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.
Thailand. ThaiBev increased beer sales 17.5% to 671 million liters
In 2015 the company had satisfactory growth of net profit from continuing operations that grew 5.5% to Baht 22,616 million.
According to the report impactful beer launch drove both top line and bottom line of beer business.
On 19 August 2015, the company launched the new look Chang Classic bottle. The bottle's colour has also been changed from amber to green. The new Chang Classic will be only a 5.5 percent of alcohol, down from 6 percent of alcohol previously. The new beer is a part of the company's strategy. In addition, the company discontinued several beer products - Chang Light, Chang Export and Chang Draught and consolidated all its beers under the Chang Classic brand in line with its vision to become a "sustainable leader" in the beer market in ASEAN by 2020.
Beer sales revenue increased by 22.5% to Baht 43,112 million. In 2015 ThaiBev sold 671 million liters of beer, which is 17.5% more than previous year. The net profit grew 206.8% in 2015 due to EBITDA growth. The beer turnover decreased from 20 to 10 days in 2015.
The beer sales performance is a great achievement taking into consideration the overall company sales. For example, ThaiBev net profit in spirits, non-alcoholic beverages and food decreased by 0.7%, 23.3% and 23%, respectively.
It is worth noting that beer sales account for over 25% of the overall company sales.
According to the updated information sales revenue grew 7.3% driven by both currency translational impact and organic growth. The organic growth of 2.2% was driven by the growth momentum in ASEAN.
1 Mar. 2016