01 Industry overview
The timber industry at a glance
Industrial roundwood production reached 1.96 billion cubic metres in 2024, while wood-based panel production grew 5% to 393 million cubic metres as sawnwood stayed broadly flat. Trade reached $486 billion in 2024, and sawnwood demand stays anchored by the United States at 21% consumption share and China at 20% in 2024.
- 1.96B m³[19]
- Industrial roundwood production, 2024
- 445M m³[19]
- Global sawnwood production, 2024
- 393M m³[19]
- Wood-based panel production, 2024
- 21%[19]
- U.S. share of sawnwood consumption, 2024
- Market size
- Global trade in wood and paper products reached $486 billion in 2024, including $268 billion in primary wood and paper products. The broader timber market therefore spans logs, sawnwood, panels, pulp, paper and processed wood products.[19]
- Forecast & CAGR
- A commercial forecast estimates the global sawnwood market will increase by $26.45 billion from 2025 to 2030, representing a 3.5% compound annual growth rate. The forecast identifies modular and off-site timber construction as a growth driver.[63]
- Market share & regions
- Europe produced about 35% of global sawnwood in 2023, followed by Asia-Pacific at 29% and Northern America at 25%. In 2024, the United States was the largest sawnwood consumer at 21%, narrowly ahead of China at 20%.[64][19]
- Segmentation
- In 2024, global forest-product output included 445 million cubic metres of sawnwood, 393 million cubic metres of wood-based panels and 1.96 billion cubic metres of industrial roundwood. Panels comprised 113 million cubic metres of plywood and laminated veneer lumber and 280 million cubic metres of particle board, OSB and fibreboard.[19]
- Key players & concentration
- Production is geographically concentrated: the United States accounted for 17% of global sawnwood production in 2024, China for 14%, and Russia and Canada for 8% each. China was substantially more dominant in wood-based panels, producing 45% of global output.[19]
- Pricing
- U.S. Bureau of Labor Statistics data show the lumber producer-price index averaged 265.909 in 2025, using an index base of 1982=100. The index rose to 282.340 in September 2026, indicating continued price volatility rather than a stable commodity price.[58]
- Trends, drivers & challenges
- Global industrial roundwood production rose 2% to 1.96 billion cubic metres in 2024, while wood-based panels grew 5% to 393 million cubic metres. Demand is supported by construction, packaging and bioenergy, but producers face housing-cycle weakness, logistics costs, fibre availability constraints and wildfire, storm and pest risks.[19][40]
- Consumer behavior & competition
- The United States and China together represented 41% of global sawnwood consumption in 2024, while China alone represented 41% of wood-based-panel consumption. Competition is therefore shaped by large construction and manufacturing markets, with regional producers competing on fibre access, mill scale, logistics and engineered-product capacity.[19]
- M&A
- Rayonier completed its merger with PotlatchDeltic on January 30, 2026; the combined business owns more than 4 million acres of timberland and operates six sawmills plus an industrial-grade plywood mill. Builders FirstSource reported $1.1 billion of acquisitions completed during 2025.[65][18]
- Regulation
- The EU Deforestation Regulation covers wood and derived products and requires products placed on the EU market or exported from it to be deforestation-free and legally produced. The EU Timber Regulation is scheduled to be repealed when the deforestation-free-products regulation enters application on December 30, 2026.[66]
- Latest news
- Recent industry developments include the January 2026 Rayonier–PotlatchDeltic merger, Canadian OSB mill curtailments and new OSB capacity planned in the southern United States. Market commentary also reports permanent or indefinite closures linked to weak pulp and panel pricing and limited affordable fibre.[40][65]
02 Ranking
Top 10 Companies in the Timber Industry
The leading companies in the timber industry, ranked on market impact, performance, momentum, innovation and brand popularity.
Updated November 7, 2026 · Next review December 7, 2026
CMPC stands out for forestry and solid-wood operations across regions because it operates across Latin America and North America, while Sierra Pacific Industries focuses on U.S. timberlands and wood-products manufacturing since it operates timberlands, sawmills and wood-products manufacturing facilities in the United States.
Ranked by Overall score · How we score ↓
Editor's top 3 picks
Where to start, by need.
#1 Overall · Leader in forestry & solid wood
CMPC
CL
Ranked #1 · 9.3 · Forestry & solid wood
Why we picked it: Its forestry and solid-wood businesses span Latin America and North America, aligning with a regionally concentrated supply and demand map.
Leader in timberlands & sawmills
Sierra Pacific Industries
US
Ranked #2 · 9.2 · Timberlands & sawmills
Why we picked it: Its U.S. operating base matches a 2024 pattern where the United States consumed 21% of global sawnwood.
Leader in timber & wood products
Weyerhaeuser
US
Ranked #3 · 9.0 · Timber & wood products
Why we picked it: It combines large U.S. timberland control with an operating margin of 10.6% and participates in wood-products manufacturing.
