Cultivated agarwood plantation has been around for many years,
with very big trees from vietnam and thailand. There are already
alot of cultivated agarwoods in the market, each with different
grading ranging from USD 50 - 1000 per kg. Again, the price is
subjective to both the buyers and sellers.
The
inoculation plays an important part in inducing the agarwood
resin from the trees, what most plantation owners did not
expect, is the cost and work to harvest it. If you are planting
it in countries with cheap labour and land, then you have
the upperhand where it comes to the wholesale price of your
wood.
While in more developed countries, if you have the
technology to induced higher resin content, it can be profitable
as well. But, that is when the technology is available and more
importantly, feasible to your costing. It just does not justify
when your cultivated wood is much more expensive than those good
quality natural wood.
Scent profile of Cultivated Agarwood
When we compare the scent of natural agarwood to cultivated
wood, it tends to give me an impression that cultivated wood has
a more sour note to it. Natural agarwood is sweeter and less
offensive, but cultivated wood has a different note compare to
it.
Comparing wild Aquilaria Crassna and Cultivated
Aquilaria Crassna, it gives me the same result. But maybe
because natural resin aged and comes with less moisture,
wild agarwood certainly burns longer and more stable in giving
out beautiful agarwood scent. With different innoculation
material on the markets, the inoculants may have something which
changes the scent of cultivated agarwood.
Uses of Cultivated Agarwood Just like the natural agarwood, cultivated agarwood are
used as incense, agarwood oil production and wood chips for
burning. Cultivated agarwood are being turned into sticks for
smoking, tea for health benefits and many products you can think
of.
Agarwood Plantation Investment Agarwood investment comes after individual agarwood or
aquilaria plantations scattered around south east asia and
china. Many of these owners or plantation company came into
cultivated agarwood industry and turn it into different business
model and many investment plans hoping to gather a win win
situation. Sounds like land banking, but the mystery and high
price(natural agarwood) attracted many investors hoping to get
higher returns than their usual investment products from bank.
The key question to ask is whether the company has the
ability to distribute the end products to major agarwood buyers.
Planting agarwood trees is relatively easy, innoculation is not
an issue anymore as compared to the past.