2.3.19 Liquorice roots – Price and Quantitiy Values by Year from 2000 to 2007
2.3.19.1 Product Specifications
Scientific name: | Glycyrrhiza glabra, G.liquiritia,G. officinalis |
Common name: | Liquorice |
Plant part used: | Roots |
HS Code: | 121110100 |
SITC Code: | 292410100 |
2.3.19.2 Analysis
Liquorice roots have been used mainly for its medicinal attributes. Total import values for the raw materials reached its maximum in year 2005 with a value of over RM 2.7 million and at a quantity of over 0.2 million kg. The cost per kg of the material at the beginning of the observed period was at its highest after which, it went lower ,, the lowest being about RM11.76 in year 2005.
Table 22: Summary of import values and quantities
Figure 38: Malaysia’s import 2000 – 2007 for Liquorice roots; Crushed, Ground and Powdered
Figure 39: Imported Liquorice roots; Crushed, Ground and Powdered price trend 2000– 2007