Red Sandalwood is generally more expensive than Wenge and Ebony. This is due to its rarity, the difficulty of harvesting it, and its high demand in traditional medicine and woodworking. According to a report by the Forest Products Journal, the price of Red Sandalwood can range from $500 to $1,000 per kilogram, while Wenge and Ebony typically cost between $200 to $400 per kilogram. The high value of Red Sandalwood is also influenced by its cultural significance in various Asian countries, where it is used in traditional medicine and rituals. Additionally, the illegal logging and trade of Red Sandalwood contribute to its high price, as it is listed as an endangered species under the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES).