The biggest impact was the increased cost of grain, which is used to make all our beer. The aftereffects of the pandemic combined with the turmoil in Ukraine forced our grain suppliers to notify us of 4X rate hikes and added surcharges in 2022 – making the average cost of our grain order 29% higher than 2021.
Although not as dramatic, we also saw increases in cost of yeast. We were fortunate enough to secure our hops prices when we contracted future purchases a few years back - so that cost is stabilized. Even our swag and glassware went up in 2022 with the cost of raw materials and delivery. Even as I write this, I just received notification that our chemical supplier is increasing rates 6% for 2023 – our 3rd notification this year. And I won’t even start to explain what our kitchen partner, Best of Both Worlds experienced on the food side.