African Blackwood – $ 10,000 Per Kilogram
This type of wood is among the most expensive type on the planet. This species of wood is mostly used for making musical instruments. However, it is now an endangered species, being categorized as a flowering plant and normally based on the dry areas in Africa.
Agar Wood – $ 10,000 Per Kilogram
The agar wood belongs to the tree Aquilaria, which is a dark heartwood. It exists over 3,000 years already and it produces natural oil, featuring a special aroma. The demand for this type of wood has been increasing, making it an expensive commodity.
Ebony – $ 10,000 Per Kilogram
The Diospyros tree is the origin of ebony wood, which is sufficiently thick and is able to drain in water. Alternatively, it is known as the Black Timber, which has been used in making pegs, piano, cello fingerboards, chinrests, violin, bow frogs, and harpsicord keys, among others.
Sandalwood – $ 20,000 Per Kilogram
The sandalwood is associated with aromatic wood, which is among the most expensive in the world. This unique wood produces several natural oils that belong to the wood genus in the family Santalum. This is not the same from other aromatic woods due to its ability to hold its fragrance for years.
Pink Ivory – $ 7-8 Per Board Feet
This type of African wood is also popular with the name Red Ivory. The Pink Ivory grows extensively in Zimbabwe, South Africa, and Mozambique. Basically, most pink ivory wood would be used to make billiard cues, knife handles, and other medicinal purposes.
Lignum Vitae – $ 5 Per Pound
Lignum vitae is also known as the tree of life, perhaps due mainly to its slow growth rate. It belongs to the genus Guaiacum Lignum, mostly cultivated in the north shoreline of South America and the Caribbean. The wood makes it among the most expensive types in the world due to its strength, toughness, and density.
Purple Heart – $ 11.99 Per Board Feet
One of the most uniquely colored wood is the purple heart. It is among the most expensive in the world, which is a member of the class of 13 varied types located to the humid and warm areas of the South and Central America.
Dalbergia – $ 14-16 Per Board Feet
This type of wood is of the family Albertina, which is known of being a wonderful genus that ranges from the small to mid-sized trees. This type of tree includes the extended dispersion, growing in the warm regions of the Southern and Central America.
Bubinga – $ 18.99 Per Board Feet
The Bubinga is among the most expensive wood in the world, which is also a flowering plant, belonging to the Fabaceae Bubinga family. Aside from being one of the most expensive, it is also the most valuable wood. It grows significantly in flooded woodlands and muddy places.
Bocote – $ 32.99 Per Board Feet
The priciest wood on the list is the Bocote, which is hugely associated with the Cordia. The Cordia is the type of flower plant that can be located in borage family. Due to the huge demand for this wood, it has become the most expensive wood that you can buy on the planet.Need a loan for your crazy expensive wood? Try BCS, no matter what your credit they could lend to you and it’s free to get a quote!
Expensive Wood FAQs
1. What makes wood expensive?
The main factors are scarcity of certain types of wood along with increasing demand as the former increases. However, there’s also between the different types hardwoods that grow at a much slower rate and have other benefits such as better resistance to fire than softwoods, making them more difficult to find or harvest and thus more desirable.
2. How many types of distinct wood are there?
There are at least 10 different types of wood such as brown, mahogany, cedar, cherry, ash tree, beech, walnut, pine tree, oak and teak, with many more sub-types.
3. Are wood prices increasing over the years?
Yes, due to forest fires and other natural disasters along with environmental changes, certain wood types are getting scarcer by the day, and thus their prices are on the rise constantly.