2.3.20 Liqourice Roots, Other Than Crushed, Ground and Powdered – Price Values by Year from 2000 to 2007
2.3.20.1 Product Specifications
Scientific name: | Glycyrrhiza glabra Linn |
Common name: | Licorice root |
Plant part used: | Roots |
HS Code: | 121110900 |
SITC Code: | 292410900 |
2.3.20.2 Analysis
In the year 2000, a fairly large quantity of the product was imported but declined there after. The quantities imported fluctuates through out the observed period. The total values of the import products started at about RM8.203 million in year 2000 and dropped drastically to about RM797,607 in year 2007. The cost per kg of the product experienced significant variations ranging from RM13.85 to RM93.77.
Table 23: Summary of import values and quantities
Figure 40: Malaysia’s import 2000 – 2007 for Liqourice Roots; Other Than Crushed, Ground and Powdered
Figure 41: Imported Liqourice Roots; Other Than Crushed, Ground and Powdered price trend 2000 – 2007