The National Executive Committee (NEC) of the National Association of Sachet and Packaged Water Producers (NASPAWAP) have reviewed the prices of bottled and sachet water to take effect from Monday, September 19.
This review according to the consultation with stakeholders wishes to recommend the new prices, which serve as a guide to all regional associations and ensures uniformity across the country.
The NEC also noted that there might be slight variations across regions due to haulage to remote and distant areas.
A statement copied to the Business Finder yesterday said, the newly recommended retail price for ice bottled water (500ml) as GH₡2, iced bottled water (750ml) or medium size as GH₡3. The newly recommended price for iced sachet water is 50pesewas.
The statement said a bag of sachet water, 500ml by 30, will now sell at GH₡7 from the retail trucks, adding that mini shops would now retail a bag of sachet at GH₡9.
It explained that the price reviews have been necessitated by rising cost of inputs such as fuel and imported packaging materials, increases in electricity and water tariffs, which took effect from September 1, 2022.
At our previous review in March 2022, the dollar was in the region of GH₡8.5 but currently the dollar is inching up to 10ghc.
Aside these developments, fuel prices have significantly gone up since our last review, noting that it was GH₡9 per litre and now it is GH₡14.5, which is 61% change since March 23, 2022.
The statement said the suggested adjustment is to help producers cover their production costs, urging the consuming public bare with the producers of the sachet and bottled water.
SOURCE: The Finder