Gum Arabic - Price Values and Quantity by Year from 2000 to 2007

3.6.23 Gum Arabic - Price Values and Quantity by Year from 2000 to 2007

3.6.23.1 Overview

Scientific name:

Acacia spp.; Acacia senegal

Common name:

Gum arabic

Plant part used:

Resin, gum/sap/exudate

HS Code:

130120000

SITC Code:

292220000

3.6.23.2 Analysis 

Gum arabic are produced from plant exudates as resins and are used for many applications such as in foods. Its export quantities were not very high and exhibited an incosistent profile during the observed years . The initial years saw low  export level of the products but from year 2005 to 2007, the export picked up to higher values. In years 2001,2002 and 2004, there were no records of export figures available. The export revenue profile was erratic and the maximum earned was in year 2005 with a value of about RM109,774. There was also  wide variations in the costs per kg of products and the  values  ranged from RM4.38 to RM29.57.

Export-Import price differences per kg pf products showed significant variations during the period. Negative value  were observed  in 5 years, and for the rest of the period, the values were positive.

 

Table 107: Summary of export volumes and values

table_107

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

Department of The Government of Malaysia

 

Figure 157: Malaysia’s export 2000 – 2007 for Gum Arabic

f_157

 

Figure 158: Exported Gum Arabic price trend 2000 – 2007

f_158

 

Table 108: Export and Import Unit Cost Differences of Herbal Products

2000 -2007 

Year

Export (RM)

Import (RM)

Diff

(RM)

2000

19.65

6.19

13.46

2001

N/A

6.29

-6.29

2002

N/A

9.37

-9.37

2003

16.31

7.96

8.35

2004

N/A

14.28

-14.28

2005

29.57

16.69

12.88

2006

4.38

14.24

-9.86

2007

5.23

7.97

-2.74

*Note: NA refers to undeclared value by The Royal Customs and Excise

Department of The Government of Malaysia