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The price of beer has considerably increased
Beer highs
By Tedla Yeneakal
Capital

Addis Ababa, Ethiopia The price of beer has considerably increased; after the dominant beer producer BGI Ethiopia raised its prices. According to officials of the company the measure was taken after the price of raw materials for the manufacture of beer rose considerably.
Accordingly, draft beer from BGI of 30 liters, increased from the previous 121.60 birr to 135 birr, whereas bottled beers of brands. St. George and Bati cost 60 birr a crate, up from the previous 53 birr. A crate of the Castle brand now costs 74 birr, increasing from the earlier amount of 66 birr.
Surafel Alene, Sales Manager of BGI Ethiopia, told Capital that a substantial increase in raw materials for beer production forced the company to increase the market price of beer.
“We have seen an increase of raw materials up to 30%,” Surafel said. “Price of diesel and other increases in inputs forced us to increase the price.”
In some regions of the country, Harar and Bedele beers have also raised prices but Meta and Dashen have not yet made any adjustments to prices.
“Of course it would affect our revenue for a while but we are certain that it will adjust in the future,” the sales manager said.
BGI Ethiopia’s brands include Bati, Saint George and the export standard Castel.
Since its acquisition, BGI has refurbished the old Saint George plant in Addis Ababa, and is now undertaking a huge expansion project, investing USD 25 million to turn the existing draft beer plant into a bottle plant as well. This project, expected to be completed in three months time, is said to boost BGI’s beer production to 750,000 Hectoliters from the present 650,000, ensuring BGI is the leading beer producer in the country, according to company sources.
There are five breweries in the country, namely Meta Abo, Harrar, Bedele, BGI Ethiopia and Dashen.
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