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E-Malt.com Flash 15a
April 10 - April 12, 2023
Quote of the Week
Our greatest glory is not in never falling, but in rising every time we fall.
Confucius
Currency Rates
Base Currency: Euro
on April 12, 2023 |
Base Currency: US Dollar
on April 12, 2023 |
| |
1 EUR = 1.0901 USD
1 EUR = 0.8776 GBP
1 EUR = 1.4702 CAD
1 EUR = 1.6371 AUD
1 EUR = 145.4580 JPY
1 EUR = 5.4906 BRL
1 EUR = 89.1268 RUB
1 EUR = 7.5033 CNY
|
|
1 USD = 0.9172 EUR
1 USD = 0.8050 GBP
1 USD = 1.3487 CAD
1 USD = 1.5016 AUD
1 USD = 133.4210 JPY
1 USD = 5.0366 BRL
1 USD = 81.7568 RUB
1 USD = 6.8829 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| April 12, 2023 |
French Barley/Malt
Crop 2022
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
284.00-286.00 |  |
| 6RW Malting Barley (FOB Creil) |
249.00-251.00 | |
| Feed Barley (FOB Creil) |
234.00-236.00 | |
| 2RS Malt (FOB Antwerp) |
601.50-603.50 | |
| 6RW Malt (FOB Antwerp) |
558.50-560.50 | |
French Barley/Malt
Crop 2023
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
282.00-284.00 | |
| 6RW Malting Barley (FOB Creil) |
264.00-266.00 | |
| 2RS Malt (FOB Antwerp) |
596.00-598.00 | |
| 6RW Malt (FOB Antwerp) |
632.00-634.00 | |
German Malting Barley
Crop 2022
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
nq | |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
North America: AB InBev estimated to account for 28% of North America’s total malting capacity
...Click here
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USA: Inflationary trends forcing brewers to raise prices
...Click here
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World: Barley crop, trade forecasts increased in USDA’s April report
...Click here
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World: Barley crop forecast unchanged at 147.1 mln tonnes
...Click here
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EU & UK: Barley crop situation remains favourable across Europe
...Click here
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Australia & China: Australia and China reach agreement to resolve barley imports dispute
...Click here
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North America: US barley plantings expected to drop by 1%, Canadian slightly up
...Click here
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Romania: PET-bottled beer sales the lowest in the last decade
...Click here
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The Czech Republic: Government considering increase in VAT rate on beer
...Click here
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UK: Carlsberg acquires UK rights for Kronenbourg from Heineken UK
...Click here
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UK: Heineken launches Spanish draft beer Cruzcampo in the UK on-trade
...Click here
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Graph of the week
Table of the week
US Beer Sales, Import, and Export 2013 - 2022
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
10 April
1790 - U.S. Patent system forms
1816 - The Federal government of the United States approves the creation of the Second Bank of the United States
1930 - Synthetic rubber 1st produced
1956 - Philips broadcasts 1st Dutch color TV programs
11 April
1919 - The International Labour Organization is founded
1929 - Loetafoon celluloid film system demonstrated in Amsterdam
1992 - Euro-Disney opens near Paris
1994 - Software programmer Marc Andreesen, then 22 years old, and venture capitalist Jim Clark, the co-founder of Silicon Graphics Inc., found Mosaic Communications Corp
12 April
1903 - Jan Tinbergen is born, Dutch economist and U.N. advisor, Nobel 1969
1905 - French Dufaux brothers test helicopter
1992 - The Euro Disney Resort officially opens with its theme park Euro Disneyland. The resort and its park's name are subsequently changed to Disneyland Paris
1996 - One of the first companies ever to go public with an exclamation point in its name, Yahoo! Inc., launches its IPO on NASDAQ, selling 2.6 million shares at an initial price of $13 a share
Agenda
April 2023:
22 - 23: Zythos Beer Festival 2023 (Kortrijk, Belgium)
May 2023:
07 - 10: Craft Brewers Conference & BrewExpo America 2023 (Nashville, TN, USA)
10 - 10: World Beer Cup 2023 (Nashville, TN, USA)
12 - 14: Cerveza Mexico Expo 2023 (Guadalajara, Mexico)
12 - 13: Copenhagen Beer Festival 2023 (Copenhagen, Denmark)
18 - 21: Mondial de la Biere 2023 (Montreal, Canada)
21 - 23: The Brewers of Europe Forum 2023 (Prague, the Czech Republic)
22 - 28: Budapest Beer Week 2023 (Budapest, Hungary)
24 - 25: 34d International VLB Craft Brewing Conference (Online)
25 - 27: InnBrew 2023 (Barcelona, Spain)
26 - 28: Barcelona Beer Festival 2023 (Barcelona, Spain)
30 - 01 June: Craft Beer China 2023 (Shanghai, China)
30 - 01 June: Beviale Mexico 2023 (Mexico City, Mexico)
