Sandalwood is a valuable and fragrant wood that is often used in the production of high-end furniture, including cabinetry and veneers. The demand for sandalwood is high, but the supply is low, making the wood expensive.
It is a slow-growing tree that typically reaches a height of around 20 meters. The tree produces a pale yellow wood that is prized for its fragrance and beauty. The high cost of sandalwood means that it is often used in the production of expensive furniture.
Indian sandalwood is highly sought after for its fragrance and beauty. The wood is also used to make incense and other aromatherapy products.
The Indian sandalwood industry is regulated by the Indian government, which sets a limit on the amount of sandalwood that can be exported each year. This has led to a shortage of sandalwood in the global market, which has driven up the price of the wood.
The demand for sandalwood is high, but the supply is limited. The high cost of sandalwood means that it is often used in the production of expensive furniture.
It is a highly valued commodity and is exported to various countries around the world. Some of the major destinations for sandalwood exports include China, India, the United Arab Emirates, and other countries in the Middle East and exports have increased in past five years.
Sandalwood is used in a variety of products, including perfumes, incense, and traditional medicines. The demand for sandalwood has increased in recent years due to its popularity and the increasing use of natural products. However, the supply of sandalwood is limited, as it takes several decades for the trees to mature and produce valuable wood. As a result, the price of sandalwood is high, and it is considered a luxury product.
Primarily exported in the form of wood, oil, and other derivatives. The wood is used in the production of furniture, carvings, and other decorative items, while the oil is used in perfumes and other fragrances. The demand for sandalwood oil is particularly high, as it is considered to have a number of medicinal properties and is used in traditional remedies. In addition to the wood and oil, sandalwood is also exported as incense sticks, powders, and other products.