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Related Experiment Videos

Sandalwood: the royal tree.

J E Fox1

  • 1School of Environmental Biology, Mulga Research Centre, Curtin University, Perth, Western Australia.

Biologist (London, England)
|February 24, 2001
PubMed
Summary

Sandalwood is a highly valuable tree, comparable to precious metals and gems. Its worth stems from demand driven by ritualistic use, fashion trends, and limited supply, presenting significant economic opportunities.

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Area of Science:

  • Ethnobotany
  • Economic Botany
  • Forestry

Background:

  • Sandalwood (Santalum album) is recognized globally as an exceptionally valuable timber.
  • Its economic significance is comparable to precious commodities like gold and diamonds.

Purpose of the Study:

  • To explore the multifaceted value of sandalwood.
  • To understand the drivers behind its high market demand.

Main Methods:

  • Literature review on sandalwood's historical and current uses.
  • Market analysis of sandalwood supply and demand dynamics.
  • Case studies on economic opportunities related to sandalwood.

Main Results:

  • Sandalwood's value is primarily attributed to its aromatic wood, used in traditional rituals, perfumery, and religious ceremonies.
  • Scarcity, driven by overharvesting and slow growth rates, significantly inflates its market price.
  • Strong global demand persists due to cultural significance and its unique fragrance profile.

Conclusions:

  • Sandalwood's unique combination of ritualistic importance, aesthetic appeal, and rarity solidifies its status as a high-value natural resource.
  • Sustainable management and cultivation practices are crucial to meet demand while preserving this valuable species.

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