Pick 1 is the #1 company overall. Picks 2 and 3 are the highest-ranked companies in the top 5 that add a new segment.
Full ranking
| # | Company | Overall ↓ | Impact | Performance | Momentum | Innovation | Company snapshot |
|---|---|---|---|---|---|---|---|
| 1 | CMPC Forestry & solid wood · CL | 9.3 | 8.9 | 9.2 | 9.9 | 9.3 | |
Company snapshot · CMPC · Data as of November 7, 2026 Operates forestry and solid-wood businesses across Latin America and North America.[67]
| |||||||
| 2 | Sierra Pacific Industries Timberlands & sawmills · US | 9.2 | 8.5 | 9.6 | 9.9 | 9.3 | |
Company snapshot · Sierra Pacific Industries · Data as of November 7, 2026 Operates timberlands, sawmills and wood-products manufacturing facilities in the United States.[68]
| |||||||
| 3 | Weyerhaeuser Timber & wood products · US | 9.0 | 9.7 | 8.0 | 8.8 | 9.3 | |
Company snapshot · Weyerhaeuser · Data as of November 7, 2026 Owns or controls over 10 million U.S. timberland acres and makes wood products.[18]
| |||||||
| 4 | Stora Enso Engineered wood · FI | 8.9 | 9.9 | 8.1 | 9.0 | 7.8 | |
Company snapshot · Stora Enso · Data as of November 7, 2026 Produces wood products and building solutions within a global renewable-materials group.[69]
| |||||||
| 5 | Binderholz Mass timber products · AT | 8.9 | 8.5 | 9.2 | 9.0 | 9.3 | |
Company snapshot · Binderholz · Data as of November 7, 2026 Produces solid wood, glued laminated timber and cross-laminated timber products.[70]
| |||||||
| 6 | EGGER Wood-based panels and sawn timber, global · AT | 8.8 | 8.5 | 8.0 | 9.0 | 9.9 | |
Company snapshot · EGGER · Data as of November 7, 2026 Manufactures wood-based panels, flooring and sawn timber across international production sites.[71]
| |||||||
| 7 | UPM Forestry, plywood and sawn timber, global · FI | 8.7 | 9.9 | 7.7 | 8.4 | 7.8 | |
Company snapshot · UPM · Data as of November 7, 2026 Owns or leases 1.094 million hectares and sold 1.1 million cubic metres of sawn timber.[62]
| |||||||
| 8 | Metsä Group Forest supply, sawn timber and engineered wood · FI | 8.7 | 9.1 | 7.4 | 8.8 | 9.3 | |
Company snapshot · Metsä Group · Data as of November 7, 2026 Its Wood Products business sells engineered wood, plywood and further-processed sawn timber.[13]
| |||||||
| 9 | Holmen Forest ownership and wood products, Sweden · SE | 8.5 | 8.5 | 8.2 | 8.2 | 9.3 | |
Company snapshot · Holmen · Data as of November 7, 2026 Owns forests and produces sawn timber and construction wood products in Sweden.[72]
| |||||||
| 10 | Georgia-Pacific Lumber, panels and engineered wood, North America · US | 8.4 | 8.5 | 8.3 | 8.5 | 8.0 | |
Company snapshot · Georgia-Pacific · Data as of November 7, 2026 Manufactures lumber, plywood, oriented strand board and other wood products in North America.[68]
| |||||||
How we score
- Impact (30%): scale and weight in the market (revenue, market share, employees, market position).
- Performance (20%): recent revenue growth and operating margin; an analyst assessment where a company does not publish them.
- Momentum (20%): growth trajectory and future potential.
- Innovation (15%): R&D intensity and how technologically advanced the company is.
Popularity (brand search demand, 15%) counts toward Overall but is not published as a column. Overall leaves out what is not known.
Scale Scores are shown on a 7–10 scale with one decimal; bars start at 7.0.
Cadence Recalculated when new figures are published; next review December 7, 2026.
Independence. Rankings are editorially independent. Scores, ranks, picks and the verdict follow the method above; no company can pay to change them.
Cite this ranking
APA
Nathan Caldwell. (2026, February 27). Top 10 companies in the timber industry. In Timber Industry Statistics. Gitnux. https://gitnux.org/timber-industry-statistics/#top-companies
03 Trends & forecasts
Top 10 Timber Industry Trends & Forecasts 2027
What is changing in the timber industry, with the evidence behind each trend and a forecast for 2027.
Forecasts were generated by an AI model from the cited evidence. They are estimates, not guarantees.
01Roundwood production continues recovering
High confidenceGlobal industrial roundwood production rose 2% in 2024 to 1.956 billion m³, according to FAO. The increase followed a decline in 2023 and indicates a gradual recovery in fibre supply and harvesting activity.[19]
Forecast 2027: Industrial roundwood output should increase modestly in 2027, probably by around 1–3%, as construction, panels, pulp and bioenergy demand improve. Growth will remain constrained by fibre availability and environmental restrictions.
