Overview of the Market for Small Arms And Ordnance Accessories in the USA
In value terms, small arms and ordnance accessories production rose significantly to $ in 2019. The total output value increased at an average annual rate of +% from 2013 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of % y-o-y. Small arms and ordnance accessories production peaked in 2019 and is likely to continue growth in the near future.
The value of the market for small arms, ordnance, and ordnance accessories in the U.S. contracted to $ in 2019, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by % year-to-year. Small arms and ordnance accessories consumption peaked at $ in 2018, and then declined in the following year.