Breaking news

Decline in Beer Consumption in Germany: Non-Alcoholic Varieties On The Rise

Beer consumption in Germany is set to decline further in 2024, continuing a long-term downward trend in the country renowned for its beer culture, according to the German Brewers Association, as reported by DPA.

Key Facts:

  • Final sales figures for 2024 are anticipated to be weaker than 2023, which saw the lowest beer sales volume in decades, with only 8.4 billion liters sold.
  • In November 2024, beer consumption fell by 2.1% compared to the same period the previous year, though December’s data has not yet been gathered.
  • Christian Weber, President of the Brewers Association, pointed to factors such as bad weather, inflation, and fluctuations in consumer spending as contributing to the decline in beer sales.

What To Follow 

Amid this decline, many of the approximately 1,500 breweries in Germany are pinning their hopes on non-alcoholic beer varieties to counteract the drop in traditional beer sales.

In 2023, Germans consumed approximately 670 million liters of non-alcoholic beer, with this category accounting for 8.9% of the total beer market by the end of 2024, according to Nielsen data cited by the Brewers Association. Non-alcoholic beer has thus become the third most popular beer type in Germany, after pilsner and lager (helles). This shift toward non-alcoholic options is partly driven by a broader trend toward healthier lifestyles.

The aging population is another contributing factor, with fewer people consuming beer overall, further impacting per capita beer consumption.

Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

The Future Forbes Realty Global Properties
eCredo
Uol
Aretilaw firm

Become a Speaker

Become a Speaker

Become a Partner

Subscribe for our weekly newsletter