status in CEIC and is reported by General Authority for Statistics. The data is categorized under Global Database’s Saudi Arabia – Table SA.EA006: Average Construction Materials Price.
The average price of wood sales increased in Poland in the observed period, amounting to 277.35 zloty per cubic meter in three quarters of 2024.
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Lumber rose to 626.15 USD/1000 board feet on June 27, 2025, up 1.30% from the previous day. Over the past month, Lumber's price has risen 7.30%, and is up 38.97% 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 June of 2025.