Oud is best known for its rarity, sweet musky aroma, and the health benefits it brings to the spiritual and physical life. These attributes make it one of the priciest natural products in the world. The use of synthetic aromas and perfumes has been in demand since the rise of population growth. The use of natural aromas is very rare due to their higher demand and less production. In this era, natural scents that were already so rare in past, such as Oud has a separate significance. Arabs of the Middle Eastern hub, Dubai use Oud a lot because it adds significant importance to their religious and traditional values. To scent homes and offices, Arabs burn Oud with the help of an Oud burner and also use Oud oil to scent clothes. Oud is a type of aroma which we can use in all physical forms, whether it is raw wood or distillation waste powder. The use of Oud is an ancient Arabic scent tradition and for centuries the Gulf/Middle eastern region considers this scent a vital part of their life. In Dubai, the Oud Market is worth billions as this Arabic scent tradition is always trending. Here we will discuss the details of these products answering how much this holy scent of Oud costs.
HOW MUCH DOES OUD COST?
Oud has different forms and qualities and every state has a separate price tag,
1) THE BIGGER OUD CHUNKS:
The size of the Oud chunk determines its price, which ranges from big pieces to a speck of dust. The ampler segments are more valuable and expensive, especially those where the moist Oud makes the dark structure that penetrates deeper into the wood. This is because of the infection that makes Oud inside the Agarwood tree. The deep infection makes heavier wood that represents the presence of a higher Oud proportion that raises its price. These larger and darker Oud nuggets cost from US$50–100,000/kg or 150–350,000AED/kg. These larger pieces are burned to smell homes and offices. Widely used in the luxury offices and homes of Dubai and other Arab states, the Oud aroma is such a recognizable scent that gives people the feeling of luxury and mental peace.
2) POWDERED FORM OF OUD:
The leftover after the filtration of the macro hunk of Oud is commonly known as dust and is very hard to burn in an Oud burner. This specific Oud form is also expensive and can sell for up to US$20–150/kg or 70–150AED/kg in Dubai. These may not be used for burning purposes but it serves the purpose of distilling Oud in liquid form. The amount and random appearance of Oud in this Agarwood piece significantly make it hard to use this scent part; hence it is used for distillation or is utilized as an important constituent for making Bakhoor.
3) THE NATURAL OUD LIQUID:
Oud in its liquid form is known as Oud oil, commonly recognized as liquid gold in the gulf/middle east and its epicenter Dubai. The solid form of Oud goes through comprehensive distillation and it is estimated that 20 kg of mature Oud produces 10 ml of pure Oud Oil. Depending upon the grade of Oud Oil it can cost up to US$2,000–78,000/kg or 7500–300000 AED/kg. Oud oil is used in, raw forms to scent clothes and as a constituent of luxury perfumes. OudDubai brands deal mainly with Oud and Oud-related products. Our teams are admiringly deliberated about using the traditional method for the extraction of Oud oil. Under the supervision of an experienced CEO of the company “AHMED KAMAL CHOWDHURY”, every piece of Oud is examined and avant-garde quality standards are utilized to deliver the best Oud perfumes.
4) UNDISSOLVED SOLID OUD AFTER DISTILLATION:
The undissolved solid wood left after Oud distillation has traces of resin. This form is also significantly essential for making other scent products like frankincense. This Oud powder can cost up to US$5–8/kg or 20–30 AED/kg.
OUD MARKET:
The Oud is not merely a scent, this is a whole market that carries a lot of worth in the world, and it even affects the economy of the countries producing it. For some Southeast Asian countries, this export adds significant value to the economy, and a lot of careful efforts have been made to take care of this Arabic scent. Oud is in high demand with a high market capitalization of a staggering 32 billion dollars globally. This given data represents that the global trade market is highly affected by Oud. Many experts have indicated that the Oud market will double to 64 billion dollars by the end of the year 2029. Oud is becoming rarer and rare because the wars in the past nearly destroyed most of the trees from Vietnam and other Asian countries. These wars have greatly affected the Oud-producing forests. But regardless of these setbacks, the market is still likely to increase because of the high demand for Oud in Dubai and the rest of the UAE. The Oud trend is gaining more popularity among males, and Male Oud is now available in the market, but this Arabic scent is for everyone and does not depend upon gender. Oud and Dubai go hand in hand because most of the marketing is based here hence the producing countries are trying to cope by focusing on this market. Countries like France and America are also very determined for using this Holy scent. This trend is now out of the sleeve of the Gulf/Middle East and is now recognized everywhere.
