Golden camphor wood is generally more expensive than sandalwood. This is due to several factors, including rarity, cultural significance, and demand.

Golden camphor wood, also known as camphor laurel, is highly valued for its aromatic properties and is used in traditional Chinese medicine and incense. It is also prized for its durability and resistance to decay, making it a sought-after material for furniture and construction. The tree is native to Japan, China, and Taiwan, and its slow growth rate contributes to its rarity. The demand for golden camphor wood has been increasing, particularly in China, where it is used in traditional ceremonies and rituals. This high demand, coupled with limited supply, drives up the price.

Sandalwood, on the other hand, is another highly prized wood, known for its sweet, exotic scent and its use in perfumery, incense, and traditional medicine. Sandalwood trees are native to India, Australia, and Southeast Asia, but they are also endangered due to overharvesting. The scarcity of sandalwood has led to a significant increase in its price over the years. However, the demand for sandalwood is not as high as that for golden camphor wood, which is a key factor in the price difference.

According to a report by the World Wildlife Fund (WWF), the price of sandalwood has increased by over 1,000% in the past two decades. While this is a significant increase, it is still lower than the price of golden camphor wood. In 2019, the average price of sandalwood was around $1,000 per kilogram, whereas the price of golden camphor wood was reported to be as high as $5,000 per kilogram in certain markets.

The cultural significance of golden camphor wood also plays a role in its higher price. It is deeply rooted in Chinese culture, where it is associated with purity and longevity. This cultural value adds an additional layer of premium to the wood, making it even more expensive than sandalwood.

In conclusion, golden camphor wood is more expensive than sandalwood due to its rarity, cultural significance, and higher demand. The price differences are also influenced by the sustainability concerns surrounding both woods, with sandalwood being more widely recognized as an endangered species.