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Japanese Sake market report February 2023

Japanese Sake market report February 2023

 

Please find the updating market report of the month. As the official data is available slightly late, this month ikki will deliver Japanese Sake market report of  December 2022.

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

 

  • -Total exported volume and value
  • -Exported amount by area
  • -Average FOB price
  • -Baltic Exchange Dry Index
  • -Exchange rate

 

Summary of the world Sake market December 2022

On December, the result of Japanese Sake shows a little decline continued to the previous month. As the biggest peak season is Christmas holiday season, September to November should show the peak, so there is no doubt. Looking at by area, it is mostly showing the tendency of increase in the price wise and  it is also proved in Average FOB.  Currency exchange, the weaken JPY, did not make much impact, but as the power balance getting back we have to be careful with the currency rates. As a positive point, BDI is showing the lowest in this 2 years, so more optimistic in shipping costs.

 

Total exported volume and value 

 

Exported amount by area 

 

Average FOB price

 

Baltic Exchange Dry Index 2021-2022

 

Exchange rate JPY/USD EUR

 

 

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