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E-Malt.com Flash 06b
February 06 - February 09, 2025
Quote of the Week
If you aren't fired with enthusiasm, you will be fired with enthusiasm.
Vince Lombardi
Currency Rates
Base Currency: Euro
on February 07, 2025 |
Base Currency: US Dollar
on February 07, 2025 |
| |
1 EUR = 1.0379 USD
1 EUR = 0.8338 GBP
1 EUR = 1.4874 CAD
1 EUR = 1.6546 AUD
1 EUR = 157.8550 JPY
1 EUR = 6.0081 BRL
1 EUR = 100.8630 RUB
1 EUR = 7.5616 CNY
|
|
1 USD = 0.9634 EUR
1 USD = 0.8033 GBP
1 USD = 1.4331 CAD
1 USD = 1.5940 AUD
1 USD = 152.0830 JPY
1 USD = 5.7888 BRL
1 USD = 97.1809 RUB
1 USD = 7.2856 CNY
|
Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| February 07, 2025 |
French Barley/Malt
Crop 2024
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
234.00-236.00 |  0.42% |
| 6RW Malting Barley (FOB Creil) |
223.00-225.00 |  |
Feed Barley (FOB Creil) |
210.00-212.00 | |
| 2RS Malt (FOB Antwerp) |
579.00-581.00 | 0.21% |
| 6RW Malt (FOB Antwerp) |
565.50-567.50 | |
French Barley/Malt
Crop 2025
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
253.00-255.00 |  0.79% |
| 6RW Malting Barley (FOB Creil) |
239.00-241.00 | |
Feed Barley (FOB Creil) |
205.00-207.00 | |
| 2RS Malt (FOB Antwerp) |
600.00-602.00 | 0.41% |
| 6RW Malt (FOB Antwerp) |
583.00-585.00 | |
German Malting Barley
Crop 2023
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
215.50-217.50 | 1.16% |
 No change;
 Price increase;
 Price decrease versus last publication.
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Click here to see our Market Prices History.
World: Carlsberg reports 6% growth in 2024 operating profit, forecasts higher than anticipated growth this year
...Click here
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USA: Beer remains leader of on-premise sales in the US
...Click here
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Vietnam: Vietnam beer market valued at USD 3.45 bln in 2024
...Click here
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Russia & Denmark: Carlsberg returns to profit thanks in part to sale of Russian subsidiary
...Click here
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UK: Non-alcoholic beer could reach 40% of the UK market in a decade
...Click here
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World: Export sluggishness weighing on barley prices
...Click here
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EU & UK: Malting barley prices lower for crop 2024 amid US tariff-related volatility
...Click here
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World: Pernod Ricard reports decline in sales amid trade tensions
...Click here
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USA: Beer Purchasers’ Index shows the highest January reading since 2021
...Click here
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Cyprus: Beer sales up 6.3% in January but exports drop to zero
...Click here
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UK: Guinness accused of imposing unfair price rises
...Click here
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Ireland: Heineken to increase price of its draught products in Ireland
...Click here
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USA: Asahi names new Managing Director of Asahi Beer USA and Octopi Brewing
...Click here
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India: Allied Blenders & Distillers confirms purchase of Fullarton Distilleries
...Click here
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Graph of the week
Table of the week
UK Unroasted Malt Exports 1995 - 2024*
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
06 February
1953 - US controls on wages & some consumer goods were lifted
1964 - France & Great-Britain sign accord over building channel tunnel
1974 - Dutch speed limit set at 100 km due to oil crisis
07 February
1639 - Academie Francaise begins Dictionary of French Language
1804 - John Deere is born, pioneer manufacturer of agricultural implements
1935 - Monopoly, board game invented by Charles Darrow symbol Rich Uncle Pennybags
08 February
1883 - Louis Waterman begins experiments to invents fountain pen
1926 - Walt Disney Studios forms
1971 - NASDAQ market opens for stock trading, as the National Association of Securities Dealers Automated Quotation system first displays the median price for more than 2,500 "over-the-counter" securities
09 February
1585 - The Frankfurt Stock Exchange is established
1955 - US federations of trade unions merge into AFL/CIO
1969 - World's largest airplane, Boeing 747, makes 1st commercial flight
Agenda
February 2025:
06 - 07: Glug Swiss 2025 (Alte Reithalle, Aarau, Switzerland)
07 - 10: HoReCa 2025 (Athens, Greece)
