Market Report On Himalayan Silver Fir (Abies spectabilis)

DESCRIPTION

Botanical Name: Abies spectabilis (D.Don) mirb

Distillation part of plant: Needles

Main Constituents: Pinene(25.75)

Local Name: Gobre Sallo

Family: Pinaceae

Altitude: 2800-4000 meters

Sourcing: Wild crafted

Production Month: August – November

Production: Contracted community forest groups

Distillation: Steam distillation

Sustainability and Impact on Local communities

Himalayan Silver Fir has provided a sustainable income source for rural farmers, transitioning from firewood harvesting to essential oil production.

The essential oil has reduced migration by offering young people viable opportunities at home.

Farmers now have an additional income source alongside traditional crops like anthopogon and jatamansi.

Aroma trips to silver fir regions allow buyers to see the oil’s origin while creating extra income for the local community.

These efforts promote sustainability, traceability, and long-term environmental and social benefits.

USES OF HIMALAYAN SILVER FIR

MEDICINAL USES

The leaves have carminative and expectorant properties. The juice of the leaves is used to treat asthma and bronchitis. It is also used to treat joint inflammation, coughs, stress, and infections. It is also used for detoxification, respiratory improvement, and body odor reduction.

AROMATHERAPY APPLICATIONS

Rheumatism, arthritis, and muscular aches and pains.

FRAGRANCE

Used as a fragrance component in deodorants, air fresheners, disinfectants, bath preparations, soaps, and perfumes.

The Growth and the Global Trend

Our journey with Himalayan Silver Fir essential oil began in 2016, after extensive research and development to understand its unique properties. We introduced the oil to the market in 2019, but the global launch faced delays due to the challenges brought on by the COVID-19 pandemic. Despite these setbacks, the oil has experienced remarkable growth and has quickly gained recognition worldwide for its exceptional quality and versatility.

What started with just 25 kg of Himalayan Silver Fir essential oil in its first year has now expanded to an impressive 1.5 tons annually. This rapid increase in demand reflects the oil's growing popularity and its status as one of the most sought-after essential oils globally. The oil’s high-altitude origin, sourced from the pristine, high-altitude forests of Nepal, contributes to its unique, robust aroma and therapeutic qualities, further solidifying its place in the global market.

Conclusion

Himalayan Silver Fir essential oil showcases the impact of sustainable practices on both local communities and global markets. By empowering farmers and ensuring responsible harvesting, it supports economic stability and environmental preservation. As demand grows, this oil highlights the potential for sustainability and innovation to create a more prosperous future.