Ammunition maker warns of global powder shortage

Gun and ammunition manufacturer Vista Outdoors has warned of rising prices due to an expected global shortage of gunpowder. The shortage of ammunition and weapons began to be felt against the backdrop of conflicts in Ukraine and Israel

A shortage of gunpowder is expected in the world, which will affect gun prices, Newsweek writes, citing a letter from Vista Outdoor (the owner of dozens of brands of sports and outdoor products, including sellers of firearms and related products - Remington, CCI, Alliant Powder, Federal and Bushnell, etc.).

In its letter dated December 1, the company said it would be raising product prices due to the gunpowder shortage.

“Due to world events, our suppliers have notified us of unprecedented demand and an expected global shortage of powder and have therefore substantially increased prices,” Brett Nelson, vice president of sales, said in an email.

Prices for shotguns and rifles are planned to increase by 1–7%, hand pistols by 1–5%, and the increase in prices for ammunition will also be from 1 to 7%. The company will present new price lists in the coming weeks; prices will be valid after January 1, 2024.

Vista Outdoor donated 1 million rounds of ammunition to Ukraine in March 2022. At the same time, a representative of Federal Ammunition, a Vista Outdoor subsidiary engaged in the production of ammunition, already noted “chronic shortages of ammunition caused by the influx of new shooters over the past two years, as more outdoor enthusiasts appeared during the covid -19 pandemic.” .

Against the backdrop of the provision of military assistance to Ukraine in the United States and the EU , signs of a shortage of weapons began to appear. For example, American President Joe Biden said in July of this year, explaining the decision to send cluster munitions to Kiev, that Ukraine is running out of conventional ones, and the United States has few of them. After this, The Wall Street Journal wrote that Washington began to increase the production of shells and the pace would increase. In addition to Ukraine, the United States began to provide military assistance to Israel.

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In the EU, military reserves also began to deplete, said the HEAD of the union’s foreign diplomatic service, Josep Borrell, last December . The conflict in Ukraine became a “wake-up call” for the union regarding “military capabilities,” he noted. This year, Brussels admitted that it would not be able to provide Kyiv with the promised 1 million shells by March 2024 due to a shortage. The EU also planned to increase production.