Brewers' fear for 2011: sudden consumption decline, driving market to 1999 level
The beer market will continue to decline next year, though at a slower pace, as purchasing power will stay low and the price of commodities will rise, estimates Constantin Bratu, general manager of Romanian Brewers' Association. The association is made up of Bergenbier, Heineken Romania, Romaqua Group, United Romanian Brewers Bereprod and Ursus Breweries, weighing together 90% in domestic beer sales.
"As regards beer consumption, Romania has gone back to the 2006
level, with the threat of going further down. The most serious and
we hope impossible scenario we could imagine would be a sudden
fall, also brought about by excessive taxation, which would drive
the market back to 1999," Constantin Bratu told ZF.
According to previous information provided by the Association, beer
sales last year dropped by 13% from 2008, to 17.6 million
hectolitres. This year, the beer market will decline by 8-10%,
beyond the Association's initial estimates, which pointed to a flat
level from 2009.