Eagle Wood – Plant

Description

agarwood is one of the most expensive natural raw materials in the world  with 2010 prices for superior pure material as high as US$100,000/kg, although in practice adulteration of the wood and oil is common, allowing for prices as low as US$100/kg.A whole range of qualities and products are on the market, varying in quality with geographical location, botanical species, age of the specific tree, cultural deposition and the section of the tree where the piece of agarwood stems from. Oud oil is distilled from agarwood, and fetches high prices depending on the oil’s purity. The current global market for agarwood is estimated to be in the range of US$6 – 8 billion and is growing rapidly.