Ammo Prices Are Set to Spike Due to World Wide Shortage of Gunpowder
Vista Outdoor, the parent company to several ammunition makers such as Federal, CCI, and Remington, has warned prices for ammunition are expected to rise in 2024 due to a worldwide shortage of gunpowder.
In a letter sent to customers, Vista Outdoor warned that they would begin to increase prices on all of their ammunition products due to “an anticipated global shortage of gunpowder.”
Vice President of Sales Brett Nelson stated, “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.”
Nelson did not refer to what world events are causing the gunpowder shortage, but it’s quite clear the War in Ukraine and Gaza has resulted in an increased need for ammo.
