Lumber fell to 601.15 USD/1000 board feet on August 22, 2025, down 1.61% from the previous day. Over the past month, Lumber's price has fallen 9.74%, but it is still 18.77% 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 August 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.

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

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.

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.

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.

Over the past five years, the industry has experienced moderate growth, driven largely by a surge in residential construction activity during the early pandemic years. Elevated lumber prices, spurred by supply chain disruptions and a housing boom, helped lift industry revenue and profitability in 2020 and 2021. However, this momentum was disrupted as inflationary pressures and rising interest rates cooled the housing market and caused demand for lumber to drop. Profit, which expanded during the peak of price spikes, began to level off as mills operated below capacity and faced reduced pricing power. Still, investments in automation and efficiency allowed many operators to preserve profitability even as market volatility intensified. The industry also contended with shifting trade dynamics and global economic uncertainty. Ongoing trade disputes with Canada and reduced exports to key markets like China and Mexico contributed to weaker external demand. At the same time, domestic supply chains improved, and inventory buildup from prior overproduction softened raw material costs. While facility closures and consolidation helped restore a better supply-demand balance, overall growth remained modest. Industry revenue rose at a CAGR of 3.2% over the past five years, reaching $53.2 billion in 2025, including a 0.3% growth in 2025 alone. Looking ahead, the industry is expected to grow more slowly as it adjusts to structural shifts in housing demand and evolving building practices. While lower interest rates could help stabilize residential construction, long-term affordability challenges are likely to dampen recovery. However, emerging opportunities such as cross-laminated timber in mid-rise buildings and the repurposing of wood waste for energy and industrial inputs may help diversify revenue streams. Consolidation, paired with modest technological innovation and workforce expansion, will support operational resilience. Over the next five years, industry revenue is projected to grow at a slower CAGR of 1.8%, reaching $58.1 billion by 2030.

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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.

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In 2017, sawn wood imports into Turkey stood at X cubic meters, coming down by -X% against the previous year. In general, sawn wood imports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. Turkey 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 stood at $X in 2017.

Cabinet makers have endured significant volatility in recent years, largely driven by a volatile residential market. In 2020 and 2021, producers benefited from a strong residential construction sector. Near-zero interest rates and higher disposable income allowed consumers to buy new homes and take on home improvement projects, driving demand for new cabinets. Declining macroeconomic conditions in 2022 placed downward pressure on demand, as elevated inflationary pressures and rising consumer uncertainty drove consumers to slow nonessential purchases. Although these factors resulted in significant losses, they fell short of reversing the earlier gains. As a result, revenue has grown at an estimated CAGR of 0.7% to $2.7 billion between 2020 and 2025, including a 1.5% drop in 2025 alone. Lumber prices directly impact cabinet prices, as producers often pass down purchase costs to downstream buyers. As a result, higher wood prices often translate to higher revenue while allowing purchase costs to continue accounting for a stable share of revenue. This strategy allows producers to protect their profit from input price volatility. Producers focusing on pre-produced cabinets face higher levels of competition from alternative material storage solutions and imported cabinets, pushing domestic producers to focus more heavily on customized offerings. Over the coming years, domestic producers will benefit from the expected recovery of the residential sector. Rising private spending on home improvement projects and the growing value of residential construction will create growth opportunities for cabinet makers. Similarly, improving macroeconomic conditions, like growing consumer confidence and disposable income, will allow consumers to allocate more resources toward these improvements. However, manufacturers face significant uncertainty over the coming years, particularly around lumber prices. Revenue is set to grow at a CAGR of 1.3% through 2030, reaching $2.8 billion.

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.

Graph and download economic data for Producer Price Index by Commodity: Pulp, Paper, and Allied Products: Wood Pulp (WPU0911) from Jan 1926 to Jul 2025 about wood, paper, commodities, PPI, inflation, price index, indexes, price, and USA.

Find in-season and off-season pricing for heating fuels, including heating oil, propane and wood price surveys by DOER. Links to electric and natural gas rates also available here.

Kraft Pulp fell to 5,058 CNY/T on August 22, 2025, down 0.51% from the previous day. Over the past month, Kraft Pulp's price has fallen 6.64%, and is down 11.42% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. This dataset includes a chart with historical data for Kraft Pulp.

The global market for automatic wood edging machines is experiencing robust growth, projected to reach $1016.7 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 4.8% from 2025 to 2033. This expansion is driven by several key factors. Increased automation in the woodworking industry, coupled with a rising demand for high-quality, precision-finished wood products, fuels the adoption of these machines. The furniture, cabinetry, and flooring sectors are significant end-users, contributing substantially to market demand. Furthermore, advancements in technology, leading to improved efficiency, accuracy, and reduced labor costs, are further boosting market growth. The competitive landscape features both established players like Homag, SCM, Biesse, and Weinig, along with a growing number of regional manufacturers, indicating a dynamic and evolving market. This competition fosters innovation and drives down prices, making automatic wood edging machines accessible to a broader range of businesses. However, the market also faces some challenges. Fluctuations in raw material prices, particularly lumber, can impact production costs and profitability. The high initial investment required for purchasing and implementing these machines may deter smaller woodworking businesses from adoption. Additionally, maintaining skilled personnel to operate and maintain the sophisticated machinery remains a critical factor impacting overall market growth. Despite these restraints, the long-term outlook for the automatic wood edging machines market remains positive, driven by the ongoing trend toward automation and the persistent need for high-quality, efficiently produced wood products across diverse industries. Technological advancements focused on ease of use and reduced maintenance will likely mitigate some of the challenges and continue to drive market expansion in the coming years.

