Other Spices - Price Values and Quantity by Year from 2000 to 2007

3.6.16 Other Spices - Price Values and Quantity by Year from 2000  to 2007

3.6.16.1 Overview

Scientific name:

N/A

Plant part used:

Fruits grounded and used for food ingredients

HS Code:

091099000

SITC Code:

075299000

3.6.16.2 Analysis

Other spices  refer to a number of herbal components such as black peppercorns, cinnamon, paprika and vanilla varieties. The trade in other spices involved high volumes from about 326,386 kg to about 1.519 million kg of product during the observed period. The quantities traded increased in the initial period up to year 2005,.   after which the quantities decreased resulting in a single peak profile. The revenues obtained from the export followed the same  pattern as that of quantities exported. The values thus obtained  indicated very high returns to the industry. The cost per kg of product exhibited an increasing profile although the values differed slightly from year to year.

The differences of the costs per kg of product  between export and import values showed positive figures, indicating that the export trade had brought reasonable profits to the industry.

 

Table 93: Summary of export volumes and values

 table_93

 

Figure 143: Malaysia’s export 2000 – 2007 for other spice

f_143

 

Figure 144: Exported other spice price trend 2000 – 2007

f_144

 

Table 94: Export and Import Unit Cost Differences of Herbal Products :

2000 -2007

Year

Export

(RM)

Import

(RM)

Diff (RM)

2000

6.00

2.36

3.64

 

2001

5.62

1.82

3.80

 

2002

6.42

2.12

4.30

 

2003

9.59

3.02

6.57

 

2004

10.79

3.54

7.25

 

2005

12.52

2.99

9.53

 

2006

11.13

2.68

8.45

 

2007

12.17

2.50

9.67