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....
Vietnam. The changes of the tax base will result in increase of retail prices
The purpose of the bills is to increase the transparency of operations, to formalize the procedure of tax calculation and to reduce the likelihood of financial fraud by multi-level companies. However, the entrepreneurs insist that innovations will pose problems in the calculation of the tax base and lead to higher prices for final products.
According to the new law, the excise tax is not subject to the wholesale sales price to the distributor but the price which is close to that one at which the product is sold to the final buyer. That is, the basis for taxation is the price of the manufacturer, but not less than 7% of the average price that receives the latest trading company in the distribution chain.
Therefore, the government aims to make the pricing in huge companies like Sabeco and VBL more transparent, where due to the plurality of subsidiaries and distributors the final amount of the excise tax reduces.
30 Mar. 2016