3.6.6 Mace – Price Values and Quantity by Year from 2000 to 2007
3.6.6.1 Overview
| Scientific name: | Myristica fragrans Houtt |
| Plant part used: | Aril of fruit, leaves |
| HS Code: | 090820000 |
| SITC Code: | 075252000 |
3.6.6.2 Analysis
The fruits of nutmeg were made into 2 spices, the nutmeg from the actual seed and mace from the dried covering or arillus of the seed. The quantities of mace exported appeared to be irregular. It increased during the first few years up to year 2003 and decreased thereafter.. It picked up and reached its maximum in year 2006 with a value of 31,901.7 kg. after which it decreased again. . Similarly, the profile for the revenues obtained followed the same trend f as that of the quantities exported.
Price per kg of mace product exported as compared to that being imported, initially showed a negative difference however, from year 2001 to 2007 the values were positive. The differences indicated that Malaysia acted as a transit point in this trade and that the traders had committed supplies to clients, Malaysian traders profited from this activity. Generally, differences in the export-import unit price showed irregular increase during the observed period.
Table 73: Summary of export values and volumes
Figure 123: Malaysia’s export 2000 – 2007 for mace
Figure 124: Exported mace price trend 2000 – 2007
|
Year |
Export (RM) |
Import (RM) |
Diff (RM) |
|
2000 |
16.35 |
28.27 |
-11.92 |
|
2001 |
20.1 |
19.4 |
0.7 |
|
2002 |
21.94 |
20.23 |
1.71 |
|
2003 |
18.8 |
17.5 |
1.3 |
|
2004 |
16.8 |
15.93 |
0.87 |
|
2005 |
24.24 |
20.72 |
3.52 |
|
2006 |
21.98 |
18.08 |
3.9 |
|
2007 |
24.57 |
17.49 |
7.08 |
Table 74: Export and Import Unit Cost Differences of Herbal Products : 2000 – 2007