12 - 15: Great British Beer Festival Winter 2025 (Magna Science Adventure Centre, Rotherham, UK)
16 - 18: BBTech Expo 2025 (Rimini, Italy)
21 - 23: Finest Spirits 2025 (Munich, Germany)
24 - 24: Beer Experience 2025 (Antwerp, Belgium)
March 2025:
03 - 07: IBD Asia Pacific Convention 2025 (Hobart, Tasmania)
12 - 15: Festival Brasileiro da Cerveja 2025 (Blumenau, Brazil)
19 - 20: BeerX 2025 (Liverpool, UK)
21 - 23: St Malo Craft Beer Expo 2025 (St Malo, France)
25 - 27: Expo Antad & Alimentaria Mexico 2025 (Expo Guadalajara, Jalisco, Mexico)
25 - 27: 109th International Brewing & Engineering Congress 2025 (Kulmbach, Germany)
April 2025:
03 - 05: Warsaw Beer Festival 2025 (Warsaw, Poland)
06 - 08: Planete Biere 2025 (Paris, France)
06 - 09: 15th International Trends in Brewing 'Beer & Society' 2025 (Leuven, Belgium)
10 - 12: KIBEX 2025 (Seoul, South Korea)
11 - 12: InnBrew 2025 (Barcelona, Spain)
11 - 13: Barcelona Beer Festival 2025 (Barcelona, Spain)
15 - 17: Craft Beer China 2025 (Shanghai, China)
28 - 01 May: Craft Brewers Conference & BrewExpo America 2025 (Indianapolis, USA)
28 - 30: 27th Annual International Beer Strategies 2025 (Prague, the Czech Republic)
May 2025:
01 - 01: World Beer Cup 2025 (Indiana Convention Center, Indianapolis, IN, USA)
06 - 06: The Melbourne Royal Australian International Beer Awards 2025 (Melbourne, Australia)
08 - 11: Wiener Bierfest 2025 (Vienna, Austria)
12 - 13: European Malt Supply Summit 2025 (https://rmi-analytics.com/event/european-regional-summit-paris-2025/)
13 - 15: International Beer Strategies Conference 2025 (Prague, the Czech Republic)
16 - 18: Cerveza Mexico Expo 2025 (Expo Guadalajara, Jalisco, Mexico)
16 - 17: Copenhagen Beer Festival 2025 (Copenhagen, Denmark)
18 - 20: EBC Symposium 2025 (Budapest, Hungary)
26 - 01 June: Budapest Beer Week 2025 (Budapest, Hungary)
June 2025:
10 - 11: IGC Grains Conference 2025 (116 Pall Mall, London, UK)
13 - 14: Tallinn Craft Beer Weekend 2025 (Tallinn, Estonia)
16 - 18: VLB Africa Brewing Conference 2025 (Maputo, Mosambique)
20 - 22: Mondial de la Biere 2025 (Montreal, Canada)
July 2025:
03 - 04: The CIBD Sustainability in Brewing Conference 2025 (Nottingham, UK)
18 - 19: London Craft Beer Festival 2025 (London, UK)
August 2025:
05 - 09: Great British Beer Festival 2025 (Birmingham, UK)
07 - 09: VIETFOOD & BEVERAGE - PROPACK VIETNAM 2025 (Saigon Exhibitions and Conventions Center, 799 Nguyen Van Linh Street, District 7, HoChiMinh City, Vietnam)
13 - 15: Brewing Summit 2025 (Palm Desert, CA, USA)
22 - 23: Beervana 2025 (Wellington, New Zealand)
September 2025:
04 - 06: Stockholm Beer & Whisky Festival 2025 (Stockholm, Sweden)
13 - 14: Bruges Beer Festival 2025 (Bruges, Belgium)
15 - 19: Drinktec 2025 (Munich, Germany)
20 - 05 October: Oktoberfest 2025 (Munich, Germany)
27 - 29: Whisky Live Paris 2025 (Paris, France)
October 2025:
09 - 11: The Great American Beer Festival 2025 (Denver, USA)
16 - 17: Brew Asia 2025 (Bangkok, Thailand)
November 2025:
04 - 06: Brussels Beer Challenge 2025 (Belgium)
10 - 12: 15th Iberoamerican VLB Symposium Brewing & Filling Technology (Parana, Brasil)
13 - 15: Drink Technology India 2025 (Bombay Exhibition Centre, Mumbai, India)
December 2025:
03 - 05: Drink Japan 2025 (Makuhari Messe, Japan)
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Brewery News
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World: Carlsberg reports 6% growth in 2024 operating profit, forecasts higher than anticipated growth this year
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Carlsberg on February 6 reported annual operating profit growth at the top of its guided range and forecast higher than anticipated growth for 2025,
...More info on site
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USA: Beer remains leader of on-premise sales in the US
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The U.S. on-premise market, where drinks are consumed at bars, restaurants, and nightclubs, is showing intriguing shifts, according to the latest On Premise Measurement
...More info on site
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Vietnam: Vietnam beer market valued at USD 3.45 bln in 2024
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The Vietnam beer market was valued at USD 3.45 billion in 2024, and is expected to reach USD 4.78 billion by 2030, rising at
...More info on site
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UK: Non-alcoholic beer could reach 40% of the UK market in a decade
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Non-alcoholic options could represent 40% of beer sales in a decade, UK specialist Big Drop Brewing Co. suggests, arguing the market is “going in one direction”, Yahoo Finance reported on February 7.