02Sawnwood output remains broadly flat
High confidenceGlobal sawnwood production was 445 million m³ in 2024, essentially unchanged from 2023 and 8% below 2020 levels. Sawnwood therefore continues to recover more slowly than panels and other forest products.[19]
Forecast 2027: Sawnwood production should post a limited recovery in 2027, likely below the growth rate of panels. Housing affordability, high interest rates and uneven repair-and-remodelling demand will restrain the rebound.
03Wood panels keep outpacing sawnwood
High confidenceGlobal wood-based-panel production increased 5% in 2024 to 393 million m³, while sawnwood production was flat at 445 million m³. Panel production was also 8% above its 2020 level, compared with sawnwood being 8% below it.[19]
Forecast 2027: Panels should remain the faster-growing major timber segment in 2027, supported by furniture, renovation, packaging and industrialised construction. Capacity additions will be concentrated in large Asian and North American markets.
04Plywood and LVL demand strengthens
High confidenceGlobal plywood and laminated veneer lumber production rose 4% in 2024 to 113 million m³ and was 2% above 2020. The segment is benefiting from applications requiring structural performance and dimensional stability.[19]
Forecast 2027: Plywood and LVL output should expand moderately in 2027 as engineered structural products gain share in construction and prefabrication. Growth will be positive but slower than the strongest panel subsegments because of housing-cycle exposure.
05Commodity panels expand faster
High confidenceProduction of particle board, OSB and fibreboard increased 5% in 2024 to 280 million m³ and was 11% above 2020. These products accounted for roughly 71% of global wood-based-panel output in 2024.[19]
Forecast 2027: Commodity-panel production should continue growing in 2027, but regional oversupply will keep utilisation uneven. OSB and fibreboard should benefit from construction recovery while weaker mills remain vulnerable to curtailments.
06Forest-product trade stabilizes
High confidenceGlobal trade in wood and paper products reached $486 billion in 2024, up 1% from 2023, while primary wood and paper products reached $268 billion, up 2%. The stabilization followed a sharper contraction in 2023.[19]
Forecast 2027: Trade value should rise modestly in 2027 as volumes recover, but gains will be limited by freight costs, regional trade barriers and continued uncertainty in construction markets. Higher-value processed wood products should outperform raw-material trade.
07U.S. and China anchor consumption
High confidenceThe United States accounted for 21% of global sawnwood consumption in 2024 and China for 20%, together representing 41% of the world total. Both markets therefore exert disproportionate influence on global timber demand and pricing.[19]
Forecast 2027: In 2027, global producers will continue prioritising U.S. and Chinese demand signals. The U.S. should provide the clearer cyclical upside if housing improves, while China’s contribution will depend more on property, furniture and manufacturing conditions.
08China retains panel dominance
High confidenceChina produced 45% of global wood-based panels in 2024 and consumed 41% of global panel output. This concentration gives Chinese manufacturers a major scale and cost advantage in plywood, fibreboard, particle board and related products.[19]
Forecast 2027: China should remain the dominant panel producer and consumer in 2027, although export competition may intensify if domestic construction stays weak. Producers elsewhere will focus on specialty panels, shorter supply chains and certified products rather than matching Chinese scale.
09Lumber prices remain volatile
High confidenceThe U.S. producer-price index for lumber averaged 265.909 in 2025, using a 1982=100 base, and reached 282.340 in September 2026. The recent increase shows that lumber pricing remains sensitive to demand, capacity decisions, fibre costs and logistics.[73]
Forecast 2027: Lumber prices should remain volatile in 2027 rather than follow a smooth trend. A housing recovery could lift prices, but new capacity, mill curtailments and variable repair-and-remodelling demand will produce substantial regional differences.
10EUDR compliance reshapes supply chains
High confidenceThe EU Deforestation Regulation applies to wood and derived products and requires operators to demonstrate that products are deforestation-free and legally produced. Its main obligations begin on December 30, 2026 for large and medium-sized operators, while most micro and small operators face application from June 30, 2027.[66]
Forecast 2027: By 2027, traceability, geolocation and due-diligence systems will be standard requirements for timber sold into the EU. Smaller exporters may consolidate, switch to lower-risk certified supply, or reduce EU exposure because of compliance costs.
04 Statistics
Technology & Innovation
Adoption varies widely by task and geography, from fully mechanized whole-tree harvesting crews in Georgia and Florida at over 90% in 2022 to limited digitalization at 4.2% in 2022 in Vietnam.
