Sachet water price is expected to increase from today, April 1.
According to the National Association of Sachet and Packaged Water Producers (NASPAWAP), the new price of packaged water is informed by the increasing cost of raw materials and fuel and the cedi’s depreciation.
Barring any hitches, a water sachet will be selling at ¢0.40, while the 500ml bottled water will be retailed at ¢2. From Friday, iced bottled water of 750ml or medium size will be sold at ¢2.50.
A bag of sachet water, 500ml by 30pcs, will be sold at ¢6 maximum from the retail trucks.
Mini shops, however, will retail the commodity at ¢8 per bag maximum. The 1.5L or large bottled water will be sold at ¢3.50.
President of the Asociation, Magnus Nunoo, has explained that most of the inputs and packaging materials which are mainly imported and produced from petroleum sources have seen price hikes.
“At our previous review, the dollar’s exchange rate was in the region of ¢6.50. Currently, it is inching up to ¢8.50. Fuel which forms a major cost of distributing the products to the market centres, has significantly gone up since our last review,” he noted.
He, however, cautioned that there might be slight variations in prices across the regions due to haulage to remote and distant areas.
The president further appealed to government to review the tax policies on packaged water industry to help reduce the financial burden to save the industry.
Read the full statement below:
Press Release on packaged water price review.
The National Executive Committee (NEC) of the National Association of Sachet and Packaged Water Producers (NASPAWAP) in consultation with stakeholders wishes to recommend the following price reviews of bottled and sachet water.
These reviews serve as a guide to all Regional Associations and ensure uniformity across the country.
The NEC also cautions that there might be slight variations in prices across the regions due to haulage to remote and distant areas.
It is recommended that ice bottled water 500ml be retailed at ₵2.00, and iced bottled water, 750ml or medium size, be retailed at ₵2.50 and 1.5L bottled water at ₵3.50.
Iced sachet water remains unchanged at 40p.
A bag of sachet water, 500ml by 30pcs, will now sell at ₵6.00 maximum from the retail trucks. Mini shops will now retail a bag of sachet at ₵8.00 per bag maximum. These new prices take effect from Friday, April 01, 2022.
The price reviews have been necessitated by the rising cost of inputs, such as fuel and packaging materials which are mainly imported and produced from petroleum sources.
In our previous review, the exchange rate of the dollar was in the region of ₵6.50. Currently, it is inching up to ₵8.50. Fuel which forms a major cost of distributing the products to the market centres has significantly gone up since our last review. It was ₵6.50 per litre and now it is above ₵11 per litre, which is averaging a 69.2% change since Jan 1 2022 when the old prices were implemented.
The National Executive Committee (NEC) wishes to again plead with the government and its agencies to take a second look at many fees and taxes on the packaged water industry to help reduce the financial burden to save the industry and protect jobs for the youths along the value chain from production to consumption of the packaged water.
Also considering the significant impact of the packaged water industry on eradicating water-borne diseases and achieving the SDG goals on water.
(Director of Corporate Affairs – NEC of NASPAWAP)
President- NASPAWAP, Magnus Nunoo.
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