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Agarwood Malaysia > market price

The most expensive woods in the world.

Agarwood is a highly valued and rare natural product that is known for its unique fragrance and purported health benefits. Due to its rarity and the complex and labor-intensive process required to produce it, agarwood is one of the most expensive natural products in the world. Its high demand for use in traditional medicine, perfumery, and religious and cultural practices has further driven up the price.

Unfortunately, over-harvesting and illegal trade have contributed to the high cost of authentic agarwood products, leading to the development of ethical and sustainable practices in the industry. At Dadvance agarwood Solutions, we are committed to providing genuine, authentic agarwood products that are sourced sustainably and ethically, while maintaining the highest standards of quality and integrity.

In recent years, the growing demand for agarwood has led to over-harvesting and illegal trade, which has further contributed to the high cost of genuine, authentic agarwood products. To address these issues, ethical and sustainable practices are being developed and promoted in the agarwood industry, in order to protect and conserve agarwood trees and their natural habitats, and to ensure the long-term viability of the industry.

The global supply of agarwood chips currently meets only 10% – 20% of the global demand.

Price for Oud Oil

The personal care and cosmetics industry is anticipated to hold a significant amount of market share in the global agarwood essential market. Agarwood essential oil has various distinct properties such as anti-inflammatory and anti-microbial properties. These properties make it a very beneficial product to use in personal care and cosmetic products. Agarwood essential oil’s anti-inflammatory properties help relieve skin irritation caused by allergic reactions, bug bites, and sunburns.

In addition, agarwood essential oil’s anti-microbial activity helps in fighting bacteria that cause pimples and acne. Other than these properties agarwood essential oil contains various antioxidants that make hair and skin glow and repair dead skin.

Q3 2022

Country of Origin No. of Samples Average Price Per Tola (USD)
Brunei 1 560
Cambodia 22 510
China 1 489
India 22 391
Indonesia 14 467
Laos 7 490
Malaysia 12 414
Myanmar 6 305
Thailand 21 487
Vietnam 10 280
Grand Total 116 439

Q2 2022

Country of Origin No. of Samples Average Price Per Tola (USD)
Brunei 1 569
Cambodia 22 497
China 1 472
India 22 392
Indonesia 14 467
Laos 7 490
Malaysia 12 414
Myanmar 6 305
Thailand 21 487
Vietnam 10 280
Grand Total 116 439