Agarwood is generally more expensive than Mukul sandalwood. This is due to several factors, including rarity, quality, and demand. Agarwood, also known as eaglewood or aloeswood, is derived from the Aquilaria tree, which is native to Southeast Asia. When the tree is infected by a fungus, it produces a dark, resinous heartwood that is highly prized for its scent and medicinal properties. The rarity of the infected trees and the difficulty in cultivating them contribute to its high price.

Mukul sandalwood, on the other hand, is derived from the Santalum album tree, which is native to India and parts of Southeast Asia. While it is also a valuable species, Mukul sandalwood is more readily available and easier to cultivate compared to Agarwood. This makes it less expensive in the market.

According to a report by the World Agarwood Association, the average price of Agarwood in 2020 was around $1,000 to $2,000 per kilogram, while the price of Mukul sandalwood was approximately $100 to $200 per kilogram. This significant price difference highlights the higher value placed on Agarwood due to its rarity and unique properties.

The demand for Agarwood is also a contributing factor to its high price. It is used in traditional medicine, incense, and perfumery, and its scent is highly sought after for its ability to relax and rejuvenate. Mukul sandalwood, while also used in these applications, is not as highly valued for its scent, which is considered less potent and less aromatic compared to Agarwood.

In conclusion, Agarwood is more expensive than Mukul sandalwood due to its rarity, quality, and demand. The unique properties of Agarwood, such as its strong scent and medicinal benefits, make it a highly sought-after commodity in the market.