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.
UK. Pubs firm reports lower profits
The UK's biggest pub landlord was hit by a plunge in beer volumes during the Olympics as punters stayed at home to enjoy the London 2012 Games.
Enterprise Inns, which has 6,060 leasehold and tenanted pubs, said that while "national pride" might have received a boost, beer volumes dropped 8% year-on-year in the two weeks covering the Olympics, compared to a 3% decline for the financial year.
The Solihull-based group saw pre-tax profits drop 12% to ?137 million in the year to September 30 as it continued its disposal programme, selling 301 properties in the period.
Enterprise, which saw like-for-like sales decline 1.2% compared to a 4.3% drop the previous year, said it had raised ?208 million from disposals in the period.
Within this, 199 properties were unsustainable pubs, generating net sale proceeds of ?67 million, while 102 were "exceptional properties" generating net proceeds of ?117 million.
A further 17 were sold as a sale and leaseback package for net proceeds of ?24 million.
The group said the year was lifted by events such as the Diamond Jubilee and Euro 2012 football championships, although these were offset by record-breaking rainfall in the period.
Enterprise said it wants to reduce the size of the estate to 5,200 properties over the next three years and spend ?180 million on improving the quality of its sites.
It hopes to receive proceeds for disposals in the year to September 2013 of around ?150 million.
The board said that due to economic uncertainty, it believes it is not appropriate to resume dividend payments. Shares were slightly higher after the results were published.
21 Nov. 2012