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【SAKE STATISTICS】Japanese Sake Market Report October 2020

Please find the updating market report of October 2020. As the data is available slightly late, this month ikki will deliver the statistics of August 2020.

To be precise, Sake on the data means exported products from Japan under HS code of 2206.00.

The data you can find is as below;

 

  1. Total exported volume and value August 2020
  2. Exported volume by area August 2020
  3. Exported amount by area and its ratio August 2020
  4. Average FOB price August 2020
  5. Exchange rate October 2020

 

Please find the data below.

 

Total exported volume and value August 2020

 

 Total export volume keeps increasing and reached about 1,900,000L, which is almost same level to the last year. Including covid situation, it is in good mood.

 Nevertheless, total exporting amount decreased to about 1,600,000,000JPY. It might be because an increase in volume products like Futsushu, Honjozo.

 

 

Exported volume by area August 2020

 

 The volume increased or stays the same level in the world market. The growth of European market is remarkable, but as the virus is spreading again in some of the European countries it is difficult to see the data optimistically.

 Export to Africa had been stopped since March 2020, but started in South Africa from August.

 

 

Exported amount by area and its ratio August 2020

 

 As comparing with the last year, Eastern and Northern Europe is growing very much. Even the last year volume is very small, we can say there is a potential of Sake in the world market.

 

 

Average FOB price August 2020

 

 The average FOB of Sake export has decreased. Including the data upon, the biggest growth Eastern Europe market, the market is not yet matured to sell the high-end products so it might cause the FOB to fall.

 

 

Exchange rate October 2020

 

 JPY keeps strong against USD, so gradually falls.

 Against EUR, JPY had been weak but went reversely in October.