Beer market of Russia 2016: PET goes to draftThe beer market of Russia was warmed up by the hot summer, but the preparation for large volume PET prohibition has already impacted it negatively. The year was successful for Efes, MBC and regional producers; Carlsberg’s positions were virtually stable but AB InBev and Heineken lost a part of market share having focused on the sales profitability. The dynamics of big brands was determined by how much the companies were willing to keep the prices down or by their promotional activity. In this context the economy segment of the beer market and sales of inexpensive draft beer were increasing. The premium segment started shrinking due to license brands migrating to the mainstream segment.
Beer market of Vietnam: “Young tiger”Vietnam is one of the few big beer markets that continue to grow steadily. The beer popularity results from its low price, street consumption culture, and social motives. The outlooks of beer market as well as the Vietnamese economy inspire optimism, though the country is heavily dependent on export of goods. The state regulation can be called liberal, but the key risk for brewers is harbored in intensive rising of excise. Within TOP-4 there are two leaders, Sabeco and Heineken that grow at the fastest rates. The first company effectively employs its capacities, the second one focuses on marketing technologies. Almost 80% of the market belongs to century-old brands, yet the middle class and the youth are shifting their interest toward international premium that is growing taking share from the mainstream.
Analysis of beer market in China (on Russian)
Beer market of Ukraine: big three losing weightIn 2016, fast increase of excises and resulting price spike stood in the way of the beer market stabilization. Most of competition (as well as mass sorts) moved to the economy segment of the market. The biggest losses were incurred by the leading three, especially Obolon, which again experienced pressure after reallocation of Efes market share. However, one should already speak of TOP-4. Group Oasis CIS (PPB) became a strong player and competitor to transnational companies. Besides the net sales of many regional medium breweries look rather good and 16-fold cost reduction wholesale trade license for craft brewers opens up a possibility of rapid growth in 2017.
Mexico’s Modelo profit up 33 pct on weak peso
* Revenue up 1.4 percent to 23.551 bln pesos
* Costs seen rising in Q4
Oct 21 (Reuters) - Mexican brewer Grupo Modelo benefited from the weak peso in the third quarter, posting an almost 33 percent jump in profit even as revenue rose only slightly.
Modelo, which exports popular brands such as Corona, got a boost as the peso saw its steepest slump in September since the 2008 financial crisis. As the peso fell, the value of the company's sales in the United States, its biggest export market, rose.
The brewer reported on Friday that third-quarter profit climbed to 3.310 billion pesos ($238 million) from 2.496 billion pesos a year earlier.
Modelo -- half-owned by the world's biggest brewer, Anheuser-Busch InBev -- said revenue rose 1.4 percent to 23.551 billion pesos.
The brewer could take a hit in the fourth quarter from higher grain costs, Chief Financial Office Emilio Fullaondo warned analysts on a conference call.
A cold snap in September and heavy rains in Mexico's southwest damaged as much as 70 percent of the country's second barley crop of the year, and this mean Modelo will have to import barley at higher prices, Fullaondo said.
Export sales dropped 4.1 percent in the third quarter, hurt by lower sales in the United States. Sales in Latin America and Europe increased.
Modelo is introducing new brands, such as Victoria and Pacifico, and expanding its draft offering in the United States.
"We are committed to developing the new brands that we're launching into the U.S., but that takes time," said Fullaondo. "It's still a very complicated environment in the U.S."
Exports accounted for 32.7 percent of total sales in the quarter, compared with 34.5 percent a year earlier, Modelo said.
Domestic sales were up 9.6 percent.
Modelo shares were up 2.2 percent at 80.64 pesos in local trading on Thursday.
21 Oct. 2011