Which tree is more expensive than gold?

Its name is Agarwood. Agarwood wood is called 'Woods of the God'. You can only guess what its importance is. The price of real wood of agarwood is up to 1 lakh dollars (about 73 lakh 50 thousand rupees) per kilogram.

Which tree is highest price?

Agarwood is the world's rarest and the most expensive variety of wood to be sold. According to Business Insider, one kilogram of agarwood can cost as much as $1,00,000 or Rs. 73,00,000.

Why is agarwood so costly?

The reason why Agarwood oil is so costly is because of its uncommonness. Chief reason for uncommonness and high cost is the depletion of the wild forests. It is surprising to know that less than 2% of wild agar tree is produced globally.

How much is a agarwood?

First-grade agarwood can cost as much as $100,000 per kilogram. Why is it so expensive? For thousands of years, agarwood has been known as "The Wood of the Gods." First-grade agarwood can cost as much as $100,000 per kilogram, making it one of the most expensive raw materials in the world.

Which trees wood is most expensive in India?

Although rosewood is the most expensive wood in India, it is mostly preferred due to its termite-resistant quality, durability and versatility. Rosewood is best wood for furniture like kitchen cabinets, sofas and even wooden flooring. Sheesham is also used in musical instruments and is largely found in south India.

The wood of which tree is more expensive than gold? Which part of the body does not have bone? #CQ

Why sandalwood is too costly?

Sandalwood is expensive compared to other types of woods, so to maximize profit, sandalwood is harvested by removing the entire tree instead of sawing it down at the trunk close to ground level. This way wood from the stump and root, which possesses high levels of sandalwood oil, can also be processed and sold.

Is sandalwood tree expensive?

The Indian sandalwood tree (Santalaum album) is perhaps the planet's most expensive wood, because of its cosmetic and therapeutic value. There is huge international demand for it, with its fragrant heartwood priced at over Rs. 10,000 a kilo.

Is agarwood legal in India?

LEGAL STATUS Agarwood is not protected under the Indian Wildlife (Protection) Act, 1972. However, it is protected from extraction by state bans (under the Indian Forest Act) and by administrative orders of the state forest departments which vary throughout its range of occurence.

Which is more expensive agarwood or sandalwood?

Thousands of times more expensive than sandalwood, one gram costs Rs 7 lakh, the world's rarest wood in India | Agarwood Most expensive and costly wood in the world.

Where is agarwood found?

The agarwood tree is native to Northeast India, Bangladesh, Bhutan and parts of Southeast Asia. It is an evergreen tree that can grow to 40 metres. “Because it is an economically attractive species, so there is over exploitation,” Purabi Saikia, a researcher at Central University of Jharkhand said.

What is the price of agarwood oil in India?

Agarwood Oil at Rs 32500/gram | अगरवुड का तेल, अगरवुड ऑयल - Indian Aroma Exports, Kanpur | ID: 12029006691.

Is agarwood found in Pakistan?

The world's most expensive plant Agarwood/Oud seeds are now available in Pakistan.

Can you invest in agarwood?

Agarwood is the ideal investment opportunity in everybody's reach. Returns are usually paid out after 7 years and right now, average returns are 157% over these 7 years. Flexible products now also allow short term investments. But no worries if you don't want to wait 7 years for a return.

What is the most profitable tree to grow?

Which wood is very costly?

African Blackwood

It is considered as the most expensive wood in the world because not only it is challenging to work with hand or machine tools, its trees are already near-threatened. But as expensive as it may seem, African Blackwood is worth the price.

Which wood is most costly?

Topping the list of most expensive woods in the world is Bocote, a flowering plant from the borage family that is mostly found in Mexico, Central and South America. Initially a yellow/brown shade, this wood darkens over time.

What is the price of rosewood?

The price of Rose Wood Logs products is between ₹2,500 - ₹7,500 per Cubic Feet during Jun '21 - May '22. These are indicative values based on popular product prices.

Is mahogany wood expensive?

Mahogany is so expensive because it has a high demand and is becoming increasingly hard to acquire. The high demand of Mahogany is due to its pleasing appearance, dark fine grain, and long lasting durability. Mahogany has also become more scarce leading to a lack of supply and higher prices.

How costly is red sandalwood?

“A tonne of red sanders fetches up to Rs 20 lakh in India but its international landing price is above Rs 50-80 lakh,” a forest officer from the Vellore range said last year. “It is smuggled out in ship containers or as air cargo, masquerading as foodstuff, mostly with the collusion of customs officials.

Which country produce best agarwood?

How long do agarwood trees take to grow?

Since agarwood formation in natural environment is a very long process which can take up to 10 years, the development of effective induction technology has received a great attention as it is extremely crucial to ensure the stability of agarwood yield from the domesticated Aquilaria trees.

Why Lal Chandan is so costly?

Due to its slow growth and rarity, furniture made from Red Sandalwood is difficult to find and can be expensive. It has been one of the most prized woods for millennia. This precious wood has heavy demand in over seas countries like China, Japan, Myanmar and other countries in East Asia.

What is the cost of 1 kg red sandalwood?

What is the cost of red sandalwood? Red sandalwood is sold at an average price range of Rs 1000 to Rs 5000 per kilogram.

What is the cost of 1 sandalwood tree?

Price Range starts from Rs. 12,000 - 13,000 / kilogram.