• Sandalwood Dreams, Part 8: Uses and Markets

      In the wrap-up to this series we will find out where to buy sandalwood oil, sandalwood wood and list the various uses and markets for this enlivened product.

      First let's step back in time to a sandalwood report published in 1925.


      SANDALWOOD OIL INDUSTRY OF INDIA
      Journal of the Royal Society of Arts
      Vol. 74, No. 3813 (DECEMBER 18th, 1925), pp. 119-120
      Published by: Royal Society for the Encouragement of Arts, Manufactures and Commerce
      Article Stable
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      Over the past 15 years the price has increased on a compound basis by 16 % per annum.

      The trial harvest of Australian album oil by TFS in 2011 sold for $US4,000 per kg. This was an 80% premium on the 2011 spot price of $US2,100 per kg. Today Mysore sandalwood oil has a spot price of $US2,500 per kg.

      TFS anticipates that it will be the dominant global producer of Santalum album sandalwood by 2020. The markets for sandalwood include perfumery, religious statues and prayer beads as well as incense and medicine. Currently in R&D is a wart removal trial using sandalwood oil.

      The world now has a reliable, legal and sustainable supply of Australian album (Santalum album) sandalwood. This will deliver stability for the market uses noted above.

      This has been a series of sandalwood dreams which have turned into a heightened and sustainable reality.

      Australian album Sandalwood Oil GIVEAWAY

      Basenotes draw: 1 of 8 sampler ~5ml bottles (as pictured in Part 7) of Australian album sandalwood oil, courtesy of TFS.


      How to enter

      Please leave a comment below letting us know something new or interesting that you learnt from any section of the Series of Sandalwood Dreams.

      Please note that the gift recipient postal addresses will need to be given to TFS for the mail-out. This giveaway is open to anyone, anywhere in the world.


      Draw Now Closed




      TFS Contact Information

      If you would like to experience Australian album sandalwood oil or wood the contacts are:

      Home and Small Business buyers - TFS products page

      Commercial Quantity
      Australian album Oil - TFS commercial enquiries
      Australian album Wood - TFS commercial enquiries

      TFS Video


      Related articles






      Sandalwood Dreams Series - by Jordan River


      1. Myths & Dreams
      2. The Perfumed Chamber
      3. Planting Santalum album Sandalwood in Australia
      4. Harvesting
      5. Grading, processing and shipping to the distillery
      6. Distillation
      7. What does it smell like?
      8. Uses and Markets

      About the author Jordan River
      Author AvatarJordan River is the host of The Fragrant Man and also writes for Olfactoria's Travels and Australian Perfume Junkies. Jordan has been been reading Basenotes and other fragrance websites for the past few years and enjoys the confluence of subjectivity, knowledge and opinion. He is not a Perfume Pontiff and is always happy to be enlightened by your own knowledge and challenged by differing opinions.

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      Comments 93 Comments
      1. annamadeit's Avatar
        annamadeit -
        See above...
      1. annamadeit's Avatar
        annamadeit -
        All great, big, relevant questions, for sure, Gimmegreen. I always think of sustainability (or anything else, for that matter) as rings on the water. Everything we do causes a definite ripple effect. But I'm afraid that as long as the sheer number of humans and their many actions on this earth so dramatically skews the fragile balance that true sustainability requires, no effort is ever going to be perfectly sustainable. I once worked on a Living Building Challenge, which has very strict rules about what is permissible. It was hugely challenging, and although everyone did the best they could, and in the end it was as good as we could get it, it still wasn't perfect. A humbling experience indeed. I think we just all have to highlight and cherish those that are trying, and realize that we can always do better. And most importantly - don't ever stop asking the difficult questions!
      1. Cason's Avatar
        Cason -
        I am extremely surprised to learn the price of Australian sandalwood is more than the Mysore. That's hard to believe considering the price some charge for the oil. Maybe it's due to the availability. I prefer Australian myself. I have some oil from the nineties and it's Mysore but u think its inferior to Australian of today.
      1. Mark's Avatar
        Mark -
        Thanks for the great series, Jordan. Interesting to read that the current price for the oil is above that for Indian Mysore oil. I read elsewhere a while ago that the end price is expected to drop when harvesting and production reaches its full potential to around $2700/kg (at around 3.7% yield) - which is still pricey!
      1. TXAggie's Avatar
        TXAggie -
        I have a degree in Chemistry and Supply Chain Management so this series of articles was especially interesting to me. I would very much appreciate similar series on other essential oils. Thanks very much for the insight and history lesson.
      1. Jordan88888888's Avatar
        Jordan88888888 -
        Quote Originally Posted by Cason View Post
        I am extremely surprised to learn the price of Australian sandalwood is more than the Mysore. That's hard to believe considering the price some charge for the oil. Maybe it's due to the availability. I prefer Australian myself. I have some oil from the nineties and it's Mysore but u think its inferior to Australian of today.
        Interesting Cason.Only your nose knows what it likes! Into the draw you go.
      1. Jordan88888888's Avatar
        Jordan88888888 -
        Quote Originally Posted by TXAggie View Post
        I have a degree in Chemistry and Supply Chain Management so this series of articles was especially interesting to me. I would very much appreciate similar series on other essential oils. Thanks very much for the insight and history lesson.
        TXAggie, thank you for your comment. I learnt a lot myself in the research process for this series. Mentioning Supply Chain and History will place you in the drawl Just! With those qualifications I hope you have a rewarding and fascinating job.
      1. Jordan88888888's Avatar
        Jordan88888888 -
        Quote Originally Posted by Mark View Post
        Thanks for the great series, Jordan. Interesting to read that the current price for the oil is above that for Indian Mysore oil. I read elsewhere a while ago that the end price is expected to drop when harvesting and production reaches its full potential to around $2700/kg (at around 3.7% yield) - which is still pricey!
        Hello Mark. Yes the market could very well do that or not! You have now been placed into the draw for a valuable and an historic oil.
      1. Ularewolf's Avatar
        Ularewolf -
        The smell of sandalwood is something I don't know if I've truly experienced, so the "what it smells like" section was particularly interesting to me since I see the different areas it's harvested gives off a different smell. So cool! I would love to have a little bottle of this to experience a true sandalwood experience and relate it to fragrances I have smelled.

