Fireworks Family, Prepare for a Price Spark: Tariffs Impacting Costs this April

The vibrant bursts of color and thunderous booms of fireworks are a staple of celebrations across the nation. However, those dazzling displays might come at a higher cost this year. Important news for fireworks enthusiasts: new tariff pricing is set to take effect on April 18th, and it's poised to impact the price of your favorite pyrotechnics.

What's Causing the Price Increase?

• Tariff Implementation:

  • Like many imported goods, fireworks are subject to tariffs, and recent changes are set to increase the cost of imported products. This is impacting the fireworks industry.

  • Factors that influence the pricing include the cost of the fireworks themselves, and shipping costs.

• Supply Chain Factors:

  • In addition to the tariffs, other factors such as increased shipping costs, and fluctuating chemical and labor cost, also play a role in the eventual retail price of fireworks.

What This Means for Consumers

• Potential Price Hikes:

  • Importers will likely pass on some or all of the increased costs to wholesalers. So, expect to see a potential rise in prices when purchasing fireworks. We have been notified by all our suppliers that they will be increasing prices following March 31st. Since we want to give our customers time to order before these increases take effect, we have extended our current pricing until April 17th.

  • It is important to understand that the tariff applies to the cost of the fireworks themselves, and not necessarily the entire cost of the product to the consumer, so the increase in retail price might not be a direct 1:1 correlation to the tariff percentage.

• Planning Ahead:

  • If you're planning a large celebration, it might be wise to purchase fireworks sooner rather than later, if possible.

  • Also comparing prices between retailers will be more important than ever.

Industry Insights

• Industry experts are closely monitoring the situation, with many retailers attempting to mitigate the impact on consumers.

• Many retailers obtained inventory before the tariff implementations, so some pricing may be held at current levels. Though new inventory will reflect the new tariffs.

• It is also worth noting that the fireworks industry has seen price fluctuations in recent years, due to factors such as increased shipping costs during the COVID-19 pandemic.

Staying Informed

• As the April 18th deadline approaches, it's essential to stay informed about potential price changes.

• Keep an eye on retailer announcements and industry updates.

The upcoming tariff changes are a reminder that global trade and economic factors can influence the cost of even our most cherished celebratory traditions. As always, responsible and safe fireworks handling is paramount.

I hope this blog post is helpful. We are looking forward to celebrating 30 years with you in 2025.

We have sent out our Preorder special coupon code that is valid from now until April 17th for 30% off the pre-tariff pricing. We strongly encourage our customers to take advantage of this savings!

Chris