2.3.2 Cinnamon – Price and Quantitiy Values by Year from 2000 to 2007
2.3.2.1 Product Specification
Scientific name: | Cinnamomum zeylanicum |
Plant part used: | Flower of plant, bark from branches |
HS Code: | 090610000 |
SITC Code: | 075220000 |
2.3.2.2 Analysis
Cinnamon plants have medicinal properties. The useful part of the plant is the barks of its branches. The total quantity imported had a similar profile as that of the total value of imports. There is a small dip during the year 2003 the highest quantity imported was in 2007 reaching a value of 1.268 million kg. The price per kg of the product for the period observed ranged from RM2.44 to RM3.19.
Table 5: Summary of import values and quantities
Figure 4: Malaysia’s’s import 2000 – 2007 for cinnamon neither crushed nor ground
Figure 5: Imported cinnamon neither crushed nor ground Price Trend 2000 – 2007