Business & Finance

Increase In Prices Of Packaged Water Takes Effect Today

The revised prices of bottled and sachet water took effect today, April 1, 2022, after the National Executive Committee (NEC) of the National Association of Sachet and Packaged Water Producers (NASPAWAP) announced it was going to raise prices.

The increase in prices of packaged water was attributed to the rising cost of inputs, such as fuel and packaging materials which are mainly imported and produced from petroleum sources.

“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”, a statement signed by President of NASPAWAP, Magnus Nunoo proffered.

The new prices are to be implemented across the country, the association said and noted that “there might be slight variations in prices across the regions due to haulage to remote and distant areas”.

The group also implored the government to review the “many” fees and taxes on the packaged water industry to help reduce the financial burden as a means of saving the industry and protecting jobs for the youths along the value chain from production to consumption of the packaged water”.

Source: Fuseini

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