The prices of different beverages have increased by 30 per cent over the last three months in retail markets in the country.
Due to hike in sugar price from Tk 34 to Tk 52 per kg the prices of beverages have increased over the last three months, according to market sources.
The price of two-litre Seven Up has increased to Tk 65 which was sold between Tk 45 and Tk 50 two months back, price of a Coca Cola can weighing one litre has increased to Tk 40 against Tk 30 previously.
The price of Royal Crown Cola (RC Cola) weighing two litres has increased to Tk 60 against the earlier price of Tk 50 and the smaller one containing one litre was sold at Tk 30 and now it is selling at Tk 35.
A small can of Virgin containing 250 milligrammes was sold at Tk 15 two months back but now it is selling at Tk 18, Sprite containing one litre was sold at Tk 35 but the current retail price is Tk 40, Sprite small bottle containing 250 milligrammes was sold at Tk 10 but now it is at Tk 12.
A small pack Starship Juice was sold at Tk 10 a few days back and now it is selling at Tk 12, a Sezan Juice pack is now priced at Tk 16 against Tk 15 of last week.
But the price of Acme Juice has remained unchanged at Tk 12 each small pack and the Acme Premium is being sold at Tk 18.
The prices of canned and bottled beverages are a little bit higher than the packed ones. When a small can of RC weighing 250 milligrammes is sold at Tk 15, one litre RC is selling at Tk 35 and the same is applicable to different types of juices and cold drinks.
However, the demand for different beverages has also increased in the international market.
Crown company, the US can maker, revealed last month that its Crown Beverage Cans Saigon subsidiary had received government approval to install a second aluminum can line at the plant, to be launched in the fourth quarter of 2006.
The line will have an annual production capacity of 460 million 33cl beverage cans and 25cl slim cans, bringing the total annual output from the facility to more than 1 billion cans.
The major food producer San Miguel has also seen strong demand from at its packaging operations, reporting double-digit growth.
More than 200 new beverages launched in the Vietnamese market in the first 10 months of 2005, nearly double that of 2004, according to a survey conducted by Asia Panel TNS Vietnam. It also revealed that consumers were increasingly looking for quality and convenient products.