Throughout the timeline, hard sawn wood has had higher prices than any other type of timber. In 2023, its price amounted to 678 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 212 U.S. dollars per cubic meter. Meanwhile, lumber prices in the U.S. have fluctuated a lot since February 2020.
Price of four different types of timber worldwide from 2005 to 2023
(in U.S. dollars per cubic meter)
According to the source, these prices are representative of the timber prices worldwide. The prices for each type of segment comes from the following benchmarks:
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IMF. (February 29, 2024). Price of four different types of timber worldwide from 2005 to 2023 (in U.S. dollars per cubic meter) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1322994/global-timber-price-worldwide-by-type/
IMF. "Price of four different types of timber worldwide from 2005 to 2023 (in U.S. dollars per cubic meter)." Chart. February 29, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1322994/global-timber-price-worldwide-by-type/
IMF. (2024). Price of four different types of timber worldwide from 2005 to 2023 (in U.S. dollars per cubic meter). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1322994/global-timber-price-worldwide-by-type/
IMF. "Price of Four Different Types of Timber Worldwide from 2005 to 2023 (in U.S. Dollars per Cubic Meter)." Statista, Statista Inc., 29 Feb 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1322994/global-timber-price-worldwide-by-type/
IMF, Price of four different types of timber worldwide from 2005 to 2023 (in U.S. dollars per cubic meter) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1322994/global-timber-price-worldwide-by-type/ (last visited November 10, 2024)
Price of four different types of timber worldwide from 2005 to 2023 (in U.S. dollars per cubic meter) [Graph], IMF, February 29, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1322994/global-timber-price-worldwide-by-type/
