Angola will produce 11.8 million hectolitres of beer this year (versus 10.3 million hectolitres in 2013) as two new breweries begin operations, reports the Jornal de Angola newspaper.
The two new units raise to eleven the number of beer breweries in Angola, a market led by France’s Castel group, which has nine production units and a market share of 80 percent.
The numbers show that 10 million hectolitres are needed to supply the domestic market, including imports, which stood at 1.5 million hectolitres before the new customs tariff took force.
The new customs tariff increases duties on imported beer by 50 percent, a measure which lowers imports and protects Angolan industry.
The newspaper also indicates that Angola can reduce imports of alcoholic beverages, soft drinks, waters and juices, with an estimated value of US$613 million per year, by making use of the installed capacity of Angolan industry, estimated at nearly 3 billion litres per year.
The beer industry is one of Angola’s fastest growing sectors. It began rising to prominence in 1994, when several breweries appeared and others resumed production after a period when activity was halted due to equipment deterioration and lack of raw materials. (macauhub/AO)