Pivnoe Delo
abbey-beer-icon

pivnoe-delo_logo5

Top articles

Journals

4-2017

Global hop market

A local alternative to mass beer suggested by independent brewers has been successful and is now altering the global market. Beer is becoming more diversified, so transnational companies have to accept the new game rules and to switch focus to young and fast growing markets. All these processes increased the demand for aroma and bitter hop as well as their acreage expansion on two continents. However now there appeared a downward trend of alcohol consumption in the world, so even special sorts can soon turn to be sufficient. In this connection the dynamic American hop market is already facing some problems. EU hop producers have become more cautious, they are not racing to exceed the demand and look forward with more confidence, judging by the contract terms. 

Hop Market in Russia

Germany still dominates the Russian market, yet over the recent two years one has been able observe a continuous success of Czech hop suppliers. Their expansion and growing popularity of hops from the United States became the drivers of supplies growth in 2016 despite the preceding modest harvest crop in the EU, as well as the factor of relative stability in 2017. In this connection, in 2017, the ratio of the varieties continued to shift towards the aroma ones, and the supplies of Magnum hop and other alpha varieties were reduced. However, the import of bitter hop pellets is partially replaced by extracts, especially from the major beer manufacturers. Total volumes of alpha acid supplies, according to our estimation, decreased by approximately 5% and returned to the level of 2015. Barth Haas Group continues dominating the hop products market; HVG also increased its weight. At the same time, Morris Hanbury significantly reduced the supplies in 2017.

Namibia Breweries’ operating profit rises 19% for the six month period ended 31 December 2010

Namibia Breweries’ operating profit (before equity losses) for the six month period ended 31 December 2010 showed a 19% increase over the previous period, according to a company statement. The increase was driven in part by the brewer’s cost base benefiting from lower malted barley prices. Earnings per share increased by 38%. The company pays an interim dividend per ordinary share of 25 cents, it said.

Namibian market

The Namibian market continues to remain a significant contributor to total revenues and earnings, Namibia Breweries said. Overall domestic volumes grew by 7% compared to the previous period. Tafel Lager and Windhoek Draught saw significant growth compared to last year resulting in a very strong balanced beer portfolio. The Windhoek Draught brand was extended into a 750ml returnable pack and this new pack size was launched in September 2010. The new pack size has been well received by our consumers and to date this has delivered steady growth for the brand.

South Africa

The South African Joint Venture (DHN Drinks (Pty) Ltd) continued to grow in a competitive beer market and this was ahead of the total RSA beer market growth. The Windhoek Trade mark also grew in the period, with Windhoek Draught particularly doing well in both can and the 440ml bottle. NBL’s income from DHN (incl. royalties, manufacturing margin and share of associate) is up substantially.

Exports (excluding South Africa)

Volumes in the remainder of the company’s exports also grew. This was attributed to Windhoek Lager and Windhoek Draught. NB’s brands continued to grow in Botswana despite the government introducing a 30% alcohol levy in November 2008, which was increased to 40% in December 2010.

Outlook

Namibia Breweries remain positive that the second half of the financial year will deliver further growth. Maintaining margins through continued focus on production efficiencies will remain a key focus point going forward. The business has made some significant investments into the Windhoek production site and much of this is due for commissioning in the second half of the financial year. “This will ensure that the brewery is in a position to support our growth”, it said.

7 Apr. 2011

Advertising

pilsena_en
gea
sidel100x100
jg
portinox

Main topics

Exact matches only
Search in title
Search in content
Search in comments
Search in excerpt
Search in posts
Search in pages
Search in groups
Search in users
Search in forums
Filter by Custom Post Type
Filter by Categories
Home
Magazines
News
×