2.3.46 Essential Oils of Peppermint – Price Value by Year from 2000 to 2007
2.3.46.1 Product Specifications
Scientific name: | Mentha x piperita L. |
Common name: | Peppermint |
Plant part used: | Flower |
HS Code: | 330124000 |
SITC Code: | 551324000 |
2.3.46.2 Analysis
Essential oils of peppermint find their application in medicinal uses and chewing gums. They were imported in relatively moderate amounts and the quantity brought into the country differed significantly from year to year. However, the total values involved in bringing the product appeared to have an increasing profile reflected by the fact that lowest import value was at RM568,898 in year 2001 and the highest at about RM 1.872 million in year 2007. Similarly, the cost per kg of product was relatively moderate.
Table 49: Summary of import values and quantities
Figure 92: Malaysia’s import 2000 – 2007 for Essential Oils of Peppermint
Figure 93: Imported Essential Oils of Peppermint price trend 2000 – 2007