How much is a sandalwood tree worth?

How much is a sandalwood tree worth?

After the age of seven to eight years, the heartwood of a sandalwood tree grows by 1 kg every year, and its market price is between Rs 3,000 and Rs 6,000 per kg.

Is sandalwood a good investment?

The number of farmers is increasing to cultivating sandalwood in Gujarat. Till then farmers will have to invest. But if sandalwood is grown around a shed, machine, or well, it gives good returns.

How long does it take for a sandalwood tree to mature?

Early growth rates in this environment suggest that after 20 years the sandalwood trees might reach a commercial diameter of 12 – 15 cm although it might be worth waiting longer as the trees will be increasing in value all the time.

What is the lifespan of sandalwood tree?

They may live to one hundred years of age. The tree is variable in habit, usually upright to sprawling, and may intertwine with other species. The plant parasitises the roots of other tree species, with a haustorium adaptation on its own roots, but without major detriment to its hosts.

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How do I identify a sandalwood tree?

The features of Sandalwood tree leaves are extracted from shape, color, vein and texture. All the features are utilized in the identification system. identification systems did not incorporate color information. Color, shape and texture are the common features involved in several applications.

Why is growing sandalwood illegal?

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.

How much money does sandalwood farming make?

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.

Is there a 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.

Does sandalwood tree attract snakes?

You must have seen or heard that snakes are often wrapped with sandalwood trees. But have you ever wondered why this happens? Do they like the fragrance of sandalwood or is it something else. As far as the labor of snakes is concerned, scientists have proved that snakes do not have the labor of smell.

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Why sandalwood is so expensive?

Hema Vijay writes on the benefits of growing this fragrant tree at home. 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.

Why do snakes live on sandalwood trees?

As far as the labor of snakes is concerned, scientists have proved that snakes do not have the labor of smell. They take stock of the surrounding environment with their tongue. But the snakes are wrapped around the sandalwood tree, not because of the scent of sandalwood but to keep themselves cool.

Which country is the largest producer of sandalwood?

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

How much wood does a sandalwood tree produce per year?

If you provide proper climate conditions, soil and irrigation to sandalwood tree so, per year it can grow 5 cm girth. Almost, You can get the 10 to 25 kg sandalwood tree wood depends on the tree growth. Sandalwood tree growths are depending on the many factors. Age of Sandalwood Tree (in years). Girth (in cm). Hear wood yield (in kg).

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Is it legal to grow sandalwood?

Growing sandalwood by individuals was banned until 2002. Today, we can grow the trees but it is illegal to cut and harvest the wood, use it or sell it in the open market. Permission is required from the forest department of the state, which sends its officials to cut the tree and buy

What are the health benefits of sandalwood?

Health Benefits of Sandalwood 1 Sandalwood tree paste and its essential oil work as very effective anti-inflammatory agents. 2 Mostly, sandalwood trees are used for making perfumery products and deodorants. 3 Sandalwood tree oil is used for reducing stress and hypertension. 4 Sandalwood is mainly used in religious rituals in India.

What is the best climate for sandalwood trees?

Pick a sunny climate with moderate rainfall. Sandalwood does best in places with lots of sun, moderate rainfall, and fairly dry weather for part of the year. They prefer a temperature range of 12°-30° C (53°-86° F). The annual rainfall should be in the range of 850-1200 millimeters (33-47 inches).