China’s beer makers have fared better than some of their overseas counterparts in the domestic market, seeing their outputs and revenue both increase, however the sector is still a slowdown, reports the Chinese-language Beijing Times. A recent survey by the China Alcoholic Drinks Association revealed that domestic beer makers in China produced a record-breaking amount of beer last year, reaching 50 million liters, of which Snow Beer, a joint venture between SABMiller and China Resources Enterprises, contributed over 10 million liters…Full Article: WantChinaTimes May 2014
- From 2012 to 2013, China’s beer market revenue increased 9.27% to CNY 181.4 billion (US$29.1 billion)
- From 2007 to 2012, mainland China beer imports increased from 21.7 million liters to 110.6 million liters (+408%), with equivalent values rising from US$27.3 million to US$144 million (+428%). Germany was the top supplier and saw its import market share (by volume) jump from 34% to 60% over the same time period. From 2007 to 2010, Mexico was the second largest beer supplier, but was overtaken by South Korea in 2011. As of 2012, Mexico accounted for 5% of China’s beer imports while South Korea accounted for 9% of imports.