How much does a Agarwood tree cost?

The valuation of Agarwood is approximate Rs 5-6 lakh per kg, in India. In the international market, the price goes up by 2-3 times depending on the market.

How much is a kilo of Agarwood?

Agarwood is one of the most expensive raw materials used in perfumery, costing at least P160,000 per kilo in the Philippines.

Which country has the best Agarwood?

According to Professor Gishi Honda (Tokyo University – Japan), Aquilaria Crassna in Vietnam produces the best Agarwood (Oud) of the world. Aquilaria Crassna is fully grown in Indochina countries, including Vietnam, Laos, and Cambodia.

How can you tell if Agarwood is real?

Fake Agarwood is soaked with artificial scent in high pressure to produce the same smell. However, the colors are very dark and wood grains is not visible. The fake scent is very strong, pungent but scent retention time is not so long.

What does agarwood smell like?

So, then, what exactly does Agarwood smell like? While it does have a “woody” scent, what makes it so unusual are the notes of bright fruits and soft florals. But it doesn’t stop there! Also look (sniff) for notes of vanilla and musk.

Is it illegal to plant agarwood in Philippines?

The mold infection makes the tree produce a dark aromatic resin called aloes or agar in its heartwood. The fragrant resin is used to make incense, perfume, and medicinal products particularly in the Middle East and Asia. Selling of agarwood or lapnisan is illegal in the Philippines.

Is agarwood good?

The aroma of Agarwood is said to stimulate Qi, – the ‘vital force’ or ‘life energy’. In Ayurveda, Agarwood is used primarily for its warming qualities and for its deep effects on the mind when burnt as incense. The powdered heartwood is also used as a treatment of diarrhea, dysentery, vomiting and anorexia.

How much does a kilogram of agarwood cost?

A 2004 price survey of unprocessed Agarwood pieces found prices ranging from US$ 320 to US$ 22,700 per kilogram with the highest grades Agarwood selling for between US$ 9,000 to US$ 272,000 per kilogram. Demand for Agarwood products in the Middle East significantly exceeds Eastern Asia.

How long has Leon Wong been collecting agarwood?

Mr Leon Wong have been studying and collecting agarwood since 20 years, he have undergone real life training by various agarwood and aloeswood masters in Singapore and Vietnam. Till date, he have valuated and certified more than 10 million USD worth of agarwood aloeswood products around the world.

How big is the agarwood market in the Middle East?

Demand for Agarwood products in the Middle East significantly exceeds Eastern Asia. One well known Saudi Arabian Agarwood oud oil retailer specializing in oud (agar oil) has over 550 retail outlets across 17 countries with over 600,000 customers and is one of the world’s largest perfume retailers in a market worth US$ 3.3 billion a year.

Where is agarwood oil used in the world?

The agarwood oil is mainly used in the Arab world where it is in high demand. It is by far the most precious essential oil with prices reaching as much as ten times that of India sandalwood (Santalum Album) oil, the King of all Sandalwood.

How much does a Agarwood tree cost? The valuation of Agarwood is approximate Rs 5-6 lakh per kg, in India. In the international market, the price goes up by 2-3 times depending on the market. How much is a kilo of Agarwood? Agarwood is one of the most expensive raw materials used in perfumery, costing…