Name of the top 5 expensive trees that has great demand in India and in some other countries as well is given here.
Top 5 expensive trees in India
- Agar tree.
- Sandalwood tree.
- Teak tree.
- Mahogany tree.
- Coconut tree.
1. Agar tree
The agarwood tree is one of the most expensive trees in the entire world that can be used for cultivation. In India, the tree is majorly grown in Assam and nearby states. This tree needs a good amount of water and it grows easily in regions having good rainfall throughout the year. Resin development is one of the crucial challenges in this tree and it is the main product that has royal market value. By planting 500 trees Rs 10 crore can be achieved view the full project report here.
2. Sandalwood tree
This is popularly known as the Chandan tree in India. It is one of the most expensive trees not in India but in the entire world. However, this tree is not a ground in entire India due to some confusion and myth. People assume that it is banned and the government will take some action if they will grow this tree in their city or place. This is not the truth instead no permission is needed for planting sandalwood, however, permission is required during the harvesting.
The government will easily allow you to harvest the tree if you will sell the tree through their channel. Yes, this is only the condition for harvesting sandalwood trees, it simply means it is not banned, it’s just an assumption of people and assumptions are not practical.
You can check the complete project report and correct cultivation practices of this tree here. This tree is mainly cultivated for the heartwood present in it. However, other parts are also sellable but heartwood has great international demand and value. By planting 350 trees in one acre rupees 2 crore can be achieved. You can view the in-depth cultivation information by clicking the above link.
3. Teak tree
You have often seen trees by roadsides. It is also grown as park avenue trees and is easily available throughout India. Teak wood is very costly and has great domestic and international demands. Due to rot resistance capacity it is used in making ship decks, boats and furniture etc.
4. Mahogany tree
It is my favourite tree and one of the most demanded trees worldwide. It’s my favourite because this tree needs very less care and water to grow moreover it can grow almost in any climate condition soil and region. In India, mahogany cultivation is in progress and farmer are doing its cultivation in Rajasthan, Bihar, Assam and southern regions of India.
The tree has lightweight wood and it is not sold according to the weight instead it is sold according to the girth. It is an endangered tree mostly grown in jungles and this tree is well known as long timber and widely grown in the Philippines. It is a tonewood used for making musical instruments such as guitars, veena and guitar necks etc. Similar to teak wood mahogany wood has rot resistance capacity and it is widely used in making boats and ship decks.
African mahogany is the best variety in comparison to all varieties including Indian mahogany so it is recommended whenever you will start its cultivation choose the African mahogany variety. This variety needs 8 to 12 years to get ready for harvesting. A single mahogany tree selling price after 10 years is around Rs 15k. Get complete info about this tree here.
5. Coconut tree
Mostly grown in the South Indian region due to suitable climate conditions. The average coconut yield per tree is 35 fruits and a healthy tree can produce around 75 fruits. A 15 year old coconut tree is set for peak production. Around Rs 1 lakh per acre can be achieved by planting 150 trees. By planting 150 coconut trees per acre around Rs 1 lakh can be achieved. Get the complete project report and cultivation information here.
