GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Woods

Highlights: Most Expensive Woods Statistics

  • African Blackwood is among the most expensive woods in the world, with prices up to $10,000 per kilogram.
  • The price of Dalbergia wood varies significantly, with some species selling for up to $14,000 per kilogram.
  • Pink Ivory wood, mainly found in Zimbabwe, Mozambique and South Africa, can cost between $7 to $8 per board foot.
  • Sandalwood, particularly Indian Sandalwood, can cost anywhere from $20 to $30 per kilogram.
  • Ebony, a dense black hard, can cost $10,000 to $13,000 per cubic meter.
  • Agarwood, used in the perfume industry, can cost up to $100,000 per kilogram.
  • Bubinga, an African hardwood, sells between $18 and $25 per board foot.
  • Koa wood from Hawaii ranges from $30 to $35 per board foot.
  • Figured Maple, known for its distinctive patterns, can cost up to $40 per board foot.
  • Pink Ivory can cost as much as $8,000 per cubic meter.
  • Prices for Thuja, particularly the burl variety, can reach up to $100 per board foot.
  • Dalbergia (rosewood), which grows in Central and South America, can cost between $20 to $50 per board foot.

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In the world of craftsmanship and design, wood has always been a valuable and sought-after material. Whether it’s for furniture, flooring, or even instruments, the choice of wood can greatly influence the quality and aesthetics of the final product. However, not all woods are created equal when it comes to their cost. Some woods are incredibly rare and can fetch exorbitant prices on the market. In this blog post, we will explore the fascinating world of the most expensive woods and delve into some intriguing statistics surrounding their prices. From the luxurious ebony to the coveted sandalwood, join us on a journey through the realm of prestigious and highly-valued lumber.

The Latest Most Expensive Woods Statistics Explained

African Blackwood is among the most expensive woods in the world, with prices up to $10,000 per kilogram.

The statistic indicates that African Blackwood is one of the priciest types of wood globally, with costs reaching as high as $10,000 per kilogram. This suggests that the demand for African Blackwood is significant due to its rarity and unique properties, which make it desirable for various applications. The high price reflects the scarcity of this wood species and the costs associated with its procurement and processing. The statistic highlights the exclusivity and value placed on African Blackwood in the global market, making it an expensive and sought-after material.

The price of Dalbergia wood varies significantly, with some species selling for up to $14,000 per kilogram.

The statemen

Pink Ivory wood, mainly found in Zimbabwe, Mozambique and South Africa, can cost between $7 to $8 per board foot.

The given statistic states that Pink Ivory wood, which is primarily found in Zimbabwe, Mozambique, and South Africa, has a price range of $7 to $8 per board foot. This means that for each one-foot-long board of Pink Ivory wood purchased, the cost will be somewhere between $7 and $8. This statistic provides information about the market value of Pink Ivory wood and gives potential buyers an idea of the expected price range when considering purchasing this type of wood for various purposes such as furniture making or crafting.

Sandalwood, particularly Indian Sandalwood, can cost anywhere from $20 to $30 per kilogram.

The statistic indicates the range of prices for Sandalwood, specifically Indian Sandalwood, which can vary between $20 and $30 per kilogram. Sandalwood is known for its fragrant wood, often used in perfumes, cosmetic products, and traditional medicines. The price range provided signifies the market value of this commodity, taking into account factors such as availability, demand, quality, and location of purchase. It is important to consider these price fluctuations when evaluating the cost and potential profitability associated with Sandalwood-related industries or trade.

Ebony, a dense black hard, can cost $10,000 to $13,000 per cubic meter.

The statistic states that ebony, a type of wood known for its dense black texture, typically has a cost range of $10,000 to $13,000 per cubic meter. This implies that ebony is quite expensive, as it demands a high price due to its scarcity and unique aesthetic qualities. The cubic meter measurement is commonly used to assess the quantity of wood and provides a standard unit for comparing prices. Overall, this statistic highlights the high value and cost associated with ebony wood in the market.

Agarwood, used in the perfume industry, can cost up to $100,000 per kilogram.

The statistic states that Agarwood, a valuable natural resource used in the perfume industry, can reach an exceptionally high price of up to $100,000 per kilogram. This indicates the significant value and demand for Agarwood within the perfume industry. The high price can be attributed to various factors, including the limited availability of Agarwood, its unique aromatic properties, and the meticulous and time-consuming process required to extract the precious oil from the wood. The statistic highlights the luxury and exclusivity associated with Agarwood, making it a sought-after ingredient in high-end perfumes.

Bubinga, an African hardwood, sells between $18 and $25 per board foot.

