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Sachet water sells at 40 pesewas, a bag goes for ¢8.00 effective today

Sachet water price has increased from today, April 1.

A water sachet will be selling at 40 pesewas, while the 500ml bottled water will be retailed at ¢2. 00. Iced bottled water of 750ml or medium size will be sold at ¢2.50.

A bag of sachet water will be sold at GHS 8.00 in shops. The bag of sachet water consisting of 30 pieces of water bagged at 500 ml has seen almost a 100%  increment within the first three months of 2022. The commodity was sold at GHS 4.00 from retailers in January this year.

According to the National Association of Sachet and Packaged Water Producers (NASPAWAP), the decision was necessitated as a result of “the rising cost of inputs, such as fuel and packaging materials which are mainly imported and produced from petroleum sources.”

In a press release, the President of NASPAWAP, Mr. Magnus Nunoo, indicated that the decision to adjust the cost of their products was taken by the National Executive Committee (NEC) of NASPAWAP.

The Association also blamed the development on the depreciation of the cedi against major trading currencies.

The Association said the dollar to cedi rate “was in the region of 6.50 GHS” during its previous review, stressing that “Currently it [the dollar] is inching up to 8.50 GHS.”

“Fuel which forms a major cost of distributing the products to the market centers has significantly gone up since our last review. It was 6.50 GHS per liter and now it is above 11 GHS per liter, which is averaging 69.2% change since Jan 1 2022 when the old prices were implemented,” it added.

 

Source: Myxyzonline.com|Ghana

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