Which country has the best agarwood in the world

Agarwood is a precious product that is always hunted and widely used in the world because of its spiritual values and applications in life. No less than once users hesitated to choose Agarwood based on its origin. Getting more knowledge about the distribution of Agarwood and what is the best agarwood in the world with Phuc Linh Agarwood in the article below.

Which Countries In The World Have Agarwood?

Aquilaria – Agarwood-containing trees appear in natural forests in Southeast Asia, Asia. Agarwood was distributed mainly in the Indian subcontinent for many centuries but in the mid-twentieth century, it became scarce due to over-exploitation. Currently, Do Agarwood or Do Bau, Agarwood is the common name for a genus of plants in the Agarwood family consisting of 21 species. Lives in Indonesia, Thailand, Cambodia, Laos, Vietnam, Malaysia, northern India, China, the Philippines, Borneo, and New Guinea’s rainforests.

Agarwood has been used in international trade since ancient times, and it is thought that agarwood trade followed the Silk Road from China to the Middle East, typically via India. Agarwood originates in South Asian and Southeast Asian nations (mainly Vietnam, Laos, Malaysia, Thailand, Bangladesh, India,…). The market is mostly dominated by Middle Eastern nations such as Saudi Arabia, Kuwait, and the United Arab Emirates, but Japan is expanding into European countries such as France and Italy.

The global agarwood industry is currently estimated to be worth more than $8 billion, making agarwood one of the most expensive plant species on the planet. Therefore, the true worth of agarwood will always be a mystery since we will never know the world’s genuine trade prices. Malaysia is now the main agarwood exporter, followed by Vietnam, Thailand, and Indonesia, which are the world’s major agarwood-producing hubs.

Which Nation Produces The Finest Agarwood?

Nowadays, although Agarwood has been widely cultivated in countries and regions, of course, based on climate, soil and experience factors, the quality of Agarwood is still different. Agarwood is widely available in Asia, particularly in the following countries:

In Vietnam:

Mother Nature has generously endowed our country with forests with aloes and agarwood. Our ancestors in the past praised the “golden forest, silver sea”, and it was not wrong. Within the climate, tropical, hot and humid weather conditions are favorable to promote and stimulate the sedimentation process in Vietnam. Vietnamese Agarwood is considered by experts to have the best value and quality.

Vietnamese Agarwood has a passionate scent that is hard to describe, making a solid impression from the first sniff. Just one wave of incense touched the souls of many civil and military mandarins in the Nguyen court at that time. The Nguyen kings knew how to take advantage of this to exploit and export agarwood. It was once praised that the Nguyen royal family had a very high market share in the Asian agarwood market.

Agarwood in Vietnam is ranked as one of the countries with large reserves of agarwood and is the only country with agarwood capable of curing diseases. Therefore, the value of agarwood originating from Vietnam is increasing in the international market.

In Vietnam, Khanh Hoa agarwood is the most expensive, followed by agarwood in Quang Binh, Quang Nam…

In Laos:

Although the quality of agarwood in Laos is second only to that of Vietnam, it also has a very high value in the international market. It has been said that agarwood transforms into many forms, with just a small change in the time of its formation or geographical location, agarwood has brought on a different shape and fragrance.

It is the moment at which the worth of each grain of agarwood is determined. Laos Agarwood has a pleasant and soothing smell that relaxes people. Due of this unique trait, agarwood players are keen to seek for and gather Laos’ agarwood. Moreover, the value of Lao agarwood is in the wood veins. The older the Agarwood is, the more prominent the oil veins become, becoming more and more seamless together with the wood gray or light gray color creating the very own beauty of the popular Lao Agarwood. Laotian Agarwood is cheaper than Vietnamese Agarwood, but it is also among the top in the world.

Indonesian Agarwood:

Indonesia is also one of the countries with the best natural agarwood in Southeast Asia. While the value of Indonesian agarwood is lesser than that of Vietnam and Laos, it nevertheless possesses an excellent quintessence. Being a natural agarwood, it always conveys intangible virtues, including the value of health, relaxation, and soul purification. Not only that, but Agarwood jewelry, bracelets, and beautiful wood goods are highly popular.

With long and strong oil veins, Indonesian agarwood is frequently darker in color than agarwood from other nations, and when used in handicrafts, it is readily polished and extremely beautiful. The scent is lovely and exactly right, not too light but not too strong, really gentle and nice.

Agarwood Toc is about 10-14 years old, whereas Agarwood Chip is over 40 years old. Agarwood Chip has the highest price of all types – ranging from $20,000 to $50,000/kg, but this is also the most easily counterfeited type.

In Malaysia: 

Malaysian Agarwood has a lightweight, sharp and strong sweet flavor, the longer it is worn, the more fragrant it will be. Malaysian Agarwood has a natural pale yellow color, the wood grain is not too dark. This type of agarwood has a mid-range price with a fairly rich quantity, equivalent to Indonesian Agarwood, which is very popular with customers.

Which Is The Best Agarwood Species?

Agarwood is the common name for a special type of wood that is created inside the trunk of the tree. However, the number of essential oils, scents and woody characteristics are different depending on the age of the agarwood and growing conditions. In actuality, there are many various forms of agarwood, with each variety having a varied value based on its nature and rarity, yet the price of agarwood still varies greatly on the market.

