Further orders depend on the price and quality of the product. Also, one cannot ignore the biology of trees. Agarwood is a fragrant dark resinous wood and is used as incense, perfume ingredient, and also in small carvings. As per the rules, the export of Agarwood is restricted and is allowed only under licence and shall also be regulated according to the rules notified under the Biological (Diversity) Act, 2002. In 2010, the price for superior pure material was as high as $100,000 / kg. The resin-embedded wood is valued in Arabic-middle eastern culture for its distinctive fragrance and used for incense and perfumes. Learn more why agarwood market price ranges from 300,000 - 500,000 pesos per kilo in the Philippine market and $100,000+ in the international market. - The expensive price comes from low yield from plant material, labor intensive extraction processes. Perfumers and incense makers are willing to pay millions of dollars for a liter of this “liquid gold.” In 2013, agarwood trade had a global value of $8 billion. Agarwood Sticks, Sandalwood Sticks, Candles, Packaging Inscence Sticks with Frankincense, White wood, White Sage, Jasmine - Essential oils. Pure grade agarwood can sell for only a few bucks per kilo, while extremely high quality agarwood can sell for about fifty thousand dollars per kilo. Before the infection, the heartwood is odorless, relatively light and pale colored. For the the purpose of this study, it is assumed that the yield (agarwood) can be sold at RM1,000 per kilogram. The Aquilaria tree is a fast-growing, subtropical forest tree, with a population range stretching from South Asia’s Himalayan foothills, throughout Southeast Asia, and into the rainforests of Papua New Guinea. The average yield from single tree is approximately 4kgs. De la Cruz said his office has deployed additional forest protection officers as well as Bantay Gubat personnel in towns that are considered hotspots for agarwood. He said at least 15 apprehensions have already been made with over 20 cases, including those involving foreign nationals, being filed in different courts against forest poachers searching for agarwood and among those involved in its illegal trade. This is very oily and full of aroma. In the country, the first class agarwood is traded at PHP750,000 per kilogram. The 1,000 ha plantation is However, adulteration of the oil and wood has led to a broad diversification in quality, allowing for prices as low as $100 per kilogram. 10K likes. While there is risk for all financial transactions, and so to our industry. De la Cruz said those involved in cutting lapnisan and lanete trees will face charges for violation of the Revised Forestry Code of the Philippines and Republic Act 9147 or the Wildlife Resources Conservation and Protection Act. Rs 65,000/ Kg Get Latest Price Agarwood Attar has a pleasing woody masculine fragrance and made from natural agarwood. Due to over-harvesting of entire forests as well as the incredibly labor intensive process of artisan distillation, 2012 retail prices around the globe have increased significantly and are generally US$8,000-US$32,000 and up for a kilogram of Aloeswood chips and anywhere from US$8,000-US$61,000 for a single litre of pure Aloeswood Oil. Average Market Price for Agarwood Product in Q1 2017: PER TOLA (USD) PER KG (USD) OUD OIL 413.00 – WOODCHIPS Foreigners travel to the Philippines and hike to remote villages seeking help to find the rare tree. The high value of agarwood has attracted many potential buyers around the world. How does money grow remarkable returns from tree? Agarwood Philippines Official. Only logged in customers who have purchased this product may leave a review. “The value of agarwood has become too expensive, next only to shabu,” Provincial Environment and Natural Resources Officer (PENRO) Moises de la Cruz quipped, adding that dried and top-quality agarwood can demand a price of up to P1 million. Features: High quality Pure and advanced quality In the country, the first class agarwood is traded at PHP750,000 per kilogram. ... Having a classic Oudh fragrance, it has a deep, earthy, musky and potent aroma, it blends well with all oils and has warming, purifying, balancing, deep woodsy & … market price of agarwood chips varies currently between US$20 to US$6,000 per kilogram (kg), based on its quality (Akter et al., 2013). Minus 20 % management fee 65,000/ kg Get Latest price agarwood Attar has pleasing! 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