Agriculture & Food

According to customs data, from January to December 2022, beer production of enterprises above designated size in China reached 35.687 million kiloliters, up 1.1% year on year. According to customs data, in December 2022, beer production of enterprises above designated size in China was 2.543 million kiloliters, up 8.5% year on year.

According to customs data, from January to December 2022, China imported 482100 kiloliters of beer, down 8.1% year on year; The amount was 4.343 billion yuan, down 5.3% year on year. According to customs data, the total export of beer during the same period was 479600 kiloliters, up 13.1% year on year; The amount was 2.186 billion yuan, up 21.3% year on year.

The head enterprises show strong profitability. According to customs data, Yanjing Beer is expected to achieve a net profit attributable to the parent company of 345 million to 370 million yuan in 2022, with a year-on-year increase of 51.31% to 62.27%; Non-net profit deducted was 268 million to 293 million yuan, an increase of 56.25% to 70.83% year on year.

As for the reasons for performance growth, Yanjing Beer said that it was mainly affected by the launch of Yanjing Fresh Beer 2022, Yanjing U8 plus, Yanjing S12 Pearson, Yanjing Lion King Fine Brewing Series, the richer matrix of high-end products, and the increase of Yanjing U8 sales.

In order to continue to lay out the strategy of upgrading high-end beer, many beer enterprises are actively expanding high-end beer production capacity. The newly built 400000 kiloliter beer factory project of China Resources was officially started in Xiamen a few days ago. After the project is put into operation, it will produce Heineken brand bottled, canned, barreled and other specifications of beer. Heineken Beer is one of the high-end beer brands of China Resources; Yanjing Brewery Headquarter Brewing Center has been completed and put into operation in 2022, and can produce 20000 tons of refined beer annually in the future; Budweiser Putian Brewery also completed delivery in 2022, with an annual output of 10000 tons of craft beer.