Automation in the timber industry
- 77% of Georgia logging businesses used feller-buncher and grapple-skidder systems without chipping in 2022.[1]
- 5.5% of U.S. wood-products companies used robotics in production processes during 2020–2022.[2]
- Over 90% of logging businesses in Georgia and Florida used fully mechanized whole-tree harvesting crews in 2022.[3]
- 6.1% of Canadian wood-product manufacturing businesses had adopted robotics technologies in 2022.[4]
Digital transformation in the timber industry
- 20% of Vietnamese wood enterprises had not undertaken any digital-transformation activity in 2022.[5]
- 54.2% of Vietnamese wood enterprises had not implemented digital-transformation activities in human resources in 2022.[5]
- 4.2% of Vietnamese wood enterprises had digitized their entire process in 2022.[5]
- More than 56% of Vietnamese wood enterprises had only partially digitized their operations in 2022.[5]
Technology in the timber industry
- 6.7% of surveyed U.S. primary wood-products companies had an Industry 4.0 strategy in 2021.[6]
- 77% of surveyed U.S. primary wood-products companies did not recognize the terms Industry 4.0 or smart manufacturing in 2021.[6]
- Only a very small group of surveyed U.S. primary wood-products companies had implemented robotics in 2021.[6]
Blockchain in the timber industry
- 32 of 66 timber-sector respondents reported using logical orders with geodata for tracking and tracing.[7]
- 49% of timber-sector survey respondents welcomed more supply-chain transparency based on their work experience.[7]
- 31 of 66 timber-sector respondents reported using color marks for tracking and tracing timber.[7]
- 18 of 66 timber-sector respondents reported using QR codes for timber tracking and tracing.[7]
Innovation in the timber industry
- 0.58% of Australia’s total business R&D expenditure came from the forest and wood-products sector in 2017–18.[8]
- 53% of surveyed U.S. hardwood sawmills identified lumber sorting as a planned capital-improvement area.[9]
- $101.9 million was spent on business R&D in Australia’s forest and wood-products sector in 2017–18.[8]
05 Statistics
Data & Analytics
Operators use business-intelligence and structured data models to cut reporting cycles, including 20 days to replace manual forestry reports with real-time dashboards in 2025.
Business intelligence in the timber industry
- 9 end-user reports were created by the Finnish sawmill corporation’s business-intelligence implementation.[10]
- 14 of 16 data-management requirements were achieved by a business-intelligence system implemented at a Finnish sawmill corporation.[10]
- 20 days were required for the Council of Forest Industries to replace manual forestry reports with real-time dashboards in 2025.[11]
Data analytics in the timber industry
- 4 sections organize the Datacube’s timber-industry data: prices, exports, economic surveys and production volumes.[12]
- 1 comprehensive dataset was used with machine learning to optimise log grading and sawing at Metsä Fibre’s Rauma sawmill.[13]
- More than 100,000 timber-industry datasets per year are held in Holzkurier’s Datacube.[12]
- 3D scanning was used to estimate the potential yield of each log in Sequal Lumber’s sawmill sorting process.[14]
- 20 sorting bins were used in Sequal Lumber’s sawmill digital-twin case study, including 2 bins reserved for scrap.[14]
Data quality in the timber industry
- 5 data types were identified by respondents at a UK forestry company: map-based, photographic, KPI reports, business and financial data, and structured database data.[15]
- 1 large UK forestry company was assessed as being in the early-to-mid stages of data maturity, with data adequacy and reliability identified as obstacles to extracting insights.[15]
Data governance in the timber industry
- 15 operating units and nearly 900 employees were covered by a Finnish sawmill corporation’s data-management and business-intelligence implementation.[10]
- 1 centralised enterprise data warehouse was recommended to support strategic and operational decision-making in a Finnish sawmill corporation’s timber supply chain.[10]
KPIs in the timber industry
- 20 days were required for the Council of Forest Industries to replace spreadsheet-based reporting with real-time dashboards for British Columbia’s forest industry.[11]
- 5 operational areas were identified for indicator tracking in a survey of Chilean sawmills: raw materials, sawmilling, drying, planing, and maintenance.[16]
- 4 major production indexes are used to track U.S. forest-products activity.[17]
- 5 years of annual capacity, production and sales-volume data are reported for Boise Cascade’s principal wood products for 2020–2024.[18]
06 Statistics
Strategy & Growth
Growth is not uniform across forest products: wood-based panels increased 5% in 2024 to 393 million cubic metres, while global wood-pulp production rose 3% to 189 million tonnes.
