The US Lumber Producer Price Index demonstrates substantial volatility with an upward trajectory from 2005 to 2025. The index rose from 198.6 to 265.9, representing a total increase of 67.3 index points, or 33.9% over the twenty-year period. This translates to a compound annual growth rate of 1.5%, masking significant year-over-year fluctuations. The lowest point occurred in 2009 at 149.4, while the peak reached 347.0 in 2021. The most dramatic single movement unfolded between 2020 and 2021, when the index surged 39.8% from 248.2 to 347.0. This pronounced volatility reflects the cyclical nature of the lumber market, where supply chain constraints, housing demand shifts, and macroeconomic factors drive abrupt price swings even within a broader context of moderate long-term appreciation.
Get in touch and our analysts will be happy to help with custom market sizing, deeper segmentation, supplier detail or a bespoke study built for you.
Connect to an analyst →Price outlook to 2030
Claight forecast CLAIGHT VIEW
The Claight forecast extends us lumber producer price index toward its 10-year average of 250.913 using partial mean reversion (20% per year). Producer prices track input-cost cycles, capacity and demand; this is a baseline, not a point call.
Data table
| Year | index (1982=100) |
|---|---|
| 2005 | 198.6 |
| 2006 | 188.6 |
| 2007 | 174.7 |
| 2008 | 163.5 |
| 2009 | 149.4 |
| 2010 | 167.3 |
| 2011 | 166.6 |
| 2012 | 172.4 |
| 2013 | 198.7 |
| 2014 | 214.9 |
| 2015 | 199.3 |
| 2016 | 201.8 |
| 2017 | 217.2 |
| 2018 | 232.3 |
| 2019 | 210.4 |
| 2020 | 248.2 |
| 2021 | 347.0 |
| 2022 | 342.6 |
| 2023 | 257.5 |
| 2024 | 253.7 |
| 2025 | 265.9 |
Source: U.S. Bureau of Labor Statistics, Producer Price Index, accessed 2026-07-04. Licence: Public domain (U.S. government work). Claight analysis based on this data.