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

3.6.34 Essential Oils of Other Mints - Price Values and Quantity by year from 2000 to 2007

3.6.34.1 Overview

Scientific name:

Mentha spp.; Mentha arvensis

Common name:

Mint

Plant part used:

Flower

HS Code:

330125000

SITC Code:

551325000

3.6.34.2  Analysis

Essential oils of other mints are produced for its aroma and they have medicinal application such as in the treatment of bronchial asthma. The quantities of product exported were fairly small and data for years 2003, 2004, 2005 and 2007 were not available. Costs of the product were fairly high, it and the demands  were low.  At the initial period,  the amount of product exported was only 25 kg and decreased further thereafter until year 2006 when the quantitiy increased to 331 kg. The revenues obtained were small ranging from RM154 to RM18,359. The costs per kg of product, ranged from RM55.47 at the minimum to RM308 at the maximum.

Export-import unit cost differences showed negative values throughout the period except for year 2000. These negative figures indicated that most of the products were utilized locally.

 

Table 129: Summary of value and volume export

table_129

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

Department of The Government of Malaysia

 

Figure 179: Malaysia’s export 2000 – 2007 for Essential Oils of Other Mints

f_179

 

Figure 180: Exported Essential Oils of Other Mints price trend 2000 – 2007

f_180

 

Table 130: Export and Import Unit Cost Differences of Herbal Products :

2000 - 2007

Year

Export (RM)

Import (RM)

Diff (RM)

2000

253.88

24.18

229.7

2001

308

38.15

269.85

2002

305.56

33.56

272

2003

N/A

29.45

-29.45

2004

N/A

41.24

-41.24

2005

N/A

76.64

-76.64

2006

55.47

80.51

-25.04

2007

N/A

65.67

-65.67

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

Department of The Government of Malaysia