Rosewood is significantly more expensive than pine. This discrepancy in price is primarily due to the rarity, demand, and the wood's unique properties. Rosewood is a term that encompasses several species of hardwoods, including Dalbergia, which are highly sought after for their rich color, durability, and workability. These woods are often used in high-end furniture, musical instruments, and decorative items.

The rarity of rosewood is a major factor contributing to its high price. Many species of rosewood are listed under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), which regulates international trade in species that are threatened with extinction. The restrictions on trade and the limited natural populations of rosewood trees make it a highly prized and expensive material.

In contrast, pine is a common softwood that is widely available and used in various applications, including construction, furniture, and paper production. Pine is less expensive due to its abundance and the fact that it is easier to harvest and process than rosewood.

According to the International Wood Association (IWA), the price of rosewood can vary widely depending on the species and quality, but it often ranges from $100 to $1,000 per cubic foot, while pine is typically priced between $0.50 and $1.50 per cubic foot. This price difference is substantial and reflects the significant value placed on rosewood in the market.

Moreover, the demand for rosewood is driven by its aesthetic appeal and cultural significance. In many cultures, rosewood is associated with luxury and elegance, which further inflates its price. In contrast, pine is a more utilitarian material that is valued for its practicality rather than its aesthetic qualities.

In conclusion, rosewood is significantly more expensive than pine due to its rarity, demand, and unique properties. The restrictions on trade and the cultural value of rosewood contribute to its high price, making it a sought-after material in the luxury market.