Liquorice roots - Price and Quantitiy Values by Year from 2000 to 2007

2.3.19 Liquorice roots - Price and Quantitiy Values by Year from 2000  to 2007  

2.3.19.1 Product Specifications

Scientific name:

Glycyrrhiza glabra, G. liquiritia, G. officinalis

Common name:

Liquorice

Plant part used:

Roots

HS Code:

121110100

SITC Code:

292410100

2.3.19.2 Analysis 

Liquorice roots have been used mainly for its medicinal attributes. Total import values for the raw materials reached its maximum in year 2005 with a value of over RM 2.7 million and at a quantity of over 0.2 million kg. The cost per kg of the material at the beginning of the observed period was at its  highest after which,  it went lower ,, the lowest being about RM11.76 in year 2005.

 

Table 22: Summary of import values and quantities

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Figure 38: Malaysia’s import 2000 – 2007 for Liquorice roots; Crushed, Ground and Powdered

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Figure 39: Imported Liquorice roots; Crushed, Ground and Powdered price trend 2000– 2007

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