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The problem will work itself out. Eventually.

Aloha, Mark
 
The answer is simple economics. Supply and demand. When demand increased dramatically, prices skyrocketed, since supply of necessary components also was shrinking (supply chain issues). That is when 9mm prices more than doubled. Manufacturers cranked up production to meet increased demand (and take advantage of increased profits) to the point where supply now has (finally) exceeded the demand, so prices have returned to a more reasonable level. Given the current inflation, those prices will never return to pre pandemic levels, but they do appear to be heading to the $12.50 per box of 50 for Blazer brass 115 gr FMJ. I don't anticipate prices going lower than that.
As for primers, manufacturers make more profit off ammunition, so it will take longer before those prices fall, as demand still remains very strong and there is little motivation for manufacturers to increase production to reduce the prices (and profits).
Prices of ammo that isn't .223/5.56 or 9mm remain stubbornly high simply because the demand for those cartridges is not as high as the demand for the most popular cartridges, so supply of those "niche" ammo has not been ramped up.


There is another LARGE part of this that many never seen to be able to get their head around. People making this stuff do not have a switch on the wall they can flip on and double capacity to take advantage of the price jump. Plants tend to be made to run full out. To make a lot more means new plants and or equipment. If they do this its HUGE cost. Takes decades for the new stuff to actually pay for itself. If they build and then "catch up" the new stuff sits idle all of a sudden. Workers hired to make all that extra stuff are now laid off. Taxes are being paid for the place that is now sitting idle. Loans to buy the new place are still being paid while its idle. This is why panic shortages happen. If it was as simple as so many want to believe, that the people making this stuff are raking in huge profit, and are choosing to just not make more "stuff" someone else would jump in and make it. No one is going to build to double primer capacity only to have the market catch up and people stop buying them. It may "sound" great to keep saying the people making the stuff are "taking advantage" but the fact is this is not how it works. When any item goes through a panic buy the people making it can't just magically make twice as much. Supply chains are long tuned to run at full tilt and shutting them all down at the same time for a hoax, then trying to "turn them all back on" at the same time also creates the mess we have now. Most law makers have no clue how this works so they too were shocked to see what they did and now of course will never admit they screwed this up this bad.
 
I was reading that because of the move to electric vehicles there will be a copper shortage lasting 10 years.
Well, with any luck now the market has maxed at approx 7% ownership in the US, the planned and financed nationwide charging system was NOT built and a few vehicle mfgs. Have cancelled certain EV projects I'm thinking the EV market is being left to die a quiet death.
 
Now that Im a few years out of 9mm.... of course this is how it goes.

Ive been seeing 9mm consistently going for around $250/1000 in a number of places for different brands.... But things like .40 & .45, etc are not coming down in price... those being over $400/1000

I thought maybe its just common/popular caliber and that more production capacity is given to it... but the same should be true of 5.56 but that is still over $400/1000

Whats up?
Maybe Im just salty because its so cheap now and everything I shoot is still 2x as much, but seems odd
My guess would be big overstocks. Massive shortage so massive production. Then it caught up so now overstocked. None of the other pistol calibers come close in popularity except .22. .22 is back down to 5-7 cpr now too. I can't imagine they ramped up production of the other calibers as much. All guessing though.
 
Word , .380 is spendy and scarce
cheaper if you load it and you get a lot more on hand.
I was thinking along those lines at the Outdoor Show a few weeks back. 50 round boxes: 9mm for $13 and .380 ACP for $22. That cheaper box sure seemed to weigh out like it had more materials involved. Fortunately, the only .380s in my gun safe have 7 or 8 shot magazines. That slows my people down. :s0006:
Not sure where you're getting your 380acp but I just picked up some for $10.45 a box just a few weeks ago. Most I've paid even recently is $17 a box.
 
My guess would be big overstocks. Massive shortage so massive production. Then it caught up so now overstocked. None of the other pistol calibers come close in popularity except .22. .22 is back down to 5-7 cpr now too. I can't imagine they ramped up production of the other calibers as much. All guessing though.
I think they (ammunition producers) learned from the previous shortage and demand spike. It took forever for them to catch up last time and .22 was crazy scarce. Seems like this time around they are leaving the machines set and running hell bent. Changing a machine over for less popular calibers is expensive I would imagine. 12 gage same story. It's interesting to say the least.
 
cheaper if you load it and you get a lot more on hand.

Not sure where you're getting your 380acp but I just picked up some for $10.45 a box just a few weeks ago. Most I've paid even recently is $17 a box.
LOL. Look at the date of my post. That was last year's Outdoor Show at the Bi-Mart display. Unfortunately, I didn't make it there this year to see the current damage, but $10.45 a box does sound like a great deal. I bought a bunch off of a member of the forum last year, so I don't really need any more for the foreseeable future. I also have at least a thousand bullets, primers, powder and plenty of brass on hand, just in case.
 
