Cost of Ammunition Set To Rise Higher

by JimT, Texas, Wednesday, December 13, 2023, 16:58 (347 days ago)

This was posted by Gary Reeder today.

According to Vista Outdoor, “an anticipated global shortage of gunpowder” has created a need for increased ammunition prices. The Minnesota-based firm’s corporate overview boasts “41 renowned brands that design, manufacture, and market sporting and outdoor products.” This week, customers received a letter stating that the new price hikes would be across the board, beginning on January 1.

“Due to world events, our suppliers have notified us of unprecedented demand for and an anticipated global shortage of gunpowder, and thus has increased our prices substantially,” wrote Vice President of Sales and Sporting Products Brett Nelson. “We must therefore raise our pricing to help offset those increases.”

Nelson provided a breakdown of which companies will increase their prices in 2024, including Speer, SEVI-Shot, Federal, CCI, Alliant Powder, and Remington. The letter outlined price increases between one and seven percent on the following products: shotshell, rifle, Hornady Magnum Rimfire (HMR), and Winchester Magnum Rimfire (WMR) bullets.

Moreover, handguns, 22 long rifles, and 22 short cartridges would increase between one and five percent, with primers increasing five percent. Alliant Powder received the toughest markup, with a 2024 price 10% higher than before. The letter cites “limited availability” as the culprit for this sudden leap.

Worse news was yet to come for customers, with all “existing and future orders” affected by the new prices. Unless customers cancel their existing orders, they will pay the new prices for any orders shipped from January 1. Nelson concludes the letter by thanking his customers for their support.

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