Demand for Agarwood products in the Middle East significantly exceeds Eastern Asia. This is according to an interesting video published on Business Insider , which we have embedded below for your viewing pleasure (hopefully it will work). September 2, 2020 by Sam Francis Leave a Comment Apparently, first-grade agarwood costs $100,000 per kilogram, which is almost twice the price of gold, currently at around $60,000 per kg. 10K likes. The impressive agarwood price 1kg come with active compounds extracted from the relevant plants to capture their scents and flavors. Also, one cannot ignore the biology of trees. Despite the skyrocketing prices, the demand for agarwood … Agarwood chips also acknowledged as oud are carved out by hand. Prices of Agarwood for medicinal use vary between US$ 3,000 to US$ 30,000 per kilogram and processed oil between US$ 7,000 to US$ 61,000 a litre. The average yield from single tree is approximately 4kgs. First-grade agarwood can cost as much as $100,000 per kilogram, making it one of the most expensive raw materials in the world. Initially-grade agarwood can price as substantially as $100,000 per kilogram. The yield from one Agarwood tree is 1,00,000 approximately. US$ 10,000 per kilogram for the wood itself (Abdin, 2014). This is very oily and full of aroma. Even the essential oil fetches similarly high prices of around US$ 30,000 per kg for high grade distilled agar oil while the wood itself is … In buy for the aquilaria tree to generate any agarwood, it should first develop into contaminated. Thickness: Customize. Global prices of agarwood chips can be ranging from US$30-$9000 per kg depending on its resin percentage . But they are not just used because they smell nice. Color: Dark Grey. However, adulteration of the oil and wood has led to a broad diversification in quality, allowing for prices as low as $100 per kilogram. Get contact details and address | ID: 22944329291 August 27, 2020 For thousands of years, agarwood has been known as "The Wood of the Gods." Even the essential oil fetches similarly high prices of around US$ 30,000 per kg for high grade distilled agar oil while the wood itself is worth upto US$10,000 . In. Agarwood, aloeswood, eaglewood or gharuwood is a fragrant dark resinous wood used in incense, perfume, and small carvings. Agarwood Philippines Official. Agarwood oil (also known as Oud or Aloes) is an essential oil which is an oil made from plant compounds, and the stuff that they use for massages and all that. For thousands of years, agarwood has been known as "The Wood of the Gods." Narrator: For thousands of years, agarwood has been known as “The Wood of the Gods.” First-grade agarwood can cost as much as $US100,000 per kilogram, making it one of the most expensive raw materials in the world. Quite a number of articles talk about how essential oils have medicinal and therapeutic benefits. Read about company. M.Timber Shop - Offering Dahnul Oud Agarwood Oil, For Medicine And Perfume, 10 Ml at Rs 20000/kg in Karimganj, Assam. The current price is 50,000.00 to 2,00,000 lakhs. Further, we are able to meet bulk orders of the clients and ensure timely delivery at the stipulated timeframe. Agarwood Essential oil : Benefits Agarwood oil owes its enormous healing potential to its unique and generous chemical structure, which gives it … Global agarwood prices can be ranging from US$ 20 – 6,000. per kilogram for the wood chips depending on its quality or. Type: Aloeswood / Agarwood Incense / Agar wood First-grade agarwood can cost as much as $100,000 per kilogram, making it one of the most expensive raw materials in the world. Find here Agarwood, Oud manufacturers, suppliers & exporters in India. About product and suppliers: Redefine your aromatherapy experience with the premium agarwood price 1kg available at unbeatable discounts on Alibaba.com. Approximately 20 species of Aquilaria produce Agarwood. There's a world of difference between the various grades of aloeswood. In an article published on Frontiers in Plant Science on July 16, 2019 (PMID: 31379890), it was reported that the price per kilogram of Agarwood can range from US$100 to … Agar Wood Oud Bukhoor. Agarwood is a billion dollar industry, in which the ever increasing price is attributed to the constantly growing demand in larger markets such as Middle- East, China, USA and Europe for chips, oil, carvings and incense products. Global prices of agarwood chips can be ranging from US$30-$9000 per kg depending on its resin percentage. A 2004 price survey of unprocessed Agarwood pieces was found ranging from US$ 320 to US$ 22,700 per kilogram with the highest grades selling for between US$ 9,000 to US$ 272,000 per kilogram. Agarwood, also known as oud, oodh or agar, is a dark resinous heartwood that forms in Aquilaria and Gyrinops trees. But for this tree to produce any agarwood, it must first become infected with mould. Large high quality pieces suitable for ornamental sculptures can sell for up to US$ 100,000 per kilogram. High quality agarwood, for example, can cost more than $30,000 per kilogram (~2.2 pounds), almost as much as gold. Mature sandalwood trees weigh around 100 kg, of which 20 kg is the aromatic heartwood, which in turn produces between 600-700ml of oil per tree. Even the essential oil fetches similarly high prices of around US$ 30,000 per kg for high grade distilled agar oil while the wood itself is worth upto US$10,000. 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