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....
ThaiBev eyes stake in Vietnam’s largest brewer
Thai Beverage (ThaiBev) is setting its sights on a stake in Vietnam’s largest brewer SABECO (Saigon Beer, Alcohol, Beverage Corporation).
Citing media reports, OCBC revealed that ThaiBev has joined several major foreign brewers in a bid for shares in the Vietnam beverage giant.
“In a recent update, SABECO has filed documents to seek approval from the Ministry of Industry and Trade to join the Vietnam Stock Index (VN-Index) as the government would want the market to determine the price of stakes in SABECO, while the deal is expected to be worth at least US$1.8b,” OCBC stated.
“Following its listing, the divestment of SABECO will be done in two tranches, whereby the government will auction 53.59% in the company this year and the remainder of the stake in 2017,” it added.
Reports also suggest the government is on the prowl for the highest bidder.
26 Sep. 2016