With high beer consumption, glass bottles are lacking in the beverage industry | Economy THE PEOPLE

With high beer consumption, glass bottles are lacking in the beverage industry | Economy THE PEOPLE
With high beer consumption, glass bottles are lacking in the beverage industry | Economy THE PEOPLE

Sales and consumption of beverages increased in the pandemic (Photo: disclosure)

With the high consumption of beer in the pandemic, missing glass bottles for the beverage industries. The scenario has been going on since the end of last year and is being repeated at the beginning of 2021. This is what the Credit Suisse report, signed by Marcella Recchia and Henrique Rocha, points out, who talked to a major glass bottle supplier for the Brazilian market.

It turns out that the situation should remain until 2023, only when the production of the product should normalize, concludes the report. The industry is expected to add between 8% and 10% capacity by then, which should be more than enough to normalize current restrictions.

And since the end of 2020 until now, even with the supposed deceleration of beer consumption in February, driven by the reduction of government subsidies, family income and higher price of the drink, the industry has not been able to build stocks of glass bottles .

However, the intensity of the impacts should be lower than last year, due to the increase in production capacity in 2020, from 6% to 7%. In addition, the analysis shows that imports have been an alternative for the beer industry.

According to the report, the Ambev, however, it was not impacted by the scarcity of bottles, due to its verticalization, with its own manufacture of cans and bottles. In addition to 44% of the glass bottles being supplied internally (data from 2020), the company has solid contracts with major suppliers.

It is not the case of Heineken and Petrópolis, which were the most affected. According to the study, while Heineken partially solved the problem by importing 25% to 30% of bottles last year at prices 40% higher than those practiced on the domestic market, the Petropolis diverted production to aluminum cans.

In view of the restrictions, the report stresses, therefore, that companies have turned to more profitable brands, segments and packaging sizes, to the detriment of low margin and less demanded ones.

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