2.3.24 Sandal Wood Chips – Price Values by Year from 2000 to 2007
2.3.24.1 Product Specifications
Scientific name: | Santalum spicalum |
Plant part used: | Stem and leaves |
HS Code: | 121190300 |
SITC Code: | 292490300 |
2.3.24.2 Analysis
The stems and leaves of the sandal wood are usually distilled to extract its medicinal values. From the graph it can be seen that each year the total value of imports fluctuated, parallel with the total quantity imported. The total price during the period ranged between RM1.372 million to RM2.945 million while the quantity imported into the country ranged from 86,501 kg to 168,950 kg. The price per kg of product did not vary greatly and hovered between RM14.47 to RM17.43.
Table 27: Summary of import values and quantities
Figure 48: Malaysia’s import 2000 – 2007 for Sandalwood Chips
Figure 49: Imported Sandalwood Chips price trend 2000 – 2007