Japanese Sake market report April 2022
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 February 2022.
To be precise, Sake on the data means exported products from Japan under HS code of 2206.00.
-Sake NEWS summary March 2022
- -Total exported volume and value February 2022
- -Exported volume by area February 2022
- -Exported amount by area February 2022
- -Average FOB price February 2022
- -Baltic Exchange Dry Index 2021-2022
- -Exchange rate April 2022
Sake NEWS summary March 2022
Coffee cocktail based Japanese Sake in Coffee fair at Shujuku Isetan
Asahi Shuzo, famous for “Kubota” Sake brand, and Maruyama coffee collaborated, and serve Sake cocktail using speciality coffee.(Maruyama coffee)
“Nanakamba” × Umamusume Sake released
Nanakamba, made in Shimane from Hikami Seishu and using the famous racing horse as a motif, and Umamusume, popular mobile racing horse game collaborate to produce Sake.(Meishu center)
Sake flavor × Butter melt “Ginka Sake”
Butter brand [CANOBL] uses 6 domestic + 1 French Sake brands to release New butter products “Ginka Sake”.(National Depart)
Impressive Sake experience in Toyama
Atom opens New Sake bar called “Bar de Mitomi” in New station building at Toyama Station.(Atom)
(Ref. PR TIMES: https://prtimes.jp/)
Total exported volume and value
In February, Trade value and volume came back at 3 million Liter and 3.4 billion JPY. It is the same tendency as we passed in the last year and predictable result.
In addition, the pace volume bounced back is faster than the value, so fair price Sake should be include largely.
Exported volume by area
Looking at the graph above, the volume grew in Asia mostly. In the other area, it was mostly the same and assume the holiday season affects the result.
Exported amount by area
As it is mentioned above, the growth from the last month is mostly in Asia, but by looking at the change precisely there is a slight increase in North America as well. There should be some difference in accelerating markets and emerging markets.
Average FOB price
FOB price kept at thigh level. It decreased month by month, but comparing with the last year data it has been grown about 10 %.
Baltic Exchange Dry Index 2021-2022
The curve of BDI follows the last year trend. Due to Ukrain-Russia issue, it is likely to be similar result as last year. Nevertheless, the number of the month affected by continuous shut down of Shanghai, one of the largest port in Asia.
Exchange rate JPY/USD.EUR
JPY is getting weaker against both USD, EUR and this tendency continues now on. It is predicted to be continue for a certain period and not an instant matter.