Agarwood Oil

Agarwood essential oil, also known as Oud oil, is another expensive essential oil derived from a rare tree. The Agarwood tree is an endangered species that takes a long time to mature in a few areas of Southeast Asia and New Zealand before it can be used as an essential oil ingredient. The oil is extracted from the bark after it has been covered in a mold – it is from this mold that a film of resin is extracted, enhancing the useful properties of this essential oil.

Agarwood essential oil is used to treat nervous disorders and cure depression and is thought to have calming properties that increase demand. Agarwood essential oil works to relieve pain as well as reduce stress, and its sedative-like properties make it an effective sleep inducer.

The production and harvesting of the Agarwood tree is tightly controlled, and when combined with the patience required to wait for the required mold to appear, a single ounce will set you back $850. Agarwood oil is known for its exceptionally sweet and woody fragrance, in addition to its numerous health benefits, though its high price limits its use to the world's wealthiest models.

Price: $850 Per Oz