LOL. Look at the date of my post. That was last year's Outdoor Show at the Bi-Mart display. Unfortunately, I didn't make it there this year to see the current damage, but $10.45 a box does sound like a great deal. I bought a bunch off of a member of the forum last year, so I don't really need any more for the foreseeable future. I also have at least a thousand bullets, primers, powder and plenty of brass on hand, just in case.
Yeah I noticed that after I posted it. LOL sadly that higher price is still around at a lot of stores still.
 
Just for sh!ts&giggles I decided to enter current (March 2024) ammo prices into a database to see where we're at. Sharing the results. The data was derived from (1) eight online companies (2) using their lowest sale price for a particular type of ammo. Not exhaustive, but hopefully indicative.

With respect to 9mm specifically I came up with the following:
>> Average price per round at 48¢
>> Highest cost per round was $2 (Black Hills HoneyBadger Subsonic 125 grain using Lehigh Xtreme Defense bullets, 20-round box)
>> Lowest cost per round was 26¢ (Herter's Target Handgun 115 grain, 500 rounds)

Following is data for select cartridges in case anyone's interested. The column "data points" indicates how many different offerings were included in the calculations for that cartridge. Some cartridges were scarce and so only a few data points, but I included those anyway for reference.

1709955451107.png

Since the info is in a database queries by cartridge type and ammo brand can be run, as per the example below showing average cost per round for Hornady ammo in the 7mm-08 cartridge, so if any special requests please advise.
1709955894674.png
 
Just for sh!ts&giggles I decided to enter current (March 2024) ammo prices into a database to see where we're at. Sharing the results. The data was derived from (1) eight online companies (2) using their lowest sale price for a particular type of ammo. Not exhaustive, but hopefully indicative.

With respect to 9mm specifically I came up with the following:
>> Average price per round at 48¢
>> Highest cost per round was $2 (Black Hills HoneyBadger Subsonic 125 grain using Lehigh Xtreme Defense bullets, 20-round box)
>> Lowest cost per round was 26¢ (Herter's Target Handgun 115 grain, 500 rounds)

Following is data for select cartridges in case anyone's interested. The column "data points" indicates how many different offerings were included in the calculations for that cartridge. Some cartridges were scarce and so only a few data points, but I included those anyway for reference.

View attachment 1839374

Since the info is in a database queries by cartridge type and ammo brand can be run, as per the example below showing average cost per round for Hornady ammo in the 7mm-08 cartridge, so if any special requests please advise.
View attachment 1839375
.48 per round for 9mm and .11 per round for .22 is incorrect in the way people use it. . No one is talking about sd rounds. It's about the cheapest fmj, usually brass cased. 9mm is about $.24-$.26 and .22 lr is about $.05-$.07 right now.
 
.48 per round for 9mm and .11 per round for .22 is incorrect in the way people use it. . No one is talking about sd rounds. It's about the cheapest fmj, usually brass cased. 9mm is about $.24-$.26 and .22 lr is about $.05-$.07 right now.
Note that the data is not attempting to focus only on cheapest. It is just a compilation of what's in stock and for sale. You referenced 22LR. Shown below is a representative sample of 22LR data (not all of it) to show the wide range of what is currently available, at least from the online retailers that were included.
1709969207059.png
 
Note that the data is not attempting to focus only on cheapest. It is just a compilation of what's in stock and for sale. You referenced 22LR. Shown below is a representative sample of 22LR data (not all of it) to show the wide range of what is currently available, at least from the online retailers that were included.
View attachment 1839501
None of that is needed at all. It takes seconds to look at gun deals or retailers who have good prices to see what 9 mm and 22lrammo costs.
 
None of that is needed at all. It takes seconds to look at gun deals or retailers who have good prices to see what 9 mm and 22lrammo costs.
None of that is needed at all. It takes seconds to look at gun deals or retailers who have good prices to see what 9 mm and 22lrammo costs.
No argument from me. "Need" has nothing to do with it. Just sharing information for the sake of those who may find interest in the data. If not for you you're good to go. Enjoy either way.
 
Yup, 9mm is a widely used police dept caliber.
In manufacturing of anything, the more of it you make, the cheaper it gets per item to make. A lot of people have a hard time wrapping their head around this. A good example is something like .32 or .380. Smaller, uses less material to make, is often almost twice the price. Its because its not made in anything close to the same amount. When we have one of our panics and ammo is gone, the stuff that is sold the most of is of course where the factories will put the highest priority. So things like 9mm come back first.
 
In manufacturing of anything, the more of it you make, the cheaper it gets per item to make. A lot of people have a hard time wrapping their head around this. A good example is something like .32 or .380. Smaller, uses less material to make, is often almost twice the price. Its because its not made in anything close to the same amount. When we have one of our panics and ammo is gone, the stuff that is sold the most of is of course where the factories will put the highest priority. So things like 9mm come back first.
Yep. It's called 'economy of scale'.
 

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