Wood from the African Blackwood tree (‘mpingo’) is considered to be the most expensive wood in the world. The wood is so black, that at one time it was called ebony. The tree is extinct in some areas of Africa, and the wood sells for around $25,000 per cubic meter. A common use for African Blackwood is in musical instruments like clarinets and oboes.
An African Blackwood tree:
This question has been asked in the past on this website. The answer to the other question was Agarwood. It was noted that it cost 5,000.00 per pound for the oil resin and up to hundreds of thousands of dollars for every pound of the wood itself. It was also noted that African Black is a very expensive wood, as well as pink ivory and Brazilian rosewood.
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