date:Dec 23, 2022
production costs.
[We expect] an increase in our input costs in the high-teens per hectolitre and significantly higher energy costs, particularly in Europe, says Heineken in its December Capital Markets Event.
Inflation beyond all dimensions
According to the German Brewers Association, beer makers are facing 100% higher costs for brewing malt, 100% higher prices for pallets, 80% more for glass, and 70% increases in crown corks.
Furthermore, those that rely on CO2 purchasing to keep oxygen