How Much Does Frankincense Cost?

by | Last updated on January 24, 2024

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Frankincense essential oil can be sold for as much

as $6,000 per liter

.

How much does frankincense essential oil cost?

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.

Why is frankincense expensive?

The sacred trees that produce Frankincense and Myrrh are almost impossible to grow outside of the Arabian Peninsula, which meant they were constantly in short supply and high demand. According to a famous Roman historian, the sap made

the Arabians the richest people on earth

by Jesus’s time, more valuable than gold.

How much does myrrh cost?

A pound of granular myrrh for incense sold by a vendor called New Age on Amazon.com runs

$13.95

. The cost of gold has been volatile — it was so highly prized during recent uncertain economic times that it neared $1,900 an ounce. It’s currently hovering around $1,600.

Which is more expensive frankincense or myrrh?

Solid frankincense resin can be sold at up to £37.33 per kilo, according to the International Centre for Research in Dry Areas.

Myrrh is roughly twice as expensive

, but prices are volatile – something that can also be said for the Wise Men’s third gift. … About 2,000 tons of frankincense is produced each year.

Why did Jesus get frankincense?

The gift of frankincense is said to have

been an acknowledgement of Jesus’ priesthood

, setting him apart from a typical king. Frankincense was used in the temple routines, burned ceremonially by the priests.

Is frankincense worth the money?

Frankincense and myrrh have been prized across the world for over 6,000 year. The Roman Catholic Church uses an estimated 50 metric tons of frankincense a year. Frankincense essential oil

can be sold for as much as $6,000 per liter

.

What is the difference between frankincense and myrrh?

Frankincense and myrrh are both resins extracted from trees in the Burseraceae family, also known as the torchwood or incense family. Frankincense comes from the dried sap of Boswellia trees, while myrrh comes from the lifeblood of the Commiphora.

Can you still buy myrrh?

The supplement tested isn’t available in the US, and ingesting myrrh oil is not recommended. You can buy myrrh-containing

homeopathic rubbing oils

and other essential oils meant to relieve pain when applied directly to sore body parts.

What is the most expensive essential oil in the world?

A very expensive one, since the price per ounce is a staggering $2,256, making it the most expensive essential oil in the world.

Why is frankincense the king of oils?

Frankincense has earned its title as “The King of Oils”

because of its versatility

. When used topically, frankincense touts powerful anti-aging properties. It promotes cellular function and the appearance of healthy-looking skin, evening out skin tone and minimizing blemishes.

What is the best way to take frankincense?

Although some may recommend ingesting a small amount of frankincense with food, this isn’t a medically sound approach. You shouldn’t ingest any essential oil. Instead,

dilute one to two drops of frankincense oil with 1 to 2 drops of a carrier oil

, such as coconut or jojoba oil.

What are the benefits of frankincense?

The oil’s aromatic properties are said to

promote feelings of relaxation, peace, and overall wellness

. It’s also thought that frankincense can help support cellular function, so it’s often used to soothe skin and reduce the appearance of blemishes.

What are the 7 healing oils in the Bible?

  • Aloes. Wondering why the cactus-like plant is here? …
  • Cassia. Unlike the herb senna, whose proper name begins with Cassia, the cassia of the Bible resembled our cinnamon more than anything. …
  • Cedarwood. …
  • Cypress. …
  • Frankincense. …
  • Galbanum. …
  • Hyssop. …
  • Myrrh.

Who gave Jesus myrrh?

Myrrh mystery: how did

Balthasar

, one of the three kings, become black? They came bearing gifts of gold, frankincense and myrrh.

Is frankincense poisonous?

Frankincense is natural, but like many other natural substances,

it can be poisonous

. Some people who have used frankincense extract have experienced: stomach pain. nausea.

David Martineau
Author
David Martineau
David is an interior designer and home improvement expert. With a degree in architecture, David has worked on various renovation projects and has written for several home and garden publications. David's expertise in decorating, renovation, and repair will help you create your dream home.