the demand for agarwood far exceeds supply. A 2007 study revealed that supply rates are only 40% of the demand and a litre of agarwood oil can be sold for around $US10,000 – 14,000 on the market (Vietnam Chemical Technology Institute, 2007). Indeed agarwood is reputed to be the most expensive wood in the world and it is estimated that specialized buyers are prepared to pay as much as ten times more for this product.
Agarwood is exported in various forms (wood chips, powder, oil and as finished products such as perfumes, incense and medicines), and the main importers are countries in the Middle and Far East – in particular the United Arab Emirates and Saudi Arabia (where agarwood is known as oudh), as well as Hong Kong, Taiwan and Japan.
While agarwood trees are growing ,intercrops such as patchouli, sugandhmantri, turmeric, ginger etc can be grown .You can compare 9-10 years of cultivated agarwood cultivation to 25-30 years of teakwood or sandalwood cultivation with more income potential in case of the former.
A 10 year old tree may yield around 100 kgs of useful wood which can be graded as distillable, semi infected and resinous woods. The value of wood in the international market range from a few dollars a kilo for the lowest quality to over thousands of dollars for the top quality.
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