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Global hop market

A 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 Russia

Germany 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.

SABMiller’s Wyman to retire, spotlight on CEO

Global brewer SABMiller Plc said its Chief Financial Officer Malcolm Wyman would retire at end-August to be replaced by internal candidate James Wilson, which is likely to throw the spotlight on when Chief Executive Graham Mackay decides to retire.
Wyman leaves after 25 years at SABMiller, becoming chief financial officer in 2001 some two years after the group's listing in London, and has worked closed with Mackay on expanding the group to become the world's second biggest brewer.

Chief Executive Mackay, 61, has been at the group's helm since the brewer moved to London and turns 62 this summer, but according to a person close to the company, "He shows no sign of stepping down."

Wilson, 51, has worked in the global drinks industry for 23 years in a range of roles from finance director of Famous Grouse scotch whisky group Highland Distillers, then moving to brewer Scottish and Newcastle, and currently works as finance director at SABMiller Europe.

SABMiller, the brewer of Miller Lite, Peroni and Grolsch beers, said Wyman will stand down from the board at the group's annual general meeting on July 21, and turns 65 shortly afterwards.

SABMiller shares were off 0.9 percent at 22.56 pounds by 0750 GMT in line with a lower London stock market.

6 мая. 2011



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