Growth in the timber industry
- 5% was the year-on-year growth in global wood-based-panel production in 2024, reaching 393 million cubic metres.[19]
- 4% was the year-on-year growth in global paper and paperboard production in 2024, reaching 423 million tonnes.[19]
- $6.2 billion was West Fraser’s 2024 sales, with $673 million of adjusted EBITDA.[20]
- 3% was the year-on-year growth in global wood-pulp production in 2024, reaching 189 million tonnes.[19]
Differentiation in the timber industry
- $378 million, or 6% of West Fraser’s 2024 sales, came from pulp and paper in 2024.[20]
- $453 million, or 7% of West Fraser’s 2024 sales, came from European engineered wood products.[20]
- $2.794 billion, or 45% of West Fraser’s 2024 sales, came from North American engineered wood products.[20]
- $2.550 billion, or 41% of West Fraser’s 2024 sales, came from lumber.[20]
Mergers and acquisitions in the timber industry
- 40,800 productive acres of Pacific Northwest timberland were acquired by Campbell Global-led investors in 2024.[21]
- $23.7 million was the total consideration paid by Star Equity Holdings for Timber Technologies and Timber Properties in 2024.[18]
- 16,000 acres of New Brunswick timberland were acquired by Acadian Timber for $9.0 million in 2024.[22]
- 84,000 acres of Alabama timberlands were acquired by Weyerhaeuser for approximately $244 million in 2024.[23]
Strategic partnerships in the timber industry
- 68 sponsors supported FSC-verified ecosystem-services impacts in 2024.[24]
- 355 FSC staff and additional staff worked across more than 40 countries in 2024.[24]
- Millions of additional acres of publicly owned Canadian land were collaboratively managed by Weyerhaeuser under long-term licenses in 2024.[25]
- More than 5 million acres had been managed worldwide by Campbell Global for institutional investors since inception by 2024.[21]
07 Statistics
People & Workforce
Workforce pressure shows up in hiring and turnover, with 41% vacancy rate reported in a U.S. Forest Service timber-related program in May 2025 and 19.6% median employee turnover among Idaho sawmills.
Hiring in the timber industry
- 41% was the vacancy rate reported in another U.S. Forest Service timber-related program in May 2025.[26]
- 75% of Oregon wood-products employers who identified hiring as a labor-shortage reason reported that applicants lacked the right technical skills.[27]
- 100% of Oregon wood-products employers who identified hiring as a labor-shortage reason reported that applicants lacked basic suitability for the job.[27]
- 100% of Oregon wood-products employers who identified hiring as a labor-shortage reason reported that applicants lacked needed work experience.[27]
- 50% of surveyed Oregon wood-products employers cited too few applications or lack of applicant interest as a hiring challenge.[27]
Employee retention in the timber industry
- 38% of surveyed Tennessee hardwood sawmills reported recurring problems with employee turnover.[28]
- 19.6% was the median employee turnover rate among Idaho sawmills in the workforce survey period.[29]
- 32.9% was the average employee turnover rate among Idaho sawmills in the workforce survey period.[29]
Upskilling in the timber industry
- 100% of Oregon wood and forest-product businesses cited industry, business or professional organizations as training resources.[27]
- 77% of Oregon wood and forest-product businesses cited on-the-job training as a workforce-training resource.[27]
- 86.9% of surveyed woodworking companies reported cross-training employees.[30]
- 64.3% of surveyed Pennsylvania logging companies and loggers provided or received formal logging training.[31]
- 50% of surveyed Oregon wood-products employers reported difficulty motivating employees to participate in reskilling and upskilling programs.[27]
08 Statistics
Customer & Sales
Buying behavior is strongly linked to lumber quality, with 64% of dissatisfied U.S. hardwood lumber users citing lumber quality as the most common dissatisfaction reason.
Customer experience in the timber industry
- 2.9 out of 3 was the average importance rating for product quality among surveyed wood-product retail centers.[33]
- 64% of dissatisfied U.S. hardwood lumber users cited lumber quality as their most common reason for dissatisfaction.[34]
- 11% of surveyed U.S. hardwood lumber users were satisfied with all aspects of their lumber purchasing experience.[34]
- 2.9 out of 3 was the average importance rating for fair prices among surveyed wood-product retail centers.[33]
Customer acquisition in the timber industry
- 583% was the increase in Google Ads form submissions achieved by Beiler’s Sawmill during the reported case-study period.[35]
- 78% was the increase in lead-form submissions achieved by Beiler’s Sawmill during the first six months of a digital-marketing program.[35]
- 150% was the increase in conversions achieved by Norwood Sawmills after implementing geotargeted PPC campaigns and customized landing pages.[36]
Customer loyalty in the timber industry
Lead generation in the timber industry
- 782% was the increase in conversions achieved by Frontier Sawmills after implementing smart bidding, international expansion and customized landing pages.[36]
- 24% was the increase in phone calls achieved by Beiler’s Sawmill during the first six months of a digital-marketing program.[35]
- 337% was the increase in PPC-ad calls achieved by Beiler’s Sawmill during the reported case-study period.[35]
- 23% was the increase in social-media form submissions achieved by Beiler’s Sawmill during the reported case-study period.[35]
09 Statistics
Marketing & Brand
Brand and exposure objectives remain visible in social media use, where 88.1% of U.S. respondents used social media and 54.4% used it to gather information about wood products before purchase.
