The United Kingdom has signed an up to 100 million pounds ($151 million) deal to export barley to China over the next five years, tapping into a fast-growing market for premium beer, a British minister said. China, home to a 486 billion yuan ($76 billion) beer market that is the world’s largest by volume, currently buys about 8 million tons a year of the grain, mainly from Australia, Canada and France…Full Article: China Daily Nov 2015
- According to the British Secretary of State for Environment, Food and Rural Affairs, China will import approximately 150,000 MTs of British barley annually.
- As of early 2015, Huarun Snow Beer Co Ltd, Tsingtao Brewery Co Ltd, Anheuser–Busch InBev (e.g. Budweiser), Beijing Yanjing Brewery, and the Carlsberg Group had an 80% share of the Chinese beer market.
- From 2007 to 2012, mainland China barley imports increased from 913,199 MTs to 2 million MTs (+177%), with equivalent values rising from US$266.8 million to US$781.2 million (+193%). Australia was the dominant supplier, accounting for 82% of China’s imports by volume in 2012. Canada was a secondary supplier and accounted for 12% of imports in 2012.