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A whole range of qualities and products are on the market, varying in quality with geographical location, botanical species, the age of the specific tree, cultural deposition and the section of the tree where the piece of agarwood stems from. Oud oil is distilled from agarwood, and fetches high prices depending on the oil's purity. The current global market for agarwood is estimated to be in the range of US$6 â 8 billion and is growing rapidly.
The oud is one of the most popular instruments in Arabic music. Its name derives from the Arabic for 'a thin strip of wood', and this refers to the strips of wood used to make its rounded body.he use of Western equal tempered instruments in Arabic music is very widespread nowadays. These include the piano, electric piano, electric organ, synthesizer, accordion, guitar, electric guitar, electric (fretted) bass. Some of these instruments can be altered to produce quarter tones (see intonation in Arabic music).