June 2023:
01 - 04: Wiener Bierfest 2023 (Vienna, Austria)
05 - 06: Tallinn Craft Beer Weekend 2023 (Tallinn, Estonia)
10 - 11: Bruges Beer Festival 2023 (Bruges, Belgium)
12 - 13: IGC Grains Conference 2023 (London, UK)
13 - 14: VLB Africa Brewing Conference 2023 (Douala, Cameroon)
August 2023:
10 - 12: VIETFOOD & BEVERAGE - VIETNAM 2023 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
18 - 19: Beervana 2023 (Wellington, New Zealand)
September 2023:
16 - 03 October: Oktoberfest 2023 (Munich, Germany)
18 - 20: 13th Iberoamerican VLB Symposium Brewing & Filling Technology (IBS) (Bogota, Colombia)
October 2023:
04 - 06: Drink Technology India 2023 (Pragati Maidan, New Delhi, India)
08 - 10: EBC Symposium 2023 (Salzburg, Austria)
10 - 12: International Beer Strategies Conference 2023 (Berlin, Germany)
19 - 20: Brew Asia 2023 (Ho Chi Minh City, Vietnam)
20 - 21: Salon du Brasseur 2023 (Parc Expo Nancy, France)
21 - 23: Whisky Live Paris 2023 (Paris, France)
November 2023:
28 - 30: Brau Beviale 2022 (Nuremberg, Germany)
December 2023:
06 - 08: Drink Japan 2023 (Makuhari Messe, Japan)
February 2024:
23 - 25: Finest Spirits 2024 (Munich, Germany)
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Malt News
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North America: AB InBev estimated to account for 28% of North America’s total malting capacity
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North America’s malting landscape consists of a mix of integrated vertical brewer-maltsters and commercial malting companies, RMI Analytics said in their early April report.
Similar
...More info on site
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Brewery News
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USA: Inflationary trends forcing brewers to raise prices
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Beer sales have long been a gauge of the economy. It takes a lot for beer lovers to abandon their brews.
But now with inflationary
...More info on site
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Canada: Cost of beer going up faster than before
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The cost of beer has been going up in Canada, and faster than it did in years past, according to the monthly Consumer Price Index data from Statistics Canada.
And while large brewers and restaurant associations criticized a planned tax hike on alcohol that could have increased the prices Canadians pay, that excise tax is just one part of what is frothing up beer prices these days.
"The cans, the bottles, raw materials, such as the malted barley and the hops. Everything has kind of went up in price," said Neil Reid, beer researcher and professor of geography and planning at the University of Toledo in Ohio.
"I think that's been a big, big factor in these price increases that we've seen across the board," said Reid, who is often labelled the "Beer Professor" online.
"It's not just a case of prices going up but it's also the availability of some of these material inputs," explained Reid, who pointed out that in some regions there have been shortages of aluminum for canning, or carbon dioxide, which is used to carbonate or make beer fizzy.
A lack of availability can either drive up prices or make the product more scarce — or sometimes both, say brewers.
Large
...More info on site
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Romania: PET-bottled beer sales the lowest in the last decade
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The share of PET-bottled beer in total beer sales reached 38.7% in Romania in 2022, the lowest level in the last decade and a half, according to data from the Romanian Brewers Association, which brings together the main producers of beer and raw materials in the beer sector.
The drop comes when the overall beer consumption fell in 2022, but more expensive packaging (given the per-litre price paid), such as glass, gained ground.
PET-bottled is the only category of the market that contracted last year by almost three percentage points. Glass-bottled beer reached a market share of 33.3%, the can-bottled segment holds a share of 24.8%, and the beer bottled in barrels accounted for 3.2% of the market, according to the cited source, Ziarul Financiar reported.
The undisputed winners of the year 2022 were the categories of glass- and barrel-bottled, maintaining the trend of premiumization.
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The Czech Republic: Government considering increase in VAT rate on beer
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Czech Finance Minister Zbynek Stanjura is considering an increase in the value-added tax (VAT) rate on beer in a major overhaul of the VAT regime, part of government efforts to cut the deficit, Reuters reported on April 11.
