2.3.27 Gum arabic – Price Values by Year from 2000 to 2007
2.3.27.1 Product Specifications
Scientific name: | Acacia spp.; Acacia senegal |
Common name: | Gum arabic |
Plant part used: | Resin, gum/sap/exudate |
HS Code: | 130120000 |
SITC Code: | 292220000 |
2.3.27.2 Analysis
Gum arabic originates from the Eastern and Western Africa, largely used for medicinal preparations. Import of this material had been on the increase lately and reached its maximum total value of RM2.561 million with a quantity of 321,188 kg in the year 2007. The maximum cost per unit weight of product was at RM16.69., in year 2005.
Table 30: Summary of import values and quantities
Figure 54: Malaysia’s import 2000 – 2007 for Gum Arabic
Figure 55: Imported Gum Arabic price trend 2000 – 2007