        I also would love to dabble in fragrance-creation so this would definitely put me over the edge for that.
      1. Jordan88888888's Avatar
        Jordan88888888 -
        Over the edge you go Ularewolf and into the hat for the draw. If you win remember that this is an ingredient not a composed perfume. This oil is also young not vintage. Hours of fun ahead for you!
      1. Ularewolf's Avatar
        Ularewolf -
        Quote Originally Posted by Jordan88888888 View Post
        Over the edge you go Ularewolf and into the hat for the draw. If you win remember that this is an ingredient not a composed perfume. This oil is also young not vintage. Hours of fun ahead for you!
        Oh indeed. I want to experience the ingredients more. Thanks for this opportunity!
      1. juanderer's Avatar
        juanderer -
        18% a year?!

        I was amazed to learn that there is a sandalwood- based wart removal product in R&D stages. I wonder what impact in the price inflation of sandalwood this will have if it proves successful.
      1. arlecchino's Avatar
        arlecchino -
        What a fascinating series of articles! Thank you Jordan.

        I had no idea at all that this industry had been in the planning to this extent in Australia since the '90's. It's very amazing when I think of the time, money, and foresight needed to accomplish this. I'm particularly impressed with the way the distillation process uses waste wood from the local timber industry and recycled water.

        It brings me joy that there continues to be such a demand for pure, natural santalum album oil and wood and that its value is still so strongly recognized. I like to imagine that if I were in Purna's place, I would make the same wise investment he did!

        I wish TFS all the best in their endeavors!
      1. Fungusamongus's Avatar
        Fungusamongus -
        I'd like to be considered for the draw. Very curious about this oil as I am a sandalwood buff. What I learned that surprised me was the relatively low rate of cost increase per year (in the teens). My experience is that the price has been increasing faster. Maybe this is just retail in my region. I am excited about this project and very curious to smell how young oils like these compare to stuff distilled from older trees. Thanks!
      1. Darjeeling's Avatar
        Darjeeling -
        Fascinating to read the description of how the Australian oil smelled and the possible impact of the Australian terroir on the product. It would be interesting to blind test this to make sure it wasn't due to some kind of expectation bias from knowing what is being sniffed.
        Hopefully it wasn't due to contamination from eucalypts in some way (e.g. small quantities of eucalyptus leaves getting into the harvest is thought to be responsible for a slightly minty quality in some Australian red wines).
      1. DL Johnson's Avatar
        DL Johnson -
        Thank you for a concise and informative history of the Sandalwood industry; especially pleased to read Australia's Santalum Album has been well received. I was surprised to find out the extent to which the plant was harvested (roots included!) and find comfort that forestry sustainability is being employed.
        Happy New Year to all!
      1. Kinglsat's Avatar
        Kinglsat -
        I was amused by the testers who could smell Australia in the new source of oil. I learned, to my surprise, that the oil improves with time.
        Very interesting series of articles, and thank you for the Giveaway.
      1. Jennapa's Avatar
        Jennapa -
        Hi, Just got here, under the drawing wire. Now I need to go back and read everything. Thus far I learned that the Aussie sandalwood was worth more then the Mysore. Thank you.
      1. Jordan88888888's Avatar
        Jordan88888888 -
        Quote Originally Posted by juanderer View Post
        18% a year?!

        I was amazed to learn that there is a sandalwood- based wart removal product in R&D stages. I wonder what impact in the price inflation of sandalwood this will have if it proves successful.
        Juanderer The Wanderder? Cool name. Yes the R&D is a massive and rigorous operation. Ha, inflation, I wonder too. Now I will stop wondering and put your good name in the draw. We will draw this soon.
      1. Jordan88888888's Avatar
        Jordan88888888 -
        Quote Originally Posted by Jennapa View Post
        Hi, Just got here, under the drawing wire. Now I need to go back and read everything. Thus far I learned that the Aussie sandalwood was worth more then the Mysore. Thank you.
        En pointe Jennapa. Right on time for the draw!



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