2.3.34 Other Alkaloids of Cinchona and their derivatives; Salt Thereof – Price Values by Year from 2000 to 2007
2.3.34.1 Product Specifications
Scientific name: | Cinchona pubescens Vahl |
Common name: | Cinchona bark; quinine |
Plant part used: | Bark of plant |
HS Code: | 293929000 |
SITC Code | 541429000 |
2.3.34.2 Analysis
Prior to the year 2005, the quantity of imports of other alkaloids of Cinchona and their derivatives had been small ranging from 214 kg to 3,930 kg. However, in 2006, the amount shot up to 58,303 kg however, in year 2007, the quantity dropped to 5,500 kg. The total value of purchases also followed a similar trend (See Figures 68 & 69). The maximum total value for purchases was about RM14.090 million and the lowest was at RM204,241. As an indicator of the price comparison per unit weight of product, the highest was at RM3531.02 and the lowest value was at RM81.14.
Table 37: Summary of import values and quantities
Since quinine raw materials are imported the price of the commodity is expected to fluctuate. These products are turned into pharmaceutical drug productions. The Products are produced from quinidine gluconate,quinidine sulphate and quinine sulfate. Although Malaysia imports small quantities of the raw materials, it is able to export these Chinchona alkaloid products to many countries, such as the Netherlands, Japan, Germany, Thailand and the United Kingdom.
Figure 68: Malaysia’s import 2000 – 2007 for Other Alkaloids of Cinchona & Their Derivatives; Salts Thereof
Figure 69: Imported Other Alkaloids of Cinchona & Their Derivatives; Salts Thereof price trend 2000 – 2007