It’s prized the world over for its durability and beauty and has long been a status symbol; to own something made from teak really means something. But what is teak and why does it matter today?
Teak, or Tectona Grandis, is a large, deciduous, hardwood species found throughout Southeast Asia in environments under 900m in elevation that receive over 500mm of annual rainfall. Teak is known is primarily known for its durability; it is naturally water-resistant and contains resins that repel and termites and slows rot. Because of these qualities, teak wood is valued for its ability to resist the natural elements and is often used in outdoor furniture and yacht and sailboat building.
Teak is native only to India, Indonesia, Lao PDR, Malaysia, Myanmar and Thailand. Of the estimated 29 million hectares of naturally occurring teak forests, almost half are found in Myanmar. It is important to note that only Myanmar does not enforce a logging or export ban on teak, so all legally-harvested natural teak on today’s market is Burmese. The cost of this Burmese teak can be quite high – the market price for some wood can reach than $4,000/m3. This represents the most expensive teak, as natural teak is valued higher than its planted counterpart. There are several reasons for this disparity. First, plantation teak has smaller dimensions than natural teak and rarely reaches the size of a natural tree. Secondly, there is a perception among many buyers that plantation teak is less dense than natural timber and thus is of a lower quality. In addition, natural teak is a rare resource. As mentioned, Myanmar is currently the only country exporting natural teak and its forests are decreasing every year, making prized Burmese wood rarer and more expensive.