Low yield from plant material, typical and labor intensive process of extraction. These are all very few reasons of high costing of Agarwood Oil. Low grade of resinous wood is used for oil production normally require minimum 20kg to produce 12ml of oil.
According to Nabeel Adam Ali, the director of Swiss Arabian Perfumes, the highest-quality oudh, once upon a time, came from trees older than 100 years. Having said that, it doesn't mean that the new trees don't get a good fragrance but what is missing is the quality, the heritage and the tradition. Still, sales of oudh-based perfumes continue to grow each year, but to meet the demand, many perfumers have started to using a blend of natural and synthetic oud. (New York Times)
Mr. Ajmal estimates that roughly 20 years ago, a kilogram, or 2.2 pounds, of high-quality "e-grade" oud -- the entry-level grade among the best oud quality grades -- would cost about 1,800 dirhams, or $500.
Now, that same amount would cost 12,000 dirhams, he said, a staggering increase in price. For those who are willing to spend as much as 200,000 dirhams per kilogram, the highest-quality oudh is still available. But Mr. Ajmal said that at that price, the profit margins are slim. (New York Times)
It has been estimated to be 18.000 euros for one kilo from the current market price.It is basically used in Natural Perfumery for long lasting and for increased weight in Natural Perfumes.
Another reason of agarwood being expensive is a threat to becoming endangered. The most important resin-producing species of Aquilaria are A. agollocha, A. malaccensis and A. crassna. A. malaccensis is protected worldwide under the CITES (The Convention on International Trade in Endangered Species of Wild Fauna and Flora) convention as well as by the World Conservation Union, IUCN. A. crassna was listed as an endangered species few years back by the Vietnamese Government but is now listed as a protected species in Vietnam.
According to Nabeel Adam Ali, the director of Swiss Arabian Perfumes, the highest-quality oudh, once upon a time, came from trees older than 100 years. Having said that, it doesn't mean that the new trees don't get a good fragrance but what is missing is the quality, the heritage and the tradition. Still, sales of oudh-based perfumes continue to grow each year, but to meet the demand, many perfumers have started to using a blend of natural and synthetic oud. (New York Times)
Mr. Ajmal estimates that roughly 20 years ago, a kilogram, or 2.2 pounds, of high-quality "e-grade" oud -- the entry-level grade among the best oud quality grades -- would cost about 1,800 dirhams, or $500.
Now, that same amount would cost 12,000 dirhams, he said, a staggering increase in price. For those who are willing to spend as much as 200,000 dirhams per kilogram, the highest-quality oudh is still available. But Mr. Ajmal said that at that price, the profit margins are slim. (New York Times)
It has been estimated to be 18.000 euros for one kilo from the current market price.It is basically used in Natural Perfumery for long lasting and for increased weight in Natural Perfumes.
Another reason of agarwood being expensive is a threat to becoming endangered. The most important resin-producing species of Aquilaria are A. agollocha, A. malaccensis and A. crassna. A. malaccensis is protected worldwide under the CITES (The Convention on International Trade in Endangered Species of Wild Fauna and Flora) convention as well as by the World Conservation Union, IUCN. A. crassna was listed as an endangered species few years back by the Vietnamese Government but is now listed as a protected species in Vietnam.
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