The National Executive Committee (NEC) of the National Association of Sachet and Packaged Water Producers (NASPAWAP) has recommended to all its members to review upward the prices of their products.
In a press release signed by the National President, Magnus Nunoo, the Association stated that among other things, sachet water will be sold at 40pesewas, while 500ml bottled water, previously sold at GHC1.00 will now be sold at GHC1.50.
The new prices will take effect from Monday, December 27, 2021.
“It is recommended that the 500ml ice bottled water be retailed at GHC 1.50, and the 750ml or medium size iced bottled water be retailed at 2.00 GHC.
“The 1.5L or large bottled water is to be retailed at GHC 3.50. Iced sachet water will be retailed at 40peswas.”
“A bag of sachet water, 500ml by 30pcs, will now sell at GHC 4.50 from the retail trucks. Mini shops will now retail a bag of sachet at GHC 6 per bag minimum. These reviews take effect from Monday
December 27, 2021.” The statement read.
The Association added that,”the price reviews have been necessitated by rising cost of inputs such as fuel, vehicle spare parts and packaging materials which are mainly imported.
“At our previous review, the Ghana Cedi to the dollar was in the region of GHC 4.50. Currently it is inching up to GHC 6.50. Fuel prices have also significantly gone up since our last review.”
The Association also called on “government to engage with all stakeholders to correct this anomaly by 15th January 2022, to help sustain the local water industry and reduce the cost of potable water to Ghanaians.
“Ghana has the highest taxes on locally produced and packaged in the whole world. Imported bottled water on the other hand, is evading and avoiding taxes, thus distorting the market, and causing revenue losses to the state.” the association added.