The Chips

Since agarwood tree cultivation depends mainly on the growing fungus that produces resin, it takes about 15 years for the process to be complete. The tree will be profitable only if it is affected by the fungus properly. But artificial techniques do speed up the process. Only around 1600 agarwood trees can be planted on a hectare at once.

The average yield from a single agarwood tree is about 5 kg. A 70 kg of wood only secretes about 20 ml of oil. But since agarwood is one of the most expensive selling timber, the business, if done correctly, is very profitable. Agarwood has a global market price of US 8 billion.