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China. In the first half of 2016, the beer production continued to decline

From January till June 2016 the decline of beer production in China stood at 4.3% according to the official data by NBSC. 

And in June, there was a 3.6% downslide to 48.07 mln hl.

Last year saw an uninterrupted decline, yet it was the deepest during the first half of 2015 and stood at 6.2%. Potentially, it should have led to the low base effect and positive trend in the first half of 2016. However the beer production decrease in China is continuing approximately at the same rates.

If we compare the operational data for 2016 to the volumes of 2015, the estimated production decline will be twice bigger, that is, 8.4% as output fell from 245.7 mln hl in 2015 to 225.2 mln hl in 2016. Such difference can be explained by the operational data being not final and liable to addition. That is why the production decline calculated by comparing the old updated figures and new operational ones, seems to be underestimated.

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4 Aug. 2016

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