What is the cost of sandalwood per kg?

Today, it costs anywhere between Rs. 65,000 per kg (if it is extracted from smuggled wood) and Rs 1.5 lakh per kg.

What is the cost of 1 kg red sandalwood?

Indian Red Sandalwood at Rs 9500/kilogram | Red Sandalwood | ID: 8487016388.

Which sandalwood is expensive?

The Indian sandalwood tree (Santalaum album) is perhaps the planet’s most expensive wood, because of its cosmetic and therapeutic value. There is huge international demand for it, with its fragrant heartwood priced at over Rs. 10,000 a kilo.

Can I sell sandalwood?

Barring Srigandada Kote (the department’s sandalwood depot) and the Karnataka Soaps and Detergents Ltd. (KDSL), trees on private land cannot be sold to others. … “Permission is given to cut a tree in private ownership after a thorough inspection. The felled tree is transported to the sandalwood depot.

Which sandalwood is costly red or white?

Since the supply of red sandalwood is much less than the white variety, its price is higher than the white.

Who buys red sandalwood?

Yoga guru Baba Ramdev has emerged as the biggest buyer of the much-sought after red sanders in the country. In the recent auction conducted by the Andhra Pradesh government, Ramdev’s Patanjali Yogpeeth, Hardwar, bought 706 tonnes of red sanders for Rs 207cr.

Is sandalwood banned in India?

The bark contains tannin, which is used for dye. Because S. album is highly valued in India and uncontrolled harvesting have cause populations to dwindle in recent years, India has imposed an export ban on Sandalwood and instated conservation measures to protect the species in the country.

What is the price of Chandan tree?

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How can I get red sandalwood license?

Prospective exporters shall submit their application seeking export license from the DGFT (Hqrs) through email at: export-dgft@nic.in in terms of Trade Notice No. 35 dated 25.10. 2018 available on the website of DGFT under heading captioned ‘Polices’;

Where can I sell red sandalwood in India?

You can become a seller on Amazon and reach out to all over India. Also, it can be processed to sandalwood powder. There is good demand for it. Good luck.

What is Sandalwood made from?

Sandalwood is a class of woods from trees in the genus Santalum. … Sandalwood oil is extracted from the woods for use. Sandalwood 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.

Why red sandalwood is costly?

Due to its slow growth and rarity, furniture made from Red Sandalwood is difficult to find and can be expensive. It has been one of the most prized woods for millennia. This precious wood has heavy demand in over seas countries like China, Japan, Myanmar and other countries in East Asia.

What is the price of white sandalwood?

White Sandalwood, Rs 22000 /kg Geeta Trader | ID: 17798204030.

Can sandalwood be grown in Rajasthan?

A large number of farmers and individuals with large land holdings have taken up commercial plantations in Karnataka, Maharashtra, Andhra Pradesh and Rajasthan. Presently, there is no natural regeneration of sandalwood trees in the southern states, except Kerala, where close to 3,000 acres is under natural cultivation.

Is Chandan farming profitable?

From an acre of land, you can expect a yield of 5000 kg of sandalwood. The cost of sandalwood cultivation would approximately be around Rs 8 to 10 lakh per acre (https://www.agrifarming.in/sandalwood-farming-project-report-cost-profit), but the returns can range between Rs 1.5 crore to Rs 2 crore.

Which sandal plant is best?

Chandan Tree Types in India
  1. Indian Chandan. Botanical Name: Santalum album. The most famous source of sandalwood, this small tropical tree is native to south India. …
  2. Red Chandan. Botanical Name: Pterocarpus santalinus. …
  3. Swet Chandan. Botanical Name: Santalum album L. …
  4. Malayagiri Chandan. Botanical Name: Santalum.

Can I grow red sandalwood?

Red Sandalwood can be grown anywhere in India, can be planted in 10 x 10 feet spacing which yields 500 Kg’s by 10 years of Red sandalwood for each tree.

How do I start a sandalwood business?

Before starting plantation of sandalwood tree plow the field until you get excellent tilth and weed free soil. Also, prepare the soil in such a way that the water in heavy rain or floods is easily come out from the drain. Sandalwood cultivation process can be done by seeds and vegetatively through tissue culture.