Can I plant agarwood in the Philippines?

How much is agarwood in Philippines?

Agarwood is one of the most expensive raw materials used in perfumery, costing at least P160,000 per kilo in the Philippines.

How long does agarwood take to mature?

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.

How many agarwood trees can I plant per acre?

Agarwood plants per acre – Approximately 700 to 900 plants per acre can be planted with a distance of 2.5 m x 2.5 m and 2 m x 2 m.

How much is a kilo of agarwood in the Philippines?

A kilo of agarwood fetches as much as P750,000. A whole tree is worth tens of millions of pesos, which is why many people would kill for a piece of this rare tree.

Can agarwood grow in UK?

Aquilaria malaccensis is an evergreen Tree growing to 20 m (65ft) by 8 m (26ft) at a slow rate. It is hardy to zone (UK) 10.

Why is agarwood illegal?

The sale of agarwood, a rare and expensive raw material used in perfumes, is illegal in the Philippines. … explained that agarwood is extracted from the Lapnisan and Lanete trees, both in the DENR’s national list of threatened Philippine plants based on an administrative order issued in 2007.

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Can you invest in agarwood?

Your investment will directly cause the plantation of new trees! Because it is an affordable investment! … 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.