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Asia/Australia
Korea | Before covid-19, South Korea was one of the leading markets for booze. Beer and soju were consumed the most. What is more, one in two beers was sold in bars and restaurants. As the pandemic has prevented people from enjoying get-togethers and socialising, the beer market is undergoing a dramatic change.
Asia/Australia
India | The Japanese brewer plans to acquire a stake of slightly under 10 percent in the local craft brewer Bira for about USD 30 million, The Financial Times (FT) reported on 4 January 2021. The deal will be Kirin’s first bet on premium beer in India.
Asia/Australia
India | Top executives of Carlsberg, SABMiller and India’s United Breweries (UB) exchanged commercially sensitive information and colluded to fix beer prices in India over eleven years, according to a government antitrust investigation released in December 2020.
Asia/Australia
Australia | Japan’s Asahi, which bought the country’s leading brewer Carlton & United Breweries (CUB) from AB-InBev in 2020, has sold its leading online alcohol retailer BoozeBud back to the business’ founders.
Asia/Australia
Australia | For several months now, China has been using punitive tariffs in retaliation for criticism from Australia. Now Beijing has targeted Australian wine. Since the end of November, Chinese importers have to pay surcharges of between 107 percent and 212 percent. China’s demand for Australian wine is expected to almost completely collapse.
Asia/Australia
Australia | More than 200 parliamentarians from 19 countries are calling on people to drink Australian wine in protest against the brutal tariffs slapped on the country by China. The Inter-Parliamentary Alliance on China (IPAC) describes itself as a “cross-party group of legislators working towards reform on how democratic countries approach China”.
Asia/Australia
Australia | As can be expected, the coronavirus crisis will have impacted brewers’ sales adversely, but insiders are hard pressed to come up with an estimate. Most likely, beer sales will be down in the mid-single digits in 2020, but the decline will probably hit the Big Brewers harder than the independents.
Asia/Australia
Australia | 2020 may turn into craft brewing’s “lost year”, but Australian craft brewers remain upbeat. They think they are in a “largely strong” position, heading into the antipodean summer, while building on the trends that have emerged since the pandemic broke out.
Asia/Australia
Australia | Adelaide-based Coopers brewery is crediting a consumer trend towards local beer brands, and its shrewd move to more canned products, for a 3.9 percent rise in volume sales in its 2019-20 financial year, ended 30 June.
Asia/Australia
Australia | After having offered its underperforming dairy unit to nearly everyone for two years, Japanese brewer Kirin finally found a buyer: On 26 November 2020 media reported that Kirin will sell its Australian beverage and dairy subsidiary to the local dairy company, Bega Cheese, for USD 412 million.
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BRAUWELT on tour
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BRAUWELT on tour