With global beer consumption flat, the world’s major brewers are investing in the growing but still small market for non-alcoholic beer alongside focused businesses such as Big Drop in the UK and Athletic Brewing in the US.
The share of beer sales made up by non-alcoholic brews remains small. Heineken estimates the category accounts for around 1.7% of sales.
According to figures from GlobalData, Just Drinks’ parent, the global market for 0% beer jumped by more than 40% in volume terms (or at a CAGR of more than 7%) from 2018 to 2023, when the data and analytics group estimates 2.39bn litres were sold worldwide.
However, the share of volume sales in the eight largest markets for non-alcoholic beer is forecast to remain relatively stable up to 2029, GlobalData suggests. The company estimates non-alcoholic beer accounted for just under 14.3% of beer volumes in 2024; it forecasts that will rise to a little under 14.6% by 2029.
“People look to Spain and Germany. That’s how it gets pitched. They look to Spain and
...More info on site
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Russia & Denmark: Carlsberg returns to profit thanks in part to sale of Russian subsidiary
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Danish brewer Carlsberg said on February 6 that it returned to profit in 2024 thanks in part to completing the sale of its Russian
...More info on site
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USA: Beer Purchasers’ Index shows the highest January reading since 2021
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The National Beer Wholesalers Association (NBWA) released the Beer Purchasers’ Index (BPI) for January 2025. January’s results show the highest January reading since 2021,
...More info on site
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Cyprus: Beer sales up 6.3% in January but exports drop to zero
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Cyprus beer sales rose 6.3% year-on-year to 1.82 million litres in January 2025, the country’s statistical service said on February 6.
The increase was driven entirely by domestic market growth, which saw deliveries surge 13.6% compared to January 2024.
However, exports dropped to zero, marking a complete halt in international shipments. This represents a dramatic shift from December 2024, when exports had surged by 82%, following months of volatile export performance.
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UK: Guinness accused of imposing unfair price rises
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Guinness has been accused of imposing unfair price rises on pubs as demand from drinkers soars, Yahoo Finance reported on February 7.
Publicans said they were struggling to make a profit from selling Britain’s best-selling beer owing to consecutive price increases handed down by its maker, the drinks giant Diageo, which also supplies Johnnie Walker and Smirnoff.
At the same time, they allege they have been left struggling to get hold of branded glasses to sell the beer in.
Anthony Pender, founder of pub and restaurant group Yummy Collection, said the price he was being charged for a keg of Guinness had risen by around 37pc – or £81 – since the end of the pandemic.
He said: “My keg of Guinness now is £248 for 88 pints. It’s our worst GP (gross profit) item on the bar. It’s just denting our margins when we need decent margins to pay staff. They’re flogging the golden goose, in a way, by just radically increasing their pricing and killing our margins.”
Pauline Forster, owner of The George Tavern in London said: “They put the prices up all the time with no explanation, there is nobody to ring up and you can’t even get a reply on the
...More info on site
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Ireland: Heineken to increase price of its draught products in Ireland
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Heineken has announced that it will increase the price of its draught products in Ireland later this month, by adding around 6 cents to the price of a pint, Drinks Industry Ireland reported on February 7.
