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Beer prices are rising across the world E-mail
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Written by DJ Spiess   
Saturday, 19 January 2008


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If you haven't noticed, beer is getting more expensive.  Unfortunately the rising beer prices are happening all over the world and it looks like it will continue to get worse.

Beer costs are rising for a variety of reasons.  Barley crops are lower in many countries, hops are becoming scarce for a variety of reasons, and with rising fuel costs it is getting more expensive to transport these ingredients to the brewery and eventually to you the customer.  These factors all contribute to a 5 to 20 percent rise in beer prices.  

In the UK pint prices are expected to exceed £4.  The British Beer and Pub Association said that "There are areas and types of pub around the country where we will not be surprised to see the £4 pint."  In the United States, beer prices have slowly been rising as well.  Beer drinkers in the United States are expecting to pay $2 to $4 more for a six pack by the end of the year.

Beer prices are rising around the world.
Beer prices are rising around the world.
 

Even places as far as South Africa are affected.  Figures for South African Breweries (SAB) showed lager volumes were down by 0.4 percent during the third quarter.   SABMiller said reported a 7 percent growth in China, but that growth was much lower than previous quarters.  India was an outlier with 20 percent growth.  China and India are not typical because these are emerging markets.

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