Essential Oils of Peppermint - Price Values and Quantity by year from 2000 to 2007

3.6.33 Essential Oils of Peppermint - Price Values and Quantity by year from 2000 to 2007

3.6.33.1 Overview

Scientific name:

Mentha x piperita L.

Common name:

Peppermint

Plant part used:

Flower

HS Code:

330124000

SITC Code:

551324000

3.6.33.2 Analysis

Essential oils of peppermint have medicinal properties and are widely traded. The export quantities for this product for the observed period were irregular.and the amounts for years 2000, 2002, 2004, 2005 and 2006 were not available. The amounts traded were relatively low, and from the available data, reflected  that the product are widely used locally. The revenues obtained did not follow the same  pattern as that of the quantities exported. The maximum value for the period was at RM20,775 and the minimum was at RM7,250. The costs per kg of product  ranged from RM11.44 to RM75.

Except for the year 2007, differences in unit costs of the products between export and import figures  indicated negative values. Imported essential oils of peppermint were assumed to be mostly utilized  within the country.

 

Table 127: Summary of value and volume export

table_127

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

Department of The Government of Malaysia

 

 Figure 177: Malaysia’s export 2000 – 2007 for Essential Oils of Peppermint

f_177

 

Figure 178: Exported Essential Oils of Peppermint price trend 2000 – 2007

f_178

 

Table 128: Export and Import Unit Cost Differences of Herbal Products :

2000 -2007

Year

Export (RM)

Import (RM)

Diff

(RM)

2000

N/A

21.07

-21.07

2001

11.44

37.39

-25.95

2002

N/A

17.11

-17.11

2003

14.5

28.12

-13.62

2004

N/A

27.52

-27.52

2005

N/A

40.77

-40.77

2006

N/A

45.24

-45.24

2007

74

44.68

29.32

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

Department of The Government of Malaysia