Can sandalwood be exported from India?

Can sandalwood be exported from India?

The Government has now restricted the export of sandalwood oil, a move which is aimed to discourage the illegal shipments of the product from the country. “Export of sandalwood oil has been moved from ‘Free’ to ‘Restricted’ category’,” the Directorate General of Foreign Trade (DGFT) said in a notification (no.

What is the demand for sandalwood?

The current global demand for sandalwood hovers around 6,000 to 7,000 metric tonnes per year. India currently produces about 200 tons a year, with other foreign nations contributing 400 tons, leaving a shortfall of nearly 5,400 tons.

Is sandalwood a good business?

– Indian Sandalwood is highly prized due to its aromatic fragrant wood. – The oil extracted from sandalwood is used in perfumes, cosmetics, aromatherapy and medicinal preparations. Sandalwood cultivation is a highly profitable business which needs very minimal maintenance.

Is sandalwood endemic to India?

Red sandalwood or red sanders is a species of tree endemic to the Western Ghats of India.

What is the price of 1 kg of sandalwood?

Compare similar products from other sellers

	Sandalwood Log	Sandalwood Logs
	₹ 200/ Kg	₹ 6,000/ Kg
Color	Brown	Brown, Red
Length	Other	8′
Shape	Round	Round

Which country is the biggest market for sandalwood oil other than India?

Australia
Australia grows more sandalwood than India.

Who is the biggest exporter of sandalwood?

The Forest Products Commission (FPC), which governs the state-owned sandalwood resources of Western Australia, claims to be the largest supplier of sandalwood resources in the world.

Which country produces most sandalwood?

India
India contributes 90 per cent of the sandalwood oil production in the world.