Marketing in the timber industry
- 74% of U.S. millennials surveyed in 2018 were unaware of cross-laminated timber.[38]
- 40% of surveyed Austrian small and medium-sized sawmills had implemented digitalization projects involving new internet-based marketing and sales concepts.[39]
- 84% of U.S. millennials surveyed in 2018 perceived wood as beautiful.[38]
- 51% of U.S. millennials surveyed in 2018 identified lumber as the most popular wood product.[38]
- 71% of U.S. millennials surveyed in 2018 identified paper and pulp as the most popular wood product.[38]
Digital marketing in the timber industry
- 40% of surveyed Austrian small and medium-sized sawmills reported digitalization projects involving new concepts for marketing and sales using the internet.[39]
- 45% of Austrian small and medium-sized sawmills surveyed had computer-supported production programs.[39]
- 71% of Austrian small and medium-sized sawmills surveyed had their own website.[39]
- 6% of surveyed Austrian small and medium-sized sawmills had a cross-business digitalization strategy.[39]
- 68% of Austrian small and medium-sized sawmills surveyed used a simple enterprise-resource-planning system.[39]
Branding in the timber industry
- 1.9 was the global importance score for style, design and fashion as a purchase motivator for wooden products in 2021.[40]
- 5.2 out of 7 was the importance rating given to product branding by surveyed Pacific Northwest hardwood manufacturers.[41]
- 0.7 was the global importance score for brand as a purchase motivator for wooden products in 2021.[40]
10 Statistics
Operations & Execution
Execution gaps show up in both throughput and logistics conditions, with U.S. South logs commonly transported to mills within a 50–75-mile radius and technical efficiency averaging 85% among Oregon sawmills in a study through 2017.
Process optimization in the timber industry
- 7% of surveyed Austrian small and medium-sized sawmills used computer-supported production software.[39]
- 34% of surveyed Austrian small and medium-sized sawmills had machines operated through a digital interface.[39]
- 3% of surveyed Austrian small and medium-sized sawmills had implemented app-related digitalization projects.[39]
- 21% of surveyed Austrian small and medium-sized sawmills used computer-operated machines.[39]
Operational efficiency in the timber industry
- In 2017, the most efficient Oregon sawmills produced 32% more lumber than the average mill.[1]
- Overall technical efficiency among Oregon sawmills averaged 85% in a study covering 146 mills and four survey years through 2017.[1]
- In 2017, the most efficient Oregon sawmills processed 18% more sawlogs than the average mill.[1]
- In 2017, the most efficient Oregon sawmills used 14% fewer employees than the average mill.[1]
Supply chain in the timber industry
- 6.0% of materials costs at one timber-trading company were incurred under FOB delivery terms during the six months ended December 31, 2025.[18]
- 4.5% of materials costs at one timber-trading company were incurred under CNF delivery terms during the six months ended December 31, 2025.[18]
- 89.6% of materials costs at one timber-trading company were incurred under yard-delivery terms during the six months ended December 31, 2025.[18]
- U.S. South timber prices are primarily local, with logs commonly transported to mills within a 50–75-mile radius.[42]
Outsourcing in the timber industry
- 27% was the typical average cost share of third-party services among Swiss forestry firms producing timber.[43]
- More than 90% of wood-production activities could be outsourced by some Swiss forestry firms.[43]
- 30% of planting was carried out by Swedish forest owners themselves in 2017.[39]
- About 10% of harvesting was carried out by Swedish forest owners themselves in 2017.[39]
11 Statistics
Finance & Pricing
Lumber pricing remains volatile: the lumber producer-price index averaged 265.909 in 2025 and rose to 282.340 in September 2026.
Pricing strategy in the timber industry
- Southern U.S. hardwood sawtimber prices reached approximately $35 per ton in the third quarter of 2024.[42]
- Southern U.S. pine chip-n-saw prices declined $0.60 per ton, or 3%, in the third quarter of 2024.[42]
- Southern U.S. pine sawtimber prices fell more than $2 per ton, or 9%, in the third quarter of 2024.[42]
- Southern U.S. pine and hardwood pulpwood prices were approximately $7–$8 per ton in the third quarter of 2024.[42]
Cost reduction in the timber industry
- Trucking represented 17% of estimated logging costs in the U.S. Lake States region.[44]
- Logging operating costs in the U.S. Lake States decreased approximately 3% year over year in the first quarter of 2024.[44]
- Fuel represented 23% of estimated logging costs in the U.S. Lake States region.[44]
- Employee wages represented 38% of estimated logging costs in the U.S. Lake States region.[44]
Profitability in the timber industry
- 20% of surveyed U.S. logging businesses reported break-even financial performance in 2024.[45]
- 45% of surveyed U.S. logging businesses were either break-even or loss-making in 2024.[45]
- 25% of surveyed U.S. logging businesses reported operating at a loss in 2024.[45]
- 45% of surveyed U.S. logging businesses operated below 70% utilization in 2024.[45]
Financial planning in the timber industry
- More than half of U.S. timberland transaction acreage in 2024 was located in the South.[46]
- U.S. timberland transactions covered an estimated 1.0 million acres in 2024.[46]
- Projected lower diesel costs were expected to reduce logging costs in the U.S. South by approximately 5%.[46]
- Average U.S. timberland transaction prices were $2,218 per acre in 2024, down 1% from the prior year.[46]
12 Statistics
Product & Service
Panel and engineered outputs underpin capacity differences, including 393 million cubic metres of wood-based panels in 2024 and 113 million cubic metres of plywood and laminated veneer lumber.
