Beer market of Russia 2018
- General market picture
- Foreign trade setting records
- Demography as challenge to branding
- Aged consumer
- Declining of youth brands
- Nostalgia on trend
- DIOT feels at home
- 5.0 Original is the new face of import
- Positions of Market Leaders
- Carlsberg Group
- AB InBev Efes
- AB InBev
Ukrainian beer market 2018
- Better than yesterday
- Performance by value
- Positions of Ukrainian brewers
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: Carlsberg will hold edge over rivals in 2013 — analyst
The Danish brewer's stock price has suffered from its exposure in its key market of Russia, Bernstein analyst, Trevor Stirling, said in a note yesterday (8 January). But though 2013 is “unlikely to be a bumper year for Carlsberg”, a stabilised Russian market and the brewer's reversal of a two-year market share lose there mean its stock will outperform, Stirling said.
Its rival, Heineken, should also see a jump in share price as Mexico drives fresh growth and its recent Asia Pacific Breweries deal adds to earning, he added.
Carlsberg and Heineken will both be boosted this year due to lower barley and aluminium costs and better cost savings, Stirling suggested. “We expect that this improved earnings outlook will also lead to a further modest re-rating, resulting in the end of the double discount that we believe afflicts both stocks,” the note said.
Meanwhile, Anheuser-Busch InBev's share growth is expected to be held back by its exposure to the US, Stirling said. But he added: "US beer volumes are improving as unemployment in key demographics is slowly but steadily declining and the rate of consumer deleverage is slowing."
For SABMiller, currency fluctuations in its core emerging markets will damage profits, Stirling predicted.
Meanwhile, the analyst branded 2012 “a year of two halves” for Europe's beverage shares, with H1 out-performance giving way to a 2% under-performance in H2.
“We expect this (H1) pattern to continue into 2013,” Stirling said, adding that investors are likely to take funds from beverages to invest in higher-risk shares.
The note added: “We are likely looking at several more months of subdued broadly-neutral relative performance.”
8 Янв. 2013