I don't know why it's not used more in musical instruments. It's reasonably attractive and very hard. Its main use seems to be flooring. What little information I've been able to find on the tree seems a bit contradictory as far as natural occurrence. That is, it can and does grow in a wide area, but while not a protected species, it's considered a vanishing timber. Apparently, it doesn't proliferate well. The seeds have a very short viability (only 50% will germinate after 2 weeks), and sorta need to be cultivated for the tree to thrive at all - natural distribution only produces sporadic new growth.
So, I would guess users of that wood would be more local and simply pick targets of opportunity, since the supply isn't concentrated enough for commercial harvesting and is regrowth is unreliable.