The National Executive Committee (NEC) of the National Association of Sachet and Packaged Water Producers (NASPAWAP) has recommended to all its members review upward the prices of their products.
In a press release signed by the National President, Magnus Nunoo, the Association announced that iced sachet water remains unchanged at 40pesewas, while 500ml bottled water, previously sold at GHC1.50 will now be sold at GHC2.00.
It added that iced bottled water, 750ml or medium size, be retailed at 2.50 ghc and 1.5L bottled water also be sold at 3.50 ghc.
The new prices will take effect from Friday, April 01, 2022.
“A bag of sachet water, 500ml by 30pcs, will now sell at 6.00 ghc maximum from the retail trucks. Mini shops will now retail a bag of sachet at 8.00 ghc per bag maximum,” parts of the statement read.
The price review, they explained, has been necessitated by the rising cost of inputs including fuel, vehicle spare parts and packaging materials, which are mainly imported and produced from petroleum sources.
Below is the full statement
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 ghc, and iced bottled water, 750ml or medium size, be retailed at 2.50 ghc and 1.5L bottled water 3.50 ghc.
Iced sachet water remains unchanged at 40p.
A bag of sachet water, 500ml by 30pcs, will now sell at 6.00 ghc maximum from the retail trucks. Mini shops will now retail a bag of sachet at 8.00 ghc 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 ghc. Currently, it is inching up to 8.50 ghc. 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 ghc per liter and now it is above 11 ghc per liter, which is averaging 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 to the eradication of waterborne diseases and the achievement of the SDG goals on water.
Signed
(Director of Corporate Affairs – NEC of NASPAWAP)
+233 24 814 5549 President- NASPAWAP, Mr. Magnus Nunoo
