Rosewood is generally more expensive than Mahogany. This is due to several factors, including its rarity, the international trade restrictions placed on certain species of Rosewood, and its aesthetic appeal. According to the International Tropical Timber Organization (ITTO), Rosewood is a highly sought-after wood due to its rich color, durability, and workability. The CITES (Convention on International Trade in Endangered Species of Wild Fauna and Flora) has also imposed strict regulations on the trade of Rosewood, which has further driven up its price. In contrast, Mahogany is more readily available and has a lower market value, although it is still considered a premium wood due to its durability and attractive grain patterns.