Sandal Wood is a class of woods from trees in the genus Santalum. The woods are heavy, yellow, and fine-grained, and, unlike many other aromatic woods, they retain their fragrance for decades. Sandal Wood oil is extracted from the woods. Sandal Wood is often cited as one of the most expensive woods in the world. Both the wood and the oil produce a distinctive fragrance that has been highly valued for centuries. Consequently, some species of these slow-growing trees have suffered over-harvesting in the past.
In the worldwide markets, Sandal Wood is in great demand (20,000 metric tonnes and 1,000 tonnes, respectively), and the present global supply cannot keep up with this demand, which has caused Sandal Wood prices to skyrocket. Growing Sandal Wood is a tremendously lucrative industry that requires very little upkeep. Continue reading to learn more about the cultivation process and upkeep information.
In order for the trees to develop healthily, you need the proper climate, land, soil, and irrigation system if you plan to engage in Sandal Wood farming. To attain a good ROI (Return on Investment), you must plan out the entire procedure in advance.
Features of Sandal Wood
- Sandal Wood oil is used in cosmetics, aromatherapy, fragrances, and pharmaceutical preparations.
- Sandal Wood is a very valuable material that is utilized in carving.
- Up to 6% oil and 90% of ⍶ and β santalols make up Indian sandalwood (which is claimed to be the highest).
- Sandal Wood is the only wood in the world that is sold by weight, and investing in its cultivation may yield enormous returns. The top-quality sandalwood is occasionally sold for about Rs 10,000 per kilogram, with a market price range of Rs 3,000 to Rs 7,000 per kg. The heartwood of a sandalwood tree begins to develop around the age of eight and may be harvested 12 to 15 years following planting.
- You might anticipate a harvest of 5000 kg of sandalwood from an acre of land. Sandalwood cultivation will cost around Rs 8 to 10 lakh per acre, but the profits might be anywhere from Rs 1.5 crore to Rs 2 crore.