Why frankincense and myrrh are so expensive - Business Insider

Frankincense and myrrh are perhaps best known for their biblical connotations. But this tree sap has been prized across the world for over 6,000 years. These fragrant incense pieces come from the Burseraceae family of trees and are found across the Horn of Africa and the Arabian Peninsula. But despite recent attempts to protect these trees, they could soon be headed for extinction.

Frankincense and myrrh were some of the most highly prized commodities in ancient civilizations and became the driving force behind the creation of the incense trade routes, a vast network of major land and sea passageways dating back to 300 BC that linked the Mediterranean to luxury goods from the south. At the height of their use, these routes allowed the transport of approximately 3,000 tons of incense every year, hauled by camels.

Today, alongside its medicinal and cosmetic uses, frankincense has found a surge in popularity as an essential oil, which in its purest form can be sold for as much as $6,000 per liter. Frankincense essential oil alone generated more than $190 million in 2018, and that's expected to exceed $406 million by 2028.

But with so much money to be made from damaging a tree, the tapping process, which should happen only two or three times a year, is under threat not only from environmental dangers such as wildfires, but also from local untrained tappers. It can sometimes take decades for these trees to start producing resin, so the sustainability of the species relies on injuring the tree without killing it.Unfortunately, the harvesting process of frankincense is very damaging to the tree.

We don't want it extinct yet we can't stop tapping it. Humans. 😌

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PU comments AlphaFoxtrot12 plz😁why can't we have it in Pakistan.

thanks

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