Aloes (also known as Ky) is the highest-grade agarwood species. Compared to natural agarwood, the Aloes is much rarer and the output is extremely scarce. Aloes is also formed inside the Do Bau tree with the same mechanism, but it has a higher amount of essential oil and a longer time to accumulate agarwood. In a word, the Aloes is the agarwood that has undergone a long time of gathering agarwood. Nevertheless, the ability of agarwood to transform into Aloes is dependent on soil and climatic conditions. As a result, it is an exceptionally uncommon wood with a high price.

Way to recognize Aloes – The most precious Agarwood:

• Bach Ky: Bach Ky are highly uncommon and have the greatest essential oil concentration of any aloe. According to experts, this sort of wood has a sediment accumulation duration of roughly 3000 years. At this time, the wood is no longer soft and shiny as before but has fossilized and become hard. Bach Ky is milky white, smooth and has a very characteristic aroma.
• Thanh Ky: is agarwood with a period of about 2500 years of agarwood accumulation and is rare only after the white one. The outside surface of this agarwood is purple-blue, while the internal surface alternates between yellow and green. Thanh Ky has an elegant, passionate scent with a combination of the cool scent of the mountains, then the scent of poppy flowers and the sweetness and warmth of honey.
• Hoang Ky: is a type of agarwood with a period of 1500 years of agarwood accumulation. This wood is golden like amber, hefty, durable, and highly polished, as the name indicates. Hoang Ky has a gentle aroma, not as intense as the bar, with a subtle cinnamon undertone. This wood has a chilly and sharp flavor when tasted.
• Hac Ky: Hac Ky is dark, hefty, and hard, yet when exposed to light, it reveals brilliant places in the center of the black wood grain backdrop. Currently, on the market there are a small number of Hac Ky that are sold at extremely expensive prices. To avoid buying fake wood, you can burn or taste the Hac Ky. Real wood when burned will have a light, relaxing aroma and when tasted, it will have a spicy, slightly bitter taste. Because of the expensive of Hac Ky, so it is mainly hunted by giants with wooden hobbies to diversify the collection. In addition, some individuals do not hesitate to purchase it for treatment because its medicinal properties and functions are much stronger than natural agarwood.

The current Aloes price fluctuates from 2 billion to 6 billion for 1kg of wood that is not submerged in water.Aloes contains a lot of oil and sinks in water, and the price of agarwood varies based on the size. Depending on the kind, they typically vary from 8 billion to 16 billion per kilogram of wood.

However, the price of Aloes usually depends on many factors. The cost of aloes is being debated and has gained some attention. The prices above are for reference only. In fact, how much it costs depends on the time as well as the rarity and requirements for wood characteristics from the collector.

The Current State Of The Agarwood Market:

Agarwood is a popular word that interests businesspeople and friends all around the world. However, what is becoming hotter and hotter today is becoming more and more dangerous because many producers of agarwood for profit neglect the mind of the profession, producing low-quality products. Natural agarwood is becoming increasingly rare as a result of overexploitation.

Agarwood is the ingredient that makes up the characteristic musky scent popular in high-class perfumes, widely used in Western countries. It is because of this that the Aquilaria is being evaluated as a critically endangered species, alarmed by overexploitation. The number of plants left with natural fungi is extremely low. So hunting for natural Agarwood in the current situation is extremely difficult. Because of its significant value, agarwood has been recognized and utilized by people for thousands of years. The trend and demand for using agarwood for medicinal purposes, spiritual feng shui products, air purification is increasing, leading to alarming signs.

The source of natural Agarwood is gradually exhausted:  Agarwood is a valuable substance found in Southeast Asian nations. But, as of around 9-10 years ago, only agarwood was left in Laos, Indonesia, Malaysia, Thailand, and Myanmar. The exploitation is so extensive that the agarwood output of the aforementioned nations is nearly depleted and limited.

Presently, there are only 4 countries that have sources of Agarwood to supply the world market, including Vietnam, Laos, Indonesia, Malaysia, etc. Which, Vietnam is considered the place with the highest quality and valuable agarwood quantity, compared to the other countries. Before the 1990s, Vietnam exported nearly 15 million USD of Agarwood (Oud) per year. Yet, because the goods are shipped in the form of raw materials and handicrafts at the time, their worth is not particularly high.

Conclusion

Through this concise article above, we hope to have brought readers useful information about the best agarwood species as well as the country has the best agarwood. Having more information about places where Agarwood is available helps buyers easily distinguish and gain more knowledge so as not to buy low-quality agarwood at a high price. For more useful information or any questions about agarwood, do not hesitate to contact us:

CHAU THONG MANUFACTURING – TRADING AND SERVICE COMPANY

 Manufacturer and Wholesaler and Retailer of Agarwood

 PHUC LINH Agarwood and Premium Agarwood MANGALA

 Hotline: +84 901.144119

 Email: phuclinhagarwood@gmail.com

 Address: 316 Ong Ich Khiem, Thanh Khe District, Da Nang City. Viet Nam