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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.

Boston Beer Q4 net income rises

US-based hand-crafted, flavored beer producer Boston Beer has reported $17.79m net income for the fourth quarter ended 31 December 2011, against $12.17m during the same period the previous year.

The increase was primarily due to increased core shipment volume and the favorable impact of a state income tax settlement in the fourth quarter, partially offset by increased advertising, promotional and selling expenses.

Boston Beer's net revenue for the fourth quarter increased 23% to $142.05m, compared to net revenue of $115.74m for the fourth quarter in 2010.

For the year ended 31 December 2011, net revenue increased 11% to $513m.

Net income increased $15.9m to $66.1m, compared to the prior year, due to the impact of the recall settlement, increases in core shipment volume, revenue per barrel increases and the favorable impact from the state income tax settlement, partially offset by increased advertising, promotional and selling expenses.

Boston Beer CEO and president Martin Roper said shipments in the fourth quarter were higher due to the extra shipping week in the fiscal quarter versus last year, and the earlier shipment of Samuel Adams Spring Seasonal relative to last year, as the company accomplished a conversion from Winter Seasonal to the new Alpine Spring in early January in most of the company's markets.

29 Фев. 2012



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