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....
South Korea. Turns out, beer goes pretty well with K-pop
Oriental Brewery, a unit of the world's largest beer maker, Anheuser-Busch InBev, has been increasing exports by over 10% every year since 2011. Oriental used to mainly make and export other companies' brands of beer. Today, it is exporting more of its own suds, such as Cass and Premier OB.
Exports have grown thanks to the hit of South Korean TV drama "My Love from the Star." The series attracted many viewers across Asia and introduced the culture of enjoying beer with chicken, which boosted exports, an Oriental representative said.
According to the Korea Customs Service, brewers exported $84.4 million worth of beer in 2015, up 16.9% from 2013. Between January and July, shipments rose 3.7% from the same period last year. Though relatively small in size, South Korea's beer market is showing remarkable growth as the country's overall exports slump due to stagnant shipping, steel and other heavy industries.
Hong Kong is the top importer of South Korean beer, accounting for about 40% of the total, partly because the region has no beer tariff. China, Iraq, Singapore, the U.S. and Japan follow in the ranking.
Malaysia, Vietnam and other Southeast Asian countries are importing more South Korean beer. In these countries, hallyu, or Korean wave, culture still has much appeal to consumers. Hitejinro, which sells Hite beer, considers these markets strategically important and has been riding the Korean wave to them.
Hitejinro uses Ha Jung-woo, a popular South Korean actor, to promote its products. Hitejinro's exports to Southeast Asia rose more than fivefold to $7.61 million in 2015 compared to 2013.
South Korean beer is known for having little body. A media says it is worse than beer made in North Korea. It is not alone in its dislike of the stuff.
Most South Korean beer has low malt. In Japan, for instance, at least two-thirds of the content has to be malt for the product to be sold as beer.
However, the bad reputation associated with South Korean beer has been more than offset by the Korean wave.
Lotte Chilsung Beverage, which entered the domestic beer market in 2014 with Kloud, a full-malt beer, has been busy keeping up with rising demand at home. It is also eager to join the competition outside South Korea.
14 Sep. 2016