The Economics of Oud Mining: Why Natural Oud Commands Premium Prices
Oud has long been regarded as one of the world's most precious natural fragrance materials. Its deep, complex aroma and cultural significance have made it a prized ingredient in traditional perfumery across the Middle East, South Asia, and beyond. But behind the luxurious scent lies an equally fascinating economic story. Natural oud is expensive not simply because it is considered luxurious,...