Cabreuva oil is obtained by steam distillation of the wood of Myrocarpus frondosus. It is known locally as Incienso Rojo.
It is a large tropical tree growing up to 15 metres high. It grows wild throughout the northern part of Paraguay.
The wood has many attributes including a floral, almost rose type odour and is commonly used in perfumery. It is high in nerolidol with around 55% naturally occurring.
Despite the tree being able to be harvested all year, local weather (both heat and rains) can cause prolonged periods of gaps in harvesting; meaning supply is not always as constant as it may appear it should be.
The oil also has antiseptic qualities and is found in some traditional topical products to treat minor wounds.
There is good supply of the oil. Production volumes are satisfactory. Prices are expected to hold steady till the end of 2024.
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