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Sachet water prices to hit ¢8 per bag over fuel price hikes and cedi depreciation

Water sachets The National Association of Sachet and Packaged Water Producers (NASPAWAP) has announced another increase in sachet and bottled water pricing.

According to the Association, from Friday, April 1, a bag of sachet water, 500ml by 30pcs, will be offered from retail trucks for a maximum of 6. Mini-marts, on the other hand, will sell the product for a maximum of 8 per bag.

Iced sachet water will cost 0.40p, while 500ml bottled water will cost 2 cedis. Iced bottled water in 750ml or medium size will be 2.50 beginning Friday. The 1.5L or big bottled water will be priced at 3.50.

In a statement released on Tuesday, NASPAWAP President Magnus Nunoo attributed the pricing adjustments to gasoline price increases and cedi devaluation.

The price increases were forced by increased input costs, such as fuel and packaging materials, which are mostly imported and manufactured from petroleum sources.

In our previous analysis, the dollar's exchange rate was at 6.50. It is currently creeping up to $8.50. Fuel, which is a key expense of delivering items to market centers, has risen dramatically since our last study. It was 6.50 per litre and is currently above 11 per litre, representing a 69.2 percent increase since January 1, 2022, when the original pricing was established.

The National Executive Committee (NEC) wishes to again implore the government and its agencies to reconsider many fees and taxes imposed on the packaged water industry in order to help reduce the financial burden and save the industry while also protecting jobs for youths throughout the value chain from production to consumption of packaged water.

Also taking into account the bottled water industry's substantial influence on reducing water-borne illnesses and reaching the SDG water targets.

Signed

(Director of Corporate Affairs – NASPAWAP NEC)

Magnus Nunoo, President of NASPAWAP.

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Association National Association of Sachet and Packaged

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