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Agarwood Malaysia > market price

The most expensive woods in the world.

The quality of agarwood depends largely on the resin saturation within the wood and it involved other criteria such as discoloration, the fragrance level, analysis of its chemical composition, and how much oil is saturated within the wood.

To know the quality of agarwood will depend on the experience of the graders and traders themselves. It requires years of experience, experiment, and understanding about different agarwood products in the market to make a clear grade about agarwood, and this also dependable on the agarwood’s oil, color, it’s smell, and touch.

It is estimated global market trade for agarwood stand at US$ 6 Bn to US$ 8 Bn and it is the most valuable plant species in the world. Data also revealed that Aquilaria Malaccensis followed by Aquilaria Crassna and Aquilaria Filaria are the agarwood species that have dominated the international trade for the past 10 years.

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 2020

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 2020

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