The beer market dynamics in Russia is approaching zero, yet major brewers are divided into those who developed considerably in 2017 and those who considerably reduced their volumes. For instance, company Efes has managed to substantially extend their sales due to restrained pricing policy and activity in the modern trade. Heineken has also demonstrated an excellent performance promoted by significant increase of advertisement budgets launching a non-alcohol sort of the title brand and unusual activity in the economy market segment. Carlsberg and AB InBev have been focusing on margins and lost a market share of their inexpensive brands. Serious dependence on PET package and mass enthusiasm about Zhigulevskoe have negatively impacted the most of big regional brewers, that have been for the first time pressed by the leaders in the key sales channels, especially in Volga and Central regions. In the small business there has been a noticeable slowdown in appearing of new restaurant breweries, yet the number of craft breweries has been growing rapidly. In 2018, the beer market is likely to grow a little, while the share of AB InBev Efes may decrease due to the integration. ...
“Catalogue of Russian Beer Producers 2018” includes 1070 businesses ranging from large subsidiaries of international companies to rather small restaurant and craft microbreweries.The catalogue includes 32 large breweries, 75 regional breweries, 693 industrial mini- and microbreweries as well as 270 restaurant breweries. ...
Global hop marketA local alternative to mass beer suggested by independent brewers has been successful and is now altering the global market. Beer is becoming more diversified, so transnational companies have to accept the new game rules and to switch focus to young and fast growing markets. All these processes increased the demand for aroma and bitter hop as well as their acreage expansion on two continents. However now there appeared a downward trend of alcohol consumption in the world, so even special sorts can soon turn to be sufficient. In this connection the dynamic American hop market is already facing some problems. EU hop producers have become more cautious, they are not racing to exceed the demand and look forward with more confidence, judging by the contract terms.
Hop Market in RussiaGermany still dominates the Russian market, yet over the recent two years one has been able observe a continuous success of Czech hop suppliers. Their expansion and growing popularity of hops from the United States became the drivers of supplies growth in 2016 despite the preceding modest harvest crop in the EU, as well as the factor of relative stability in 2017. In this connection, in 2017, the ratio of the varieties continued to shift towards the aroma ones, and the supplies of Magnum hop and other alpha varieties were reduced. However, the import of bitter hop pellets is partially replaced by extracts, especially from the major beer manufacturers. Total volumes of alpha acid supplies, according to our estimation, decreased by approximately 5% and returned to the level of 2015. Barth Haas Group continues dominating the hop products market; HVG also increased its weight. At the same time, Morris Hanbury significantly reduced the supplies in 2017.
$1 billion milestone within reach for Vietnamese businesses
In the week from October 31 to November 4, while more than 50 percent of shares saw prices decreasing, Habeco’s price still increased sharply by 180 percent from VND39,000 per share to VND109,500, according to ndh.vn.
Analysts believe that its capitalization value would continue increasing in the time to come as investors put high hopes on the state’s plan to divest Habeco shares.
The addition of Habeco on the list of businesses with capitalization value of over $1 billion has raised the number of businesses to 13, a record high in the last 16 years.
The list may become longer as key enterprises in the national economy, including Sabeco (brewer), the Airports Corporation of Vietnam (ACV) and the nation’s flag air carrier, will list shares on the bourse as per the government’s request.
The majority of businesses on the list are those in which the state holds the controlling stake. However, the number of privately-run enterprises is on the rise. These include well-known names such as Vingroup, Masan Group, Hoa Phat, The Gioi Di Dong and Faros.
Of these, Vingroup, which invests money in many different business fields, including real estate, retail and agriculture production, belongs to Pham Nhat Vuong, the first Vietnamese dollar billionaire recognized by Forbes.
Novaland, a well-known name in the real estate sector, is believed to join the group of $1 billion businesses in the time to come.
The number of Vietnamese businesses which have turnover, assets and stockholder equity of over $1 billion is also on the rise. However, only three large corporations can have profit of over $1 billion. They are PetroVietnam (oil & gas), Viettel and Samsung Electronics Vietnam.
According to CafeF, about 50 enterprises in Vietnam have turnover of over $1 billion, including state-owned, privately-run and foreign invested.
Among privately-run enterprises, there are about 10 enterprises that have more than $1 billion in turnover, namely FPT (technology firm), Vingroup, Truong Hai –Thaco (automobile), The Gioi Di Dong (phone distribution chain), Masan Group, Intimex, Hoa Phat, Doji (jewelry) and SCB (banking).
11 Nov. 2016