In Looking at price increase notifications I have the following.
Malt up 30%
Hops up 8-10%
Packaging Cost up 6-8%
so an average of 16-20% increase per BBl on raw ingredient/packaging cost and that is if you contracted hops and buy in bulk on other products, so far I am not seeing a price increase from breweries to distributors. has anyone moved on price yet? I know as an industry we cannot just eat the cost of goods, but what is the public going to think of paying 9-10 dollars per six pack for beer. and 5 dollars a pint at the local pub, will they tolerate it? or are we going to run ourselves into the ground trying to stay competitive with the big boys. What are your thoughts?
Laughing Dog
Malt up 30%
Hops up 8-10%
Packaging Cost up 6-8%
so an average of 16-20% increase per BBl on raw ingredient/packaging cost and that is if you contracted hops and buy in bulk on other products, so far I am not seeing a price increase from breweries to distributors. has anyone moved on price yet? I know as an industry we cannot just eat the cost of goods, but what is the public going to think of paying 9-10 dollars per six pack for beer. and 5 dollars a pint at the local pub, will they tolerate it? or are we going to run ourselves into the ground trying to stay competitive with the big boys. What are your thoughts?
Laughing Dog
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