The beer market dynamics in Russia is approaching zero, yet major brewers are divided into those who developed considerably in 2017 and those who considerably reduced their volumes. For instance, company Efes has managed to substantially extend their sales due to restrained pricing policy and activity in the modern trade. Heineken has also demonstrated an excellent performance promoted by significant increase of advertisement budgets launching a non-alcohol sort of the title brand and unusual activity in the economy market segment. Carlsberg and AB InBev have been focusing on margins and lost a market share of their inexpensive brands. Serious dependence on PET package and mass enthusiasm about Zhigulevskoe have negatively impacted the most of big regional brewers, that have been for the first time pressed by the leaders in the key sales channels, especially in Volga and Central regions. In the small business there has been a noticeable slowdown in appearing of new restaurant breweries, yet the number of craft breweries has been growing rapidly. In 2018, the beer market is likely to grow a little, while the share of AB InBev Efes may decrease due to the integration. ...
“Catalogue of Russian Beer Producers 2018” includes 1070 businesses ranging from large subsidiaries of international companies to rather small restaurant and craft microbreweries.The catalogue includes 32 large breweries, 75 regional breweries, 693 industrial mini- and microbreweries as well as 270 restaurant breweries. ...
Global hop marketA 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 RussiaGermany 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.
Carlsberg could raise stake in Hanoi Beer to 30%
-- State-controlled Habeco says Danish brewer to acquire 13% stake
-- Carlsberg to pay 50,015 dong per share
(Adds context in the second paragraph and comments from a Habeco official in the third and fourth paragraphs.)
HANOI--Government-controlled Hanoi Beer Alcohol & Beverage Joint Stock Corp. plans to sell a 13% stake in itself to Carlsberg A/S CABGY +1.11% , an official from the Vietnamese brewer said Friday, which would raise the Danish company's stake in Habeco to 30%.
The planned deal comes a year after Carlsberg bought a controlling stake in a small Vietnamese brewery, and European brewers are increasingly turning to Asia for growth following sluggish growth in their home markets.
Vietnam's Ministry of Industry and Trade "disclosed its decision after Deputy Prime Minister Vu Van Ninh agreed that Carlsberg will be allowed to raise its stake to a maximum of 30% in Habeco," said the official, who declined to be named because he wasn't authorized to talk to the media.
The official said the ministry has an 82% stake in Habeco, and cited Mr. Ninh as saying that Habeco will sell shares at 50,015 dong ($2.50) each to the Danish brewer. He didn't provide a timetable or specify the value of the deal.
Carlsberg wasn't immediately available for comment.
Vietnam's regulations bar foreign companies from holding more than 49% in a domestically listed company, but there are no rules governing foreign ownership in unlisted companies.
Carlsberg already holds a 17% stake in Habeco, which is the country's second-largest producer of beer after Saigon Beer Alcohol & Beverage Joint Stock Corp., or Sabeco.
The Vietnamese government's move to sell shares in Habeco to Carlsberg followed Danish Prime Minister Helle Thorning-Schmidt's visit to Hanoi Wednesday and Thursday, during which the two governments pledged to boost cooperation and trade ties.
The Vietnamese government is pushing for the Hanoi-based brewer to expand its strategic partnership with Carlsberg, the world's fourth-largest brewer, local news provider Gafin.vn reported Friday.
Carlsberg first acquired Habeco shares at VND50,015 each in March 2008, when it bought into the Vietnamese firm's initial public offering, the report said.
Last year, Carlsberg bought a 50% stake in unlisted Hue Brewery Co. to take full control of the company, which has an 8% share of the domestic beer market.
Earlier this year, Dutch brewer Heineken NV (HEIA.AE) acquired a controlling stake in Asia Pacific Breweries Ltd. (A46.SG), and is set to take full control of the brewer in November.
12 Nov. 2012