Now every sip will be heavy! Enjoying chilled beer will be expensive due to Iran war, know how
The chilled beer which earlier used to provide relief in summers, can now become a burden on your pocket. Increasing tensions in West Asia and iran The situation related to this has shaken the supply chain. The impact is so profound that the cost of making beer, bottling it and delivering it to the shop is increasing rapidly. The question is, what happened that every sip is going to be expensive?
In fact, interruption in gas supply, shortage of glass bottles and aluminum cans, and increase in transport costs, all these together are putting pressure on the beer industry. Companies are now preparing to increase the prices, due to which the prices of beer at bars and shops may increase in the coming days. This means that the coming times may prove to be a bit bitter for beer lovers.
Packaging costs increased due to gas crisis
India imports a large part of its natural gas from Qatar. But due to increasing tension in the area the supply is being affected. This has had a direct impact on glass bottles and other packaging materials.
- The price of glass bottles has increased by about 20%.
- The price of cartons has almost doubled.
- Even small things like labels and tape have become expensive.
- Due to all these reasons the costs of beer companies are increasing rapidly.
Beer companies preparing to increase prices
The Brewers Association of India has indicated that beer prices may increase by 12–15%. Companies will have to go to different states and get approval to increase the price.
- According to experts, the beer industry is most affected by oil and gas prices.
- More energy is spent in production.
- Cost of storage and refrigeration increases.
- Transport becomes expensive.
- Due to all these reasons, an increase in prices may be seen soon.
IMFL and other liquor may also become expensive
Not only beer, but Indian Made Foreign Liquor (IMFL) is also being affected. Industry organizations have demanded state governments to increase the prices, as both raw materials and logistics have become expensive.
Bottled water also becomes expensive
The impact of the war is not limited to the alcohol industry alone. The prices of bottled water have also seen an increase of about 11%. The main reasons behind this are:
- Increased cost of making plastic bottles and caps.
- Rise in crude oil prices.
- Disruption in supply chain.
- Companies like Bisleri and Coca-Cola have also increased their prices due to rising costs.
What will happen next?
Experts believe that if the situation in West Asia does not improve soon, then more things may become expensive in the future. Especially those things which involve high cost of packaging, energy and transportation. Overall, the impact of the ongoing conflict at the international level is now visible on India’s daily expenses. From beer to water, the prices of many things may increase, due to which common people may have to bear more burden.
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