3.6.12 Ginger – Price Values and Quantity by Year from 2000 to 2007
3.6.12.1 Overview
| Scientific name: | Zingiber officinale |
| Plant part used: | Rhizomes, roots |
| HS Code: | 091010000 |
| SITC Code: | 075270000 |
3.6.12.2 Analysis
Generally, the trend for the export of ginger had been on the increase in quantities for the period between years 2000 to 2007. The reasons for this occurence were various , one of which was that there was a thrust for the use of herbal medicine in most importing countries. The export from Malaysia was relatively large from 188,967 kg in 2002 to about 1.672 million kg in year 2007. Similar trend can be observed in the revenues obtained from the export of the product. The cost per kg was generally low from RM0.98 to RM2.59. However, the unit cost was not consistent from year to year depending d on the business environment. The profile for the unit cost exhibited irregularity during the period.
With respect to differences in unit costs of products between exports and imports, the negative and positive values were equally spread throughout the period showing that the export business had been unpredictable.
Table 85: Summary of export volumes and values
Figure 135: Malaysia’s export 2000 – 2007 for Ginger
Figure 136: Exported Ginger price trend 2000 – 2007
|
Year |
Export (RM) |
Import (RM) |
Diff (RM) |
|
2000 |
1.95 |
1.82 |
0.13 |
|
2001 |
1.62 |
1.77 |
-0.15 |
|
2002 |
1.67 |
1.4 |
0.27 |
|
2003 |
2.07 |
1.24 |
0.83 |
|
2004 |
2.49 |
3.22 |
-0.73 |
|
2005 |
1.19 |
2.45 |
-1.26 |
|
2006 |
0.98 |
1.46 |
-0.48 |
|
2007 |
2.59 |
1.4 |
1.19 |
Table 86: Export and Import Unit Cost Differences of Herbal Products : 2000 -2007