The presented statistic states the price range for Bubinga, an African hardwood, which falls between $18 and $25 per board foot. This means that if someone intends to purchase Bubinga wood, they can expect to pay a minimum of $18 and a maximum of $25 for every board foot of the wood they purchase. The price per board foot is a common unit of measurement in the lumber industry, and it allows buyers to estimate the total cost of their desired quantity of wood based on this price range provided.

Koa wood from Hawaii ranges from $30 to $35 per board foot.

The statistic “Koa wood from Hawaii ranges from $30 to $35 per board foot” describes the price range for Koa wood in Hawaii, which is a type of wood native to the region. The price is specified in terms of “per board foot,” which is a unit of measurement commonly used in the lumber industry to calculate the price of wood based on its thickness, width, and length. This statistic implies that if someone wants to purchase Koa wood in Hawaii, they can expect to pay between $30 and $35 for every board foot of wood they require. The range in price could be influenced by factors such as the quality of the wood, supply and demand dynamics, and any additional processing or treatments applied to the wood.

Figured Maple, known for its distinctive patterns, can cost up to $40 per board foot.

The statistic states that Figured Maple, a type of wood known for its unique and visually appealing patterns, can be quite expensive, with prices reaching as high as $40 per board foot. The cost per board foot is a common unit of measurement used to determine the price of wood based on its volume. This statistic highlights the premium value associated with Figured Maple due to its rarity and the demand for its distinctive aesthetic qualities.

Pink Ivory can cost as much as $8,000 per cubic meter.

The statistic states that the cost of Pink Ivory wood can reach up to $8,000 per cubic meter. This means that for every cubic meter of Pink Ivory wood that is purchased, the price can range from small amounts up to a substantial sum of $8,000. This high cost suggests that Pink Ivory wood is considered rare and valuable in the market, potentially due to its scarcity, unique properties, or aesthetic appeal.

Prices for Thuja, particularly the burl variety, can reach up to $100 per board foot.

The statistic states that the prices of Thuja wood, particularly the variety known as burl, can be as high as $100 per board foot. This implies that Thuja wood, especially the burl type, is highly valued and demanded in the market, leading to higher prices compared to other types of wood. The unit of measurement, board foot, refers to a standard method of calculating wood volume, which enables comparison and pricing for selling and buying purposes. The information suggests that Thuja burl wood is considered a luxury or premium material due to its scarcity, unique characteristics, or exceptional quality, leading to its high price point.

Dalbergia (rosewood), which grows in Central and South America, can cost between $20 to $50 per board foot.

The quoted statistic states that the cost of Dalbergia, a type of rosewood that is found in Central and South America, varies between $20 and $50 per board foot. This means that for every foot of length, width, and thickness of the rosewood board, the market price ranges from $20 to $50. The cost may differ depending on factors such as quality, grade, availability, and local market conditions. This information provides an estimate of the potential expense one might incur when purchasing Dalbergia wood for various applications ranging from furniture to musical instruments.

Conclusion

In conclusion, the world of wood is truly fascinating, with a myriad of choices available for those seeking unique and premium materials for their projects. Through studying the statistics on the most expensive woods, we have gained insights into the factors that make certain woods highly sought-after and valuable.

Among the top contenders are species like Pink Ivory, Ebony, and Sandalwood, which have consistently commanded high prices due to their rarity, durability, and exquisite beauty. Their scarcity, coupled with their unique properties, greatly contributes to their high market value.

Furthermore, the demand for expensive woods is driven by various industries, including luxury furniture makers, instrument manufacturers, and craftsmen creating intricate woodworking masterpieces. The allure of these materials lies not only in their aesthetic appeal but also in their ability to add value and prestige to the final product.

It is worth noting that the prices of these woods can fluctuate over time due to changing market dynamics, environmental concerns, and legal regulations. As we strive for sustainability, it is crucial to be mindful of the impact our choices have on the environment and to explore alternative options that mimic the qualities of these high-end woods without compromising their scarcity.

In conclusion, delving into the statistics surrounding the most expensive woods emphasizes the intricate interplay between supply, demand, and quality. Whether you are a woodworking enthusiast, an interior designer, or simply intrigued by the world of precious materials, understanding the statistics behind these woods provides a fascinating glimpse into a realm where beauty and value are harmoniously intertwined.

References

0. – https://www.www.legit.ng

1. – https://www.www.lifeinnorway.net

2. – https://www.www.wood-database.com

3. – https://www.wooddad.com

4. – https://www.rarewoodsusa.com

5. – https://www.www.indiamart.com

6. – https://www.www.wagnermeters.com

7. – https://www.www.bbc.com

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

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