Pocari Sweat and OranC to Increase Prices... Dong-A Otsuka Raises Product Prices by an Average of 8.6%

All products of Dong-A Otsuka Pocari Sweat. Photo by Dong-A Otsuka

[Asia Economy Reporter Song Seung-yoon] Dong-A Otsuka announced on the 24th that it will raise the prices of beverage products including Pocari Sweat by an average of 8.6% starting from the 1st of next month.

The price of Pocari Sweat products will increase by an average of 7.25%. Based on convenience store prices, the 245ml can will rise from 1,500 won to 1,600 won, and the 620ml from 2,400 won to 2,500 won, each increasing by 100 won. The 340ml will go up from 1,600 won to 1,800 won, and the 1.5ℓ from 3,600 won to 3,800 won, each increasing by 200 won.

The zero-calorie Narangd Cider 245ml can will increase from 1,200 won to 1,400 won for the first time in nine years since 2014. OranC also decided to raise prices for the first time in five years since 2018. For the 245ml can, the price will increase from 1,200 won to 1,400 won, and the 350ml can from 1,400 won to 1,700 won. The 1.5ℓ OranC will maintain its existing price of 3,000 won.

In addition, the four types of Demisoda (Apple, Lemon, Peach, Green Grape) will increase by an average of 6.7%, rising from 1,500 won to 1,600 won by 100 won each, and Oronamin C rose by 200 won from 1,200 won to 1,400 won.

A Dong-A Otsuka official explained, "Due to the rise in various international raw material prices and the impact of a strong dollar causing severe foreign exchange losses, the cost burden has increased. We were also affected by rising labor costs due to minimum wage increases and increased logistics costs due to rising oil prices." He added, "Compared to this year's plan, prices of raw materials such as sugar and fructose surged by about 35%, and materials like cans and PET bottles rose by about 13%, making it unavoidable to decide on a price increase."

This content was produced with the assistance of AI translation services.