Japanese Sake Market Report April 2020
Please find the updating market report of April 2020. As the data is available slightly late, this month ikki will deliver the statistics of February 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 by February 2020
- Exported amount by area and its ratio February 2020
- Average FOB price February 2020
- Exchange rate April 2020
Please find the data below.
Total exported volume and value by February 2020
The export volume of Japanese Sake came back in February to about 1,930,000L at 1,760 million JPY.
Still comparing to the previous year it is slow in this month, and cannot be optimistic due to COVID19.
Exported amount by area and its ratio February 2020
Comparing to February 2019, it has been dropped about 24 %.
In North / South America and Western Europe, the market still growing in this harsh season.
East Asia has a significant fall.
Average FOB price February 2020
Average FOB has fallen, but comparing to the amount declined it keeps the price level.
Need to watch carefully.
Exchange rate April 2020
Over the year, JPY is gaining power gradually against USD, but keeps the almost same position against EUR.
(Ref. Ministry of Finance)