Why Bulgarian Rose Oil Is So Expensive | So Expensive | Business Insider | Summary and Q&A

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October 14, 2023
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Why Bulgarian Rose Oil Is So Expensive | So Expensive | Business Insider

TL;DR

Demand for Bulgarian rose oil in luxury perfumes is high, but the limited supply and complex extraction process contribute to its expensive price tag.

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Questions & Answers

Q: Why is Bulgarian rose oil so expensive?

Bulgarian rose oil is expensive due to the limited supply, high demand from luxury brands, and the complex extraction process. Harvesters have only a few weeks to collect enough roses, and the low oil content means more flowers are needed to produce a kilo of oil.

Q: How is Bulgarian rose oil extracted?

Bulgarian rose oil is extracted through distillation. The harvested petals are poured into a distillation vat with water and boiled down. The steam is carefully controlled at a specific temperature and pressure to optimize the quality and consistency of the oil.

Q: What makes Bulgarian rose oil unique?

Bulgarian rose oil is considered unique due to its scent profile and complexity. Studies have found over 300 compounds in damask rose oil, making it more complex than other varieties. The cooler temperatures and humidity in Bulgaria's Rose Valley also contribute to the richness of the oil.

Q: Why do luxury perfume brands prefer Bulgarian rose oil?

Luxury perfume brands prefer Bulgarian rose oil for its unique scent and the qualities it adds to fragrances. Perfumers describe it as magical, fresh, and capable of adding sparkle or body to a fragrance. Its high demand and exclusivity also contribute to its appeal.

Q: How does the demand for Bulgarian rose oil affect the market?

The global demand for Bulgarian rose oil is growing, with the market projected to expand at a compound annual growth rate of 6.8%. Organic rose oil, like that produced by aggr product, is the fastest-growing segment. The high demand ensures a steady market for Bulgarian rose oil.

Summary & Key Takeaways

  • Bulgarian rose oil, made from thousands of kilograms of roses, is highly sought after by luxury perfume brands.

  • Harvesting only takes place for a few weeks each year, leading to a limited supply and higher prices.

  • The extraction process is meticulous and must be done immediately after harvesting to ensure the highest potency of oil.

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