Product development in the timber industry
- 19.97 million m³ of structural panels were produced by the U.S. wood industry in 2023.[17]
- 122.8 million linear metres of I-joists were manufactured by the U.S. wood industry in 2023.[17]
- 1.78 million m³ of laminated veneer lumber was manufactured by the U.S. wood industry in 2023.[17]
- 350.4 thousand m³ of glued laminated timber was manufactured by the U.S. wood industry in 2023.[17]
Product lifecycle in the timber industry
Value proposition in the timber industry
- 5.7 was the global importance score for protecting plants and animals where wood or paper comes from as a purchase motivator in 2021.[40]
- 75% of Boise Cascade’s engineered-wood-product sales volume went to building-material distributors in the United States in 2024.[18]
- 50% of Boise Cascade’s plywood sales volume went to building-material distributors in the United States in 2024.[18]
- $162.5 billion was the U.S. forest-products industry’s direct economic contribution in 2022.[17]
- 5.6 was the global importance score for sourcing from responsibly managed forests as a purchase motivator for wooden products in 2021.[40]
13 Statistics
Sustainability & Ethics
Certification coverage is broad across listed timber-construction companies, with 89% having wood or forestry certifications such as FSC, SFI or PEFC in 2026.
Sustainability in the timber industry
- 83% of 72 listed timber-construction companies had ISO or similar management and supply-chain certifications in 2026.[48]
- 3,655,715 tonnes CO₂e were the UK timber industry’s imported embodied emissions from processing wood products in countries of origin.[49]
- 1,575,356 tonnes CO₂e were the UK timber industry’s territorial emissions, excluding paper, cardboard, pulp and imported biomass.[49]
- 89% of 72 listed timber-construction companies had wood or forestry certifications such as FSC, SFI or PEFC in 2026.[48]
ESG in the timber industry
- 100 timber and pulp producers, processors and traders were assessed for public ESG disclosure in SPOTT’s latest assessment.[50]
- 43.3 was the average ESG Timber Score across 72 listed timber-construction companies in 2026.[48]
- 40 was the median ESG Timber Score across 72 listed timber-construction companies in 2026.[48]
- 37.1% was the average ESG-policy-transparency score for 100 leading tropical timber and pulp companies in 2017.[51]
- The ESG Timber Score ranged from 6 to 91 across 72 listed timber-construction companies in 2026.[48]
Ethics in the timber industry
- 29.5% of the world’s 100 largest timber and pulp companies had commitments to free, prior and informed consent in 2024.[51]
- 20.8% of the world’s 100 largest timber and pulp companies had commitments to free, prior and informed consent in 2017.[51]
- 7.4% of the world’s 100 largest timber and pulp companies publicly disclosed details of their free, prior and informed-consent processes in 2024.[51]
- 12.5% of the world’s 100 largest timber and pulp companies publicly disclosed details of their free, prior and informed-consent processes in 2017.[51]
CSR in the timber industry
- 21% of the world’s 100 largest timber and pulp companies had time-bound commitments to reduce greenhouse-gas intensity in 2017.[51]
- 69% of Global Timber’s tropical timber sold was certified in 2024.[52]
- 33% of the world’s 100 largest timber and pulp companies published comprehensive sustainability policies in 2024.[51]
- 54.2% of the world’s 100 largest timber and pulp companies published comprehensive sustainability policies in 2017.[51]
- 57.7% of Global Timber’s total sales came from certified sustainable sources in 2023.[52]
Circular economy in the timber industry
- 48% of separately collected European wood waste was recycled in the latest assessment.[53]
- 48.3 million metric tons of wood waste were generated in 2020 across the activities covered by the European wood-waste analysis.[54]
- 62.8 million metric tons of wood waste were generated in 2004 across the activities covered by the European wood-waste analysis.[54]
- 76.8% of post-consumer waste wood collected for recycling in 2023 came from Europe, according to FAO statistics cited in a review.[7]
- 48–50 million metric tons of wood waste were separately collected in Europe, but only 48% was recycled in the latest assessment.[53]
Carbon footprint in the timber industry
- 1.38 metric tons CO₂e per metric ton of production was the global forest-products value-chain emissions intensity in 2022.[55]
- 21% of global forest-products value-chain emissions came from landfilled products at end of life in 2022.[55]
- 27% of global forest-products value-chain emissions came from purchased electricity and steam in 2022.[55]
- 1,175 million metric tons CO₂e were emitted across the global forest-products industry value chain in 2022.[55]
14 Statistics
Risk, Compliance & Legal
Cyber risk also appears in the sector, including an International Paper mill shut down after a cyberattack in 2024 and a German sawmill operation reported as suffering a cyberattack on April 17, 2025.
