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1) The unique ingredients. Some fragrances contain rare flower petals or the essence of a rare root or tree which are difficult to obtain. The same is true for most essential oils and the more essential oil a perfume or cologne contains, the more expensive it usually is. 3 of the worldâs most expensive ingredients are: Ambergris at ~$5,000/kg. A secretion produced in the digestive system of some species of sperm whales.
Answer Wiki. The general answer to the question of why is X a certain price is of course that this is the price resulting from demand-supply equilibrium. So, prima facia, expensive perfume seems to pose a challenge to economic orthodoxy, which states that consumers are rational and that the competitive process works to bring prices to marginal cost.