Japanese Sake Market Report August 2020
Please find the updating market report of August 2020. As the data is available slightly late, this month ikki will deliver the statistics of June 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;
- Total exported volume and value June 2020
- Exported volume by area June 2020
- Exported amount by area and its ratio June 2020
- Average FOB price June 2020
- Exchange rate August 2020
Please find the data below.
Total exported volume and value June 2020
On June, Sake market in the WORLD seams to start moving again, so the numbers went up. As most of the countries went over the 1st wave of corona, the economy adapt to with-corona society.
The monthly export volume went up to about 1,600,000L and amount to about 1,678 MILLION JPY on June 2020.
Exported volume by area June 2020
Export to Africa and South America are not getting back yet, and export to Europe is still decreasing.
Nevertheless, export to North America is gradually getting back, and export to Asia got back at the level of October 2019 with out corona.
Exported amount by area and its ratio June 2020
As Asian market, especially East Asia market, went up significantly, more than 80% of export is in East Asia this month.
The export to most of the area is not well, but Eastern European market is moving.
Average FOB price June 2020
Average FOB this month is record high.
It might be because as the volume export at lower price is slowing down, the export of premium products occupies higher percentage in the export this month.
Exchange rate July 2020
USD getting weaker, but as a contrast EUR got stronger.
As a result, JPY get stronger against USD and weaker against EUR.