Sandalwood is generally more expensive than camphorwood. This is due to several factors, including the rarity and demand for sandalwood, as well as its various uses in the fragrance, pharmaceutical, and woodworking industries.

Sandalwood, known for its rich, sweet aroma, has been highly valued for centuries. It is used in traditional medicine, incense, and as a base for perfumes. The wood is also prized for its durability and aesthetic appeal, making it a sought-after material for carving and woodworking. The demand for sandalwood has been on the rise, particularly in countries like India, China, and Japan, where it is used in religious ceremonies and traditional medicine. However, sandalwood trees are slow-growing and have been overharvested in many regions, leading to a significant increase in its value.

On the other hand, camphorwood is less expensive due to its more abundant availability and a wider range of uses. Camphorwood is known for its strong, aromatic scent and is used in various applications, including incense, perfumery, and traditional medicine. It is also used in the production of camphor, which has antiseptic and analgesic properties. While camphorwood is still valuable, it is not as rare or highly sought after as sandalwood.

According to a report by the International Union for Conservation of Nature (IUCN), the price of sandalwood can vary widely depending on the quality and source, but it is generally several times more expensive than camphorwood. For example, in 2019, the price of high-quality sandalwood in India was reported to be around $1,000 per kilogram, while camphorwood was available for as low as $50 per kilogram.

The rarity and demand for sandalwood, combined with its numerous uses, contribute to its higher price compared to camphorwood. The conservation status of sandalwood species, such as Santalum album, is also a factor, as it is listed as "endangered" by the IUCN. This further drives up the price due to the limited supply and the need for sustainable harvesting practices. In contrast, camphorwood is more abundant and has a lower conservation status, making it more accessible and less expensive.