The planned price hike will be applied to all of the company’s draught products in Ireland, which includes Heineken, Coors, Birra Moretti, Murphy’s, Foster’s and Beamish.
The 2.8% price increase across the product range will be applied from February 24. It will see the price of a pint rise by approximately 6 cent.
According to a Heinken spokesman, “As a business we continue to focus on opportunities to reduce costs. However, even with these efforts, our business continues to experience cost price increases that are required to sustain our support and investment in the on-trade market.
“As a result, there will be a planned price increase of 2.8% across our draught product range, effective from the 24th February 2025.”
It follows a move by Diageo, who notified publicans last month that the price of a pint is to increase yet again. This will be the fourth price rise in two years.
The price of Diageo’s range of draught products including Guinness, Harp, Smithwicks and Hophouse 13 rose by six cent
...More info on site
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USA: Asahi names new Managing Director of Asahi Beer USA and Octopi Brewing
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Paul Verdu has been appointed as Managing Director of Asahi Beer USA, Inc. (AB USA) and Octopi Brewing, LLC (Octopi), both part of Asahi Europe & International, to lead the company's ambitious growth plans, the Morning Star reported on February 6.
AB USA markets Asahi Super Dry, the No. 1 Japanese Beer Brand Globally*, and Twisted Shotz, the U.S.' No.1 drink of choice in the Prepared Cocktail category Cocktails Shooters subcategory**. Paul will hold overall responsibility for the combined business strategy and delivery from sales through to supply chain, as the companies continue to integrate into one organization.
Octopi was acquired in January 2024 as part of the Asahi Group's plans for growth in the United States. The Waunakee, WI, facility will produce super premium beer brands from Asahi's global portfolio including Asahi Super Dry and Kozel for the US, as well as other beverages in the Ready-to-Drink category, in addition to serving its existing contract manufacturing customer base. The site, which employed 241 people before the acquisition has since seen a 5.4% headcount growth.
Paul has extensive experience in the beer industry, having worked for Molson Coors, SABMiller, Constellation Brands Beer Division and most recently as President of Wisconsin Brewing
...More info on site
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Barley News
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World: Export sluggishness weighing on barley prices
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The continued sluggishness in barley exports, malting barley mainly, is weighing on prices, RMI Analytics said in their latest report.
In a market mostly
...More info on site
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EU & UK: Malting barley prices lower for crop 2024 amid US tariff-related volatility
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In France, it has been a very volatile week, as the US tariff situation pushed grain futures higher, but futures immediately retraced when the
...More info on site
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Australia: Barley exports down 26.3% in 2024
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In 2024, approximately 6.1 mln tonnes of barley were exported from Australia; dropping by -26.3% on 2023 figures, IndexBox reported.
In general, the nation’s
...More info on site
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Whisky News
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World: Pernod Ricard reports decline in sales amid trade tensions
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Just a week before it was due to announce its half-year results to the end of December, Pernod Ricard has taken the unusual step
...More info on site
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India: Allied Blenders & Distillers confirms purchase of Fullarton Distilleries
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India-based Allied Blenders & Distillers (ABD) has confirmed its purchase of Fullarton Distilleries for an undisclosed fee, Global Drinks Intel reported on February 6.
The deal sees ABD, which claims to be India’s third biggest spirits company, gain control of brands including Woodburns Contemporary Indian Whisky, Pumori Small Batch Gin and Segredo Aldeia Rum. ABD said it is “strategically positioning itself to meet the evolving demands of India’s super-premium and luxury spirits consumers”.
Based in the western state of Goa, Fullarton’s Woodburns brand is currently available in six unspecified states and union territories, with “expansion plans underway for other major markets”, according to ABD. Pumori and Segredo Aldeia are present in the on-premise channel “in key markets such as Maharashtra and Goa”.
“We recognise that the luxury segment is where we have a right to win, where we can truly add value,” said ABD’s MD, Alok Gupta. “Acquiring these brands is a natural next step in our premiumisation strategy.
“This isn’t just an acquisition; it demonstrates our deep understanding of where we can create the most value.”
Headquartered in Mumbai, ABD produces whisky brands Officer’s Choice and Sterling Reserve brands. The group launched an initial public offering last year.
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