Compliance in the timber industry
- 159,515,626 hectares of forest were FSC-certified globally in 2024.[24]
- 63,832 FSC chain-of-custody certificates were recorded globally in 2024.[24]
- More than 29,800 companies benefited from PEFC chain-of-custody certification worldwide in 2024.[56]
- 297,216,555 hectares of forest were PEFC-certified worldwide at 31 December 2024.[56]
Risk management in the timber industry
- 426 total work-related injuries were recorded in Ontario’s sawmill sector in 2024.[57]
- 8.12 injuries per 100 workers were recorded in Ontario’s sawmill sector in 2024.[57]
- 14 fatal occupational injuries were recorded in U.S. sawmills and wood preservation in 2024.[58]
- 142 lost-time injuries were recorded in Ontario’s sawmill sector in 2024.[57]
Cybersecurity in the timber industry
Governance in the timber industry
- 100 leading tropical timber and pulp companies were assessed for public ESG disclosure by SPOTT in 2024.[50]
- 24.1% was the average SPOTT transparency score for 100 leading timber and pulp companies in 2024.[51]
- 37.1% was the average SPOTT transparency score for the assessed timber and pulp companies in 2017.[51]
- Only 9 of 93 assessed timber and pulp companies reported procedures tracing supply to forest management units in 2024.[51]
15 Statistics
Globalization & Expansion
Cross-border flows are large and concentrated, with 129 million cubic metres of sawnwood exported globally in 2024 and the United States buying 19% of global sawnwood imports.
Globalization in the timber industry
- $486 billion was the value of global exports of wood and paper products in 2024.[19]
- 129 million cubic metres of sawnwood were exported globally in 2024.[19]
- 1.96 billion cubic metres of industrial roundwood were produced globally in 2024.[19]
- China accounted for 15% of global wood and paper product exports in 2024.[19]
- The United States accounted for 15% of global wood and paper product imports in 2024.[19]
Cultural adaptation in the timber industry
- 33 international stakeholder members participated in PEFC in 2024.[56]
- 49 countries had national forest certification systems endorsed by PEFC at 31 December 2024.[56]
- 57 countries were represented by PEFC national members in 2024.[56]
- 46 countries had PEFC-certified forest hectares at 31 December 2024.[56]
Supplier management in the timber industry
- 82% of surveyed organizations identified procurement stakeholders as supportive of supplier-management programmes in 2024.[61]
- 29,800+ companies worldwide benefited from PEFC chain-of-custody certification in 2024.[56]
- 23,000 B2B suppliers provided materials and services to UPM globally in 2024.[62]
- 91% of UPM’s supplier spend was covered by its Supplier Code in 2024.[62]
- 23.3 million tonnes of wood were purchased by UPM in 2024.[62]
Stakeholder management in the timber industry
- 12,341,277 hectares of community and family forests were FSC-certified in 2024.[24]
- 146 FSC community forest-management certificates were recorded globally in 2024.[24]
- 87 FSC ecosystem-services certificates covered 3,640,162 hectares in 2024.[24]
- 613 FSC forest-management certificates were held by small forests, communities or Indigenous Peoples in 2024.[24]
Distribution channels in the timber industry
- 37% of global industrial-roundwood imports were purchased by China in 2024.[19]
- 19% of global sawnwood imports were purchased by the United States in 2024.[19]
- West Fraser sold lumber in 2024 to customers in the United States, Canada, Japan, China and other offshore markets.[20]
- 29% of global wood-pellet, briquette and agglomerate imports were purchased by the United Kingdom in 2024.[19]
- 23% of global sawnwood imports were purchased by China in 2024.[19]
Key questions about the Timber Industry
What is the scale of the timber industry trade market?
How fast is the sawnwood market expected to grow?
Which companies lead the timber industry?
Where is technology changing timber-sector operations most?
What does concentration look like in timber production and consumption?
How does EU regulation affect wood product supply chains?
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Nathan Caldwell. (2026, February 27). Timber Industry Statistics. Gitnux. https://gitnux.org/timber-industry-statistics
Nathan Caldwell. "Timber Industry Statistics." Gitnux, 27 Feb 2026, https://gitnux.org/timber-industry-statistics.
Nathan Caldwell. 2026. "Timber Industry Statistics." Gitnux. https://gitnux.org/timber-industry-statistics.
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Social media in the timber industry