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.

Fire Retardant Treated Timber Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2031.

Global Fire Retardant Treated Timber Market Drivers

The market drivers for the Fire Retardant Treated Timber Market can be influenced by various factors. These may include:

Building codes and regulatory standards: Tighter building codes and regulations requiring the use of fire-resistant materials in construction are a major motivator. Utilizing treated wood that has been fire retardant is frequently necessary to comply with these regulations.

Growing Awareness of Fire Safety: Demand for fire retardant treated wood is driven by rising awareness of fire safety and the need to save lives and property. This is particularly important in places where there is a high risk of wildfires or in crowded urban settings.

Global Fire Retardant Treated Timber Market Restraints

Several factors can act as restraints or challenges for the Fire Retardant Treated Timber Market. These may include:

Cost considerations: The price of wood may go up if it is treated with fire retardants. Some customers might be turned off by this additional cost, particularly in markets where prices are crucial or for projects with tight budgets.

Regulatory Difficulties: Depending on the location, adhering to different building codes and standards can be difficult. Manufacturers and suppliers may encounter difficulties as a result of regulatory changes or stricter standards.

Outdoor furniture producers have endured significant volatility in recent years. Since households are the largest market for outdoor furniture, demand typically rises with improved disposable income and greater housing starts. However, heightened macroeconomic uncertainty and significant competition from imported products pushed demand for domestic outdoor furniture down despite the economy reopening in 2021. Similarly, manufacturers have endured significant input price volatility, particularly impacting steel, wood and plastic prices. Manufacturers’ inability to pass down cost increases to buyers places downward pressure on profit, discouraging domestic production. These trends have caused demand for new outdoor furniture to shrink at an estimated CAGR of 6.8% to $1.7 billion through the end of 2024, including a 5.3% drop that year alone.Domestic producers struggle to compete with imported outdoor furniture. Many manufacturers have offshored operations, as it’s often more affordable to produce furniture in countries with fewer environmental and labor regulations, like China and Vietnam. Consumers have become increasingly price-sensitive, favoring more affordable, imported products despite their perceived lower quality. Significant levels of import penetration have prevented the domestic industry from growing, pushing domestic producers to manufacture higher-quality furniture to remain somewhat competitive. Over the coming years, the industry will benefit from a recovering global economy, including stabilizing inflation and weaker uncertainty. Demand for new outdoor furniture will rise as the residential construction sector recovers. The expected depreciation of the US dollar will benefit domestic producers by making imported products comparatively more affordable, although lower operating costs overseas will cause import penetration to remain high. As domestic manufacturers compete with imports for a slowing market, the number of producers will keep falling. Revenue is set to grow at an estimated CAGR of 1.1% to $1.8 billion through the end of 2029.

The global pellet and wood stove market, valued at $2953 million in 2025, is projected to experience steady growth, driven by increasing energy costs and a growing preference for sustainable and eco-friendly heating solutions. The 2.7% Compound Annual Growth Rate (CAGR) indicates a consistent expansion throughout the forecast period (2025-2033). This growth is fueled by several factors, including rising awareness of the environmental impact of traditional heating methods, government incentives promoting renewable energy adoption, and advancements in stove technology leading to improved efficiency and reduced emissions. Furthermore, the increasing popularity of off-grid living and the desire for energy independence are contributing to the market's expansion. Major players like MCZ, Edilkamin, and Jøtul Group are driving innovation through the development of technologically advanced stoves with features such as smart controls, improved air quality management, and aesthetically pleasing designs. The market is segmented by fuel type (pellet vs. wood), stove type (freestanding, insert, etc.), and geographic region, allowing for targeted marketing and product development strategies. While potential restraints include fluctuating raw material prices and stringent emission regulations in certain regions, the overall market outlook remains positive, particularly in regions with significant cold weather climates. The market's growth is expected to be particularly strong in North America and Europe, driven by established markets and growing environmental consciousness. Asia-Pacific is also projected to experience significant growth, albeit at a slightly slower pace, as awareness and adoption of pellet and wood stoves increase. Competition among manufacturers is intense, leading to product differentiation based on features, design, and price points. The long-term outlook for the pellet and wood stove market remains optimistic, with a continued shift towards sustainable and efficient heating options expected to propel further growth in the coming years. This trend is likely to be further accelerated by increasing concerns over energy security and the global transition toward renewable energy sources.