Why Red Sandalwood Is So Expensive. Southern Indian red sandalwood is scarce. Its rich red color, which deepens with age, has made it prized for centuries. Traditional medicine, religious rites, and luxury crafts drive red sandalwood demand. Scarcity makes red sandalwood pricey. Its price increased due to limited availability and high demand. Rosewood is used for high-end furniture, musical instruments, and intricate carvings due to its endurance. Its fragrance and color are used in luxury perfumes and cosmetics. Demand and agricultural issues have raised its price. Red sandalwood's richness and rarity attract collectors and lovers worldwide.
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