The most expensive type of wood depends on its rarity, demand, and quality. Some of the costly woods include African blackwood, agarwood, and snakewood. Agarwood is the most expensive due to its unique resin and cultural significance.
And the winner is...Oak! The most popular wood species is and remains oak. No wonder, its unique texture and attractive color is in our DNA, so to speak.
Agarwood resin only forms when the Aquilaria tree gets infected by a specific fungus (Phaeoacremonium mold, P. parasitica). The rare and random process makes the resin incredibly hard to find, making it the most valuable wood.
Walnut trees are always one of the most demanded trees in the wood industry. Oaks, maples, cherry, and ashes are also valuable trees. A high-quality veneer tree with a large diameter can be worth a lot but they are rare. A common rule is the bigger the log, the more it is worth.
The most expensive type of wood depends on its rarity, demand, and quality. Some of the costly woods include African blackwood, agarwood, and snakewood. Agarwood is the most expensive due to its unique resin and cultural significance.
The most sought after "rare" wood and one of the hardest to obtain is probably Brazilian Rosewood. It's pretty much the ivory of wood. If you can find any, it was milled and used pre-ban (1970) or was harvested illegally.
Why is Gaboon Ebony so expensive? Gaboon Ebony is expensive due to its rarity, slow growth rate, and high demand in luxury markets.
Walnut is a semi-hard wood but with great modeling by the craftsman. The dark color of the walnut with veins tending to black, which stand out after polishing, makes it possible to create particularly elegant furniture. Oak is another of the more luxurious types of wood. Oak wood is heavy, solid and long-lasting.
African blackwood (dalbergia melanoxylon) is the most expensive woods in the world because it comes from a slow-growing near-threatened tree. It grows in dry savanna regions in southern and central Africa. This multi-stemmed tree grows to about 25 feet tall on average.
“What piece of furniture sells the most?” Side tables with storage, side tables without storage, chairs and sofas, Bookcases, and chests that can be used as entertainment stands, and pretty much in that order.
There are several ways to make money with lumber and wood products, including selling handcrafted furniture, custom cabinetry, or home decor items. You can also create and sell wooden crafts, flooring, or even wood for firewood.
If you have some white oak trees on your woodlot and are wondering how much a large oak tree is worth, you're on the right track — white oak trees have a high stumpage value, making them some of the most valuable ones in your forest.
Mahogany Today
Mahogany is now an endangered species, due to illegal logging and rampant overharvesting. The Convention on Trade in Endangered Species (CITES) placed controls on its importation in 2022.
Apple and Cherry trees, especially when grown for high-quality fruit markets, can be very profitable. Walnut trees, although taking longer to mature, provide valuable timber and nuts, ensuring a steady revenue stream over time.
You buy ebony and rosewood from the same places that you've always bought them. These woods are still legal to import provided they have not been illegally sourced. In practice this means your supplier must furnish certifications that the wood was harvested legally.
Ebony is a dense black/brown hardwood, coming from several species in the genus Diospyros, which also includes the persimmon tree. A few Diospyros species, such as macassar and mun ebony, are dense enough to sink in water.
With its incredible value, a single mature black ebony tree **could be worth up to $1 million** on the black market.
History Supreme Yacht is the most expensive thing in the world with a price tag of $4.8 billion. While it's not pronounced as the largest yacht in the world, it still took three years to design this luxury.
Following the path of ivory, in 2003, mahogany was listed on the Convention on Trade in Endangered Species (CITES) as a species in need of strict regulation to prevent its extinction. Because Peruvian mahogany is traded in violation of CITES, it is illegal to trade or possess it under the U.S. Endangered Species Act.
Sheesham Or Indian Rosewood
Dalbergia or Sheesam is the best wood to make furniture for both contemporary and traditional styles. Sheesham is not only tough and durable but the attractive wood grain craving can make your visitors want to order some furniture made of Sheesham wood.