Japanese Sake market report July 2021
Please find the updating market report of June 2021. As the data is available slightly late, this month ikki will deliver the statistics of May 2021.
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 May 2021
- Exported volume by area May 2021
- Exported amount by area and its ratio May 2021
- Average FOB price May 2021
- Exchange rate July 2021
Please find the data below.
Total exported volume and value May 2021
On May 2021, total export value dropped slightly to about 3.2 billion JPY, whereas total export volume increased to 3.2 million litre. So more reasonable Sake export than premium Sake on May comparing to the last months.
Overall, Sake market tends to be getting back and start to grow over covid.
Exported volume by area May 2021
Looking at volume by area, it seams steady in Asia over few months. America is where the export volume grew over the months, and not good news from the rest of the area. Nevertheless, after May there were good news in terms of economy in Europe, so the growth in Europe area expected.
Exported amount by area and its ratio May 2021
Year on year, all the market of all area is getting back and comparing to the last year they are more than doubled.
Western Europe is remarkably bounced back over corona and it is 8 times more Sake imported than the last year. It shows how harsh the situation was in the last year and hope continue to grow now on.
Average FOB price May 2021
The average FOB price slightly dropped on May, but keeping the high price range comparing to the previous years.
In the previous years there are many reasonable Sake imported from large breweries, but it seams import of expensive Sake from small and medium breweries keep certain amount of consumption groups all over the world.
Exchange rate July 2021
The exchanging rate is getting better for those who import on July as well. Euro slightly dropped to 131.59 JPY / EUR, and USD is also keeping the rate around 110 JPY/USD.