The business of Oud, one of the world’s most expensive scents Oud has been a key ingredient of traditional Middle Eastern perfumes for thousands of years. The distinctive musky scent comes from the wood of the Indian and South American Agarwood tree. HOW MUCH DOES OUD COST? Extracting the aromatic dark resin from Agarwood trees is costly. A kilo of oud wood yields just 1ml of resin and a 12ml bottle of high-quality oud can cost up to 2,700 euros (3,000 US dollars). #ctto #agarwoodphilippines #ou