Ebony is generally more expensive than teak. This is due to several factors, including the rarity of ebony wood, its unique grain patterns, and its high demand in the luxury furniture and musical instrument markets.

The rarity of ebony wood is a significant contributing factor to its higher price. Ebony trees are native to tropical regions and are highly sought after for their dense, dark wood. However, due to overharvesting and habitat loss, ebony trees are now listed as endangered by the International Union for Conservation of Nature (IUCN). This scarcity drives up the cost of ebony wood, making it more expensive than teak.

Additionally, ebony wood is prized for its unique grain patterns and rich, dark color. The wood's grain is typically straight and fine, which allows for intricate woodwork and fine furniture designs. This aesthetic appeal further contributes to the higher price of ebony.

Furthermore, ebony is a popular material for making high-quality musical instruments, such as pianos, guitars, and bows. The wood's dense and resonant qualities make it ideal for these applications, which also drives up its price.

In contrast, teak is a more common and readily available wood species. It is native to Southeast Asia and is known for its durability and resistance to moisture, making it a popular choice for outdoor furniture and boat decks. While teak is still a valuable and sought-after wood, its abundance and more widespread use result in a lower price point compared to ebony.

According to the U.S. Forest Service, the average price of ebony wood in 2020 was around $20 to $30 per board foot, while teak wood was priced at approximately $8 to $12 per board foot. This significant price difference highlights the higher value placed on ebony due to its rarity, unique characteristics, and specialized uses.