In the review of significant trade (rst) of the convention on international trade in endangered species of wild fauna and flora (cites), India has successfully prevented the inclusion of Aquilaria malaccensis (agarwood) in CITES.
CITES has notified a new export quota of highly valuable and aromatic resinous wood and oil of Aquilaria malaccensis (agarwood) from India from April 2024.
Agarwood is cultivated in the northeast states of Assam, Manipur, Nagaland, and Tripura.
For the first time, Aquilaria malaccensis was listed in Appendix II of CITES in 1995.
For 2024–2027, the export quota recommended by the NDF stands at agarwood chips and powder/sawdust is 1,51,080 kg/year and agarwood oil is 7,050 kg/year
As per the study, 13.989 crores plant of agarwood are present in India.
Agarwood is utilised for different purpose such as in the aroma industry, in medicine preparations, air fresheners and purifiers.
