Rosewood is generally more expensive than oak. This is due to several factors, including the rarity of rosewood species, their restricted trade, and the demand for their unique grain patterns and rich colors. According to the International Trade Centre, the price of rosewood can vary widely depending on the specific species, but it often exceeds $10,000 per cubic meter, whereas oak is typically priced between $1,000 and $3,000 per cubic meter. The CITES (Convention on International Trade in Endangered Species of Wild Fauna and Flora) regulations have also contributed to the increased cost of rosewood, as many species are endangered and their trade is heavily regulated. Oak, on the other hand, is a more common and sustainable wood, making it more affordable for consumers and manufacturers.