1. Agarwood Chips (Oud Chips)
- Form: Small, irregular wood pieces, often resinous.
- Use: Burned as incense or for oil extraction.
- Market: High demand in Middle East, Southeast Asia; grades depend on resin content, age, and aroma.
2. Agarwood Oil (Oud Oil)
- Form: Essential oil extracted via distillation (steam, hydro, or supercritical CO₂).
- Use: Perfumery, aromatherapy, luxury products.
- Market: Very high-value; premium oils can sell at thousands of USD per kilogram.
3. Incense
- Form: Powdered or chipped agarwood combined with other ingredients to form sticks, cones, or coils.
- Use: Spiritual rituals, meditation, aromatherapy, home fragrance.
- Market: Popular in Asia and Middle East; often sold as artisanal or branded incense.
4. Candles
- Form: Agarwood-infused wax, often with natural oils.
- Use: Luxury home fragrance, meditation, gift items.
- Market: Niche luxury segment; candles are valued for slow-release aroma.
5. Beads & Jewelry
- Form: Agarwood carved into beads, bracelets, malas, or pendants.
- Use: Spiritual accessories, collectibles, meditation.
- Market: High-end artisan market, especially in East Asia and Middle East.
6. Perfumery & Blends
- Form: Agarwood oil blended with other essential oils or as a base note in perfumes.
- Use: Niche luxury perfumes, body oils, aromatherapy blends.
- Market: Global luxury fragrance industry; often associated with exclusivity.
Observation:
- Chips → raw material / incense
- Oil → luxury perfumes, high-value extract
- Incense & candles → lifestyle and spiritual market
- Beads → artisanal/spiritual market
- Perfumery → luxury and niche fragrance segment