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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.

Thailand. Singha reconsiders packaging affiliate’s listing

Thailand’s Singha beer producer Boonrawd Brewery plans to spin off its packaging subsidiary, listing it on the Stock Exchange of Thailand.

“We had planned to submit the filing for listing of the Bangkok Glass a few years ago. But, at that time, we were restructuring our businesses. Therefore, the listing got postponed to now,” Chutinant Bhirombhakdi, executive vice president of Singha Corp and executive of Boonrawd Brewery, said.

However, he said that it is reconsidering the plan and cannot specify the listing period yet.

Bangkok Glass is one of the major glass container manufacturers in Thailand and also produces Aluminium cap, plastic cap, corrugated carton and plastic containers.

In addition, it has diversified into sport business by founding Bangkok Glass Football Club and Volleyball Club as well as operated Wishing Tree Resort in Khon Kaen province.

27 Апр. 2016



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