Tumeric (Curcuma) – Values Price by Year from 2000 to 2007

3.6.14 Tumeric (Curcuma) – Values Price by Year from 2000 to 2007

3.6.14.1 Overview

Scientific name: Curcuma Longa
Vernacular name: khamin, tumeric
Plant part used: Rhizomes
HS Code: 091030000
SITC Code:075291000

3.6.14.2 Analysis

Tumeric is exported as raw material or in powder form (capsule). The quantity traded was  relatively large and its supply depended on demand. During the period between year 2000 and 2007,  the export amounts differed from year to year with maximum value at 152,952 kg and the lowest at about 28,987 kg. The revenues  from the export stretched from RM152,293 to RM513,499. The   value profile was irregular, similar to that of the quantities for export. The cost per kg of product remained low exhibiting undulating trend. It ranged from RM2.16 per kg to RM5.25 kg of product.

Except for the year 2003, the differences between unit costs of export and import values showed positive differences indicating that profits could have been  made from the export business.

table_89

Table 89: Summary of export volumes and values

 

f_139

Figure 139: Malaysia’s export 2000 – 2007 for Turmeric (Curcuma)

 

fg_140

Figure 140: Exported Tumeric (Curcuma) price trend 2000 – 2007

YearExport (RM)Import (RM)Diff (RM)
20002.622.360.26
20014.071.822.25
20023.442.121.32
20032.163.02-0.86
20045.253.541.71
20053.002.990.01
20063.862.681.18
20073.022.50.52

Table 90: Export and Import Unit Cost Differences of Herbal Products : 2000 -2007

in this scope
Background
Malaysian Perspective
Incentives and Financial Assistance​
Market Survey For Malaysian Natural Ingredients
Business Network