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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. Thai Beverage posts 2016 full-year profit of 18.9b baht

THAI Beverage Public Company made a net profit of 18.9 billion baht (S$756.3 million) in the nine months of its truncated 2016 financial year.

21-40594028-18_11_2016-chang_0The group, which has changed its financial year-end from Dec 31 to Sept 30, recorded a net profit of 26.5 billion baht for the 12-month 2015 financial year in comparison.

Revenue for the nine months ended Sept 30 came in at 139.2 billion baht, while it stood at 172 billion baht for the 12 months ended Dec 31, 2015.

The group said that there was an increase in sales revenue from all segments in the nine months, compared to the previous year, as the Thai economy continued to expand at a gradual pace.

Thai Bev has declared a dividend of 0.6 baht per share for the 2016 financial year, compared with a dividend of 0.61 baht per share for 2015.

18 Ноя. 2016



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