2.3.14 Saffron – Price Values by Year from 2000 to 2007
2.3.14.1 Product Specifications
Scientific name: | Crocus sativa L. |
Plant part used: | Stigma of flowers |
HS Code: | 091020000 |
SITC Code: | 075281000 |
2.3.14.2 Analysis
Saffron products are imported in limited quantities and are used as spices by the food industries. Total value of imports of this product fluctuated during the observed period ranging from RM 391,684 in the year 2000 to RM 768,908 in the year 2007. The highest import value was recorded in year 2004 amounting to RM 828,441. The unit price per kg ranged from RM155.58 to RM1,107.81.
Table 17: Summary of import values and quantities
Figure 28: Malaysia’s import 2000 – 2007 for Saffron
Figure 29: Imported Saffron price trend 2000 – 2007