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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.
There are two main reasons for wearing oud: for oneâs personal enjoyment, and for others. It is an absolute delight studying the evolution of the complex smell of oud on your skin for hours, for your own enjoyment. Many varieties of oud evoke olfactory memories, and it can be fun identifying them as the oil develops on your skin.. 1  For oneâs personal enjoyment, it is recommended to apply the oil to oneâs outer forearm, 2 â 3 inches above the wrist. Even the tiniest amount will be sufficient.