Throughout the timeline, hard sawn wood has had higher prices than any other type of timber. In 2022, its price amounted to 675 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 228 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 2022
(in U.S. dollars per cubic meter)
Characteristic
Hard logs
Hard sawnwood
Soft logs
Soft sawnwood
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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 9, 2023). Price of four different types of timber worldwide from 2005 to 2022 (in U.S. dollars per cubic meter) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1322994/global-timber-price-worldwide-by-type/
IMF. "Price of four different types of timber worldwide from 2005 to 2022 (in U.S. dollars per cubic meter)." Chart. February 9, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1322994/global-timber-price-worldwide-by-type/
IMF. (2023). Price of four different types of timber worldwide from 2005 to 2022 (in U.S. dollars per cubic meter). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1322994/global-timber-price-worldwide-by-type/
IMF. "Price of Four Different Types of Timber Worldwide from 2005 to 2022 (in U.S. Dollars per Cubic Meter)." Statista, Statista Inc., 9 Feb 2023, https://www.statista.com/statistics/1322994/global-timber-price-worldwide-by-type/
IMF, Price of four different types of timber worldwide from 2005 to 2022 (in U.S. dollars per cubic meter) Statista, https://www.statista.com/statistics/1322994/global-timber-price-worldwide-by-type/ (last visited July 27, 2024)
Price of four different types of timber worldwide from 2005 to 2022 (in U.S. dollars per cubic meter) [Graph], IMF, February 9, 2023. [Online]. Available: https://www.statista.com/statistics/1322994/global-timber-price-worldwide-by-type/