A Look at the Soaring Ammunition Market

A Look at the Soaring Ammunition Market

The National Association of Sporting Goods Wholesalers released data yesterday that matches up with the experience many people are seeing at their local gun store:  The demand for ammunition is high.

From their release:

“As we pass the 15-day mark, in the U.S.’s Flattening the COVID-19 Curve timeline, the National Association of Sporting Goods Wholesalers (NASGW) SCOPE data platform reports another record week in firearms and ammunition shipments. Ammunition sales nearly doubled for the week ending March 21. When we look at year-to-date (YTD) numbers for 2020, ammunition sales are up 49% compared to the three-year average (3YR AVG), and 188% and the week-over-week, growing from $9.9m to $18.6m.

Firearms shipments were up 67% on the week. As of the 21st, they posted a more modest growth of 2% YTD against the 3YR AVG. As firearms shipments keep rising, keeping the supply chain moving will be the challenge in meeting the demand.

All in all, SCOPE DLX revealed that it was another massive week for the ammunition market and our distributors, as COVID-19 continues to have a widespread impact on our industry.

While still on the rise, optics shipments were still below the 3YR AVG at -4%. For the 2020 YTD shipments, they rose 5%, and their year-over-year growth was a little over 28% YTD.”

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Don McDowell, Arizona native, is an avid outdoorsman and has been an active bass pro fisherman for over 16 years and in the past 15 years has developed his own radio show promoting bass fishing and conservation efforts for bass fishing that escalated to nominations with several bass groups and organizations. In the past 12 years, Don has pursued his conservation agenda through AZBFN-TBF as Conservation Director and with the Arizona Game and Fish Department, in the spring of 2014 redesigned his website to include those efforts highlighted below and has increased the AZGFD exposure, public education of the AZGFD and Commission issues on his radio show and website soliciting local and national support for Arizona. 2014 has seen the founding of SRT Outdoors, Inc., 501 C3 organization, “Not for Profit, for Conservation” which is concentrating on grants for mitigating the effects of Gizzard Shad on Roosevelt lake thorough habitat enhancement, Florida Strain Bass stocking, lakes bottom mapping, etc. and feral hog research.

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