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.
Analysis of beer market in China
China’s transition to a “new normal” reality backfired on the brewing industry unexpectedly. Stagnation and subsequent market decline resulted from dynamic social and economic changes. There has emerged a “two speed” market where the medium class significance is growing, yet the share of main beer consumers, “blue collar” is decreasing. Also the inflow of consumers is shrinking, as demographics stopped being a growth driver. Finally, beer is giving way to other alcohol drinks....
UK. Christmas boosts Greene King’s sales
Greene King, which operates the Hungry Horse, Old English Inns, Eating Inn and Loch Fyne Restaurants, said like-for-like retail sales increased 3.7 percent for the 36 weeks, boosted by a 4.1 percent rise in food sales.
The sales climbed 2.8 percent in the last six weeks, said the Suffolk-based company, which operates about 2,300 pubs, restaurants and hotels across England, Wales and Scotland.
It reported sales of 2.7 million pounds ($4.4 million) on Christmas day, up 6.8 percent from last year.
Pubs in the UK are benefiting from a rising demand for casual dining as price-conscious customers prefer to eat out at pubs rather than highly priced restaurants. Greene King said it does not expect conditions for the UK consumer to improve in 2013.
Smaller rival Restaurant Group Plc said last week that full-year turnover rose 9 percent and it expected profit to be slightly ahead of market forecasts.
Greene King's shares, which have risen about 33 percent in the past year, closed at 648.5 pence on the London Stock Exchange on Friday.
14 Jan. 2013