Teak is generally more expensive than rosewood. While both are highly valued hardwoods, teak is more widely available and has a higher demand due to its durability and aesthetic appeal. Rosewood, on the other hand, is rarer and faces stricter trade regulations, which contribute to its higher price.

The price difference between teak and rosewood can be attributed to several factors. Firstly, rosewood is a protected species under international trade agreements, such as the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES). This means that the logging, export, and import of rosewood are heavily regulated, which can increase the cost of obtaining legal rosewood. Additionally, rosewood is often associated with luxury markets, such as high-end furniture and musical instruments, which drive up its price.

According to a report by the Forest Products Journal, the average price of teak in 2020 was around $1,500 per cubic meter, while the price of rosewood ranged from $3,000 to $5,000 per cubic meter, depending on the specific type of rosewood. This significant price difference is due to the rarity and legal restrictions surrounding rosewood.

Furthermore, teak is a highly durable wood that is resistant to moisture and insects, making it a popular choice for outdoor furniture and construction. Its golden-brown color and straight grain also contribute to its aesthetic appeal, which further increases its demand. Rosewood, while also durable, is often sought after for its rich red or dark brown color and unique grain patterns, which are highly prized in the luxury market.

In conclusion, teak is generally more expensive than rosewood due to its higher availability, demand, and the aesthetic qualities that make it a popular choice for various applications. However, the price of rosewood can vary significantly due to its rarity and the legal restrictions surrounding its trade.