Sandal Wood Chips - Price Values and Quantity by Year from 2000 to 2007

3.6.20 Sandal Wood Chips - Price Values and Quantity by Year from 2000 to 2007

3.6.20.1 Overview

Scientific name:

Santalum spicalum

Plant part used:

Stem and leaves

HS Code:

121190300

SITC Code:

292490300

3.6.20.2 Analysis

Sandal wood chips are used for its fragrances in the form of essential oils, powder and sticks and they are also used in the manufacture of pharmaceuticals. The quantities exported from this country were irregular during the observed period from year 2000 to 2007 increasing  and decreasing  unpredictably. The maximum amount traded was in year 2005 with a value of 25,050 kg in 2005 and the lowest amount was at 857.6 kg in year 2007. The revenues obtained during this period showed an irregular profile, and that the costs  per kg of product had low initial values, however, there was a significant rise towards the end of the period. The profile ranged from RM1 to RM60.73.

Sandalwood  have been exported out and imported into the country. However, costs per kg of product differed between the export and import values. During the period, the costs differences were in the negative except in years 2006 and 2007. The figures gave an indication that the product was largely consumed locally.

 

Table 101: Summary of export volumes and values

 table_101

 

Figure 151: Malaysia’s export 2000 – 2007 for Sandalwood Chips

f_151

 

Figure 152: Exported Sandalwood Chips price trend 2000 – 2007

f_152

 

Table 102: Export and Import Unit Cost Differences of Herbal Products

2000 - 2007

test

 

*Note: N/A refers to undeclared value by The Royal Customs and Excise

Department of The Government of Malaysia

 

Year

Export (RM)

Import

(RM)

Diff

(RM)

2000

2.97

16.33

-13.36

2001

1.00

15.92

-14.92

2002

2.83

16.09

-13.26

2003

3.20

15.87

-12.67

2004

N/A

14.47

-14.47

2005

1.07

17.43

-16.36

2006

23.94

17.16

6.78

2007

60.73

15.12

45.61