The reforms would combine the current two lower VAT rates of 10% and 15% into a 14% rate, while maintaining a top level of 21%, the Finance Ministry said on April 11.
The ministry did not list all the items which could see VAT rates increase, but Czech TV, which first reported the plans on Monday evening and called them the biggest VAT changes in eight years, said hotels, beer, water and sport could see an increase.
Stanjura told Czech TV that beer would be among items moved to a higher bracket and that items would be judged on whether "there is a societal reason to consume more of these services".
A rise in the tax on beer could be the most eye-catching tax move in a country with one of the highest per-capita beer consumption rates in the world.
A half-litre of top-selling brand Pilsner Urquell typically costs around 60 Czech crowns ($2.79) in Prague, so an increase in VAT to 21% from 10% could lead
...More info on site
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UK: Carlsberg acquires UK rights for Kronenbourg from Heineken UK
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Carlsberg Marston’s Brewing Company (CMBC) has signed deal for Carlsberg Group to acquire the UK rights for Kronenbourg from Heineken UK, The Drinks Business reported on April 12.
The deal, which transfers the licence of the French beer brand from 1 June 2023, will see Carlsberg Group acquire all rights to produce and distribute Kronenbourg 1664 in the UK via CMBC.
Under the agreement, Heineken UK will continue to brew and pack Kronenbourg 1664 under contract, before moving to CMBC in 2024.
A three-year commercial arrangement has also been agreed to continue to list and provide the brand to Heineken UK’s Star Pubs & Bars.
Historically, Heineken UK has held the licence for Kronenbourg 1664 since 2008, following the acquisition of Scottish & Newcastle by Carlsberg and Heineken.
Paul Davies, CEO of CMBC, said “Supporting brands and innovating in the premium category is a key pillar of our strategy and adding Kronenbourg 1664 to our enviable portfolio is an incredible opportunity to achieve this.”
Boudewijn Haarsma, managing director of Heineken UK, explained: “We’ve been a strong custodian of Kronenbourg in the UK over the last fourteen years, maintaining product quality and investing in its marketing and distribution as part of our portfolio. During this time, we
...More info on site
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UK: Heineken launches Spanish draft beer Cruzcampo in the UK on-trade
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Heineken UK has exclusively revealed the launch of Cruzcampo (4.4% ABV) in the UK on-trade to The Morning Advertiser (MA).
The firms senior brand manager, Christopher Buckwell, told The MA while the positioning of Cruzcampo is a mainstream premium lager, the serve presents a “nice opportunity” for operators to draw in consumers looking for “premiumisation at an affordable price point”.
He said: “Heineken UK is really pleased to announce it’s bringing Cruzcampo, the number one draft beer in Spain, over to the UK.
“[Cruzcampo] offers consumers an opportunity to taste something really authentic, a really great quality beer with lots of heritage, but at a price point that isn't going to break the bank.
“We know this year is going to be all about getting consumers back in the pub and having something on the bar that offers them a bit of discovery and feels like a real treat, but is a bit more affordable, is going to be really important this year.”
Recent figures from CGA showed Spanish lager has increased in popularity, having grown 73% in the premium and mainstream lager category as of February this year, with one in five lagers served in the UK on-trade now Spanish.
“UK life can feel quite
...More info on site
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Barley News
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World: Barley crop, trade forecasts increased in USDA’s April report
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Global barley trade is forecast to reach 30.316 mln tonnes in 2022/23, up from the March forecast of 29.916 mln and higher than the
...More info on site
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World: Barley crop forecast unchanged at 147.1 mln tonnes
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The world barley supply and demand situation remains mostly unchanged, as well as the forecast for crop 2023 at 147.1 mln tonnes, RMI Analytics
...More info on site
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EU & UK: Barley crop situation remains favourable across Europe
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Wet conditions have prevailed across much of Europe in late March and supporting soil moisture conditions in all regions except Spain, RMI Analytics reported
...More info on site
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Australia & China: Australia and China reach agreement to resolve barley imports dispute
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Australia has reached an agreement with China to resolve their dispute over barley imports, the two countries said on April 11, a latest sign
...More info on site
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North America: US barley plantings expected to drop by 1%, Canadian slightly up
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Heavy rains across the US Midwest are impacting corn and soybean planting but are at the same time not providing moisture relief to the
...More info on site
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