Teak Demand and Supply, market in next hundred years | Vatican Shona Agrotech
Next Hundred Years of Teak Demand and Supply in Market
Demand is unlimited, but supply is extremely limited in the vast market.
Teak is a large deciduous tree up to a Height 35ft to 60ft tall depending on the age of the tree and climate of the location. Talking or discussing the demand for the teak tree, its demand is always very high but the supply is extremely limited in the vast market. Teak wood is the most valuable premium wood. In the last few years, the teak wood industry was slightly changed. Maximum teak woods are supplied from South-east Asia like Myanmar, India, Thailand, etc. Myanmar is regarded as the home of teak wood and supplies as well as international marketing of teak wood since the 18th century. Demand for teak is universal we all know it. Myanmar has supply teak wood all over the world. Myanmar teak wood is the best quality heartwood available in the market,
Teak is known as a high-quality timber species with high resistance to decay and insect damage and it is known as a long-lived material. With all the afore-stated factors this has gradually gained importance when it comes to investing in agroforestry.
Benefits of teak wood in brief:
- According to doctors and various health sources – teak flowers and seeds are diuretics. The oil of its seeds is a hair improver and used in any itching destroyer.
- It reduces fats.
- Bark paste is applied to the forehead to reduce pain.
Importance even after 100 years:-
Teak has been used for thousands of years and is still one of the most desired woods on earth to this very day. So the thing i.e. special about teak wood is its amazing reclaimed – As trade expanded throughout the world, teak wood soon made its way to the European continent and became the perfect material or product for ships, furniture, buildings, and decor. It’s not uncommon to see old-growth teak found in ancient buildings and temples well over 800 years old.
- And it’s another reason that teak is so durable is its exposure to intense weather.
- Saving the Old Growth Teak.
A drawing or dining room without a teak tree design is totally incomplete. Teak wood takes a very long time for growing. Indian teak woods are basically needed for door frames, windows, and also a lot of furniture design, etc. the production of teak logs is partly made from natural forests and partly from the tree plantation. 88% state-owned and 12% privately owned.
Next hundred years in brief: –
Teak is considered to be one of the most valuable timbers available in the world. The last four decades have recorded India as a teak deficit country due to the due to excessive demand of the timber and exploitations that happened all the while. To meet the demands of wood based industries and growing population, Teak in India now needs to be imported. The production of teak is considered to be even lesser than 3% and the huge demand against it calculates up to 50% more compared to it. The demand is sure to increase in the coming years and understanding the same Vatican Shona Agrotech Pvt Ltd (VSAPL) is working towards strengthening the teak product through special plant tissue culture. This is actually the brainchild of Rajesh Singh Rathore who has spend his time researching and developing factors that can help the teak supply grow. While you are interested in investing in Agroforestry you should also know, teak enjoys world-wide reputation for its golden color and texture, along with being durable & easy to work.
Products of teak include:
- Sawn timber that is used for construction
- Veneer and plywood – used for Moulding, Strip and block flooring
- durable teak fiber used for Furniture components, Solid doors and flush doors, o window frames
- Laminated boards and panels
- Carved articles for decoration as well as household utensils and kitchenware.
As stated earlier, Teak is sure to grip the booming market in India as well as International Market. India’s wood based industry consists of more than 25,000 saw mills, 50 plywood mills and 22 enterprises dealing with veneers and wood based panels. Therefore, this is regarded as one of the risk-free investment that is sure to bring in optimum ROI.