Asia Plantation Capital
China is the world’s most populous country, with a population of over 1.38 billion in 2016, according to statistics provided by United Nations.. China is currently poised to be the world’s largest and fastest growing single market for agarwood. . Demand for agarwood and agarwood products has grown exponentially in China in recent years, and is believed to be worth USD billions. Specific figures are unfortunately unknown, as the market is dominated by domestic trade which is currently not recorded. In addition, the domestic nature of trade means it cannot captured by CITES and import/export trade statistics.
APC in China, has embarked on a joint venture with China’s Hua Lin Aloes Biological Engineering Co. Ltd., to install and operate an advanced Oud oil distillation facility, as well as to manage an existing agarwood chip and incense manufacturing and packaging factory.