Popular condiment sells for up to $70 a bottle on eBay as worldwide shortage continues – but it’s even more on
Fans of a beloved sauce have to dig deep as sauces are skyrocketing due to a shortage.
Huy Fong Foods, known for its sriracha sauce with a tap on the bottle, has struggled with shortages in recent years.
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Due to inclement weather that caused crop failures in Mexico, the chilies used to make the popular product are “in limited supply,” the sauce maker told CBS MoneyWatch.
According to CBS News Philadelphia, supplies have been unstable since the coronavirus pandemic began.
As a result, the sauce has been priced as high as $70 on eBay as sriracha lovers seek to stock their kitchens with the fiery product.
A 17-ounce bottle is available on eBay for $39.98, while a 28-ounce bottle is on sale for nearly $60.
Meanwhile, when you search for the product on Amazon, some sellers are trying to charge their customers as much as $124 for a two-pack.
However, it’s unknown if people are actually willing to pay those prices, as a 17-ounce bottle typically costs around $5.
Huy Fong Foods told CBS that it continues to struggle with shortages despite restarting “some parts of production” last fall.
The company said: “Unfortunately, we are still suffering from shortages of raw materials.”
“Currently, we have no estimates as to when supply will increase.
“Since we don’t sell directly to the retail/market level, we can’t determine when.” [the] which product is coming back to the shelves and/or who currently has it [the] Product in stock.”
In 2022, the company admitted the situation was “out of our control.”
However, it’s not just Sriracha lovers who need to worry.
The shortage of chili peppers is also affecting the company’s products Sambal Oelek and Chili Garlic.
Disappointed hot sauce lovers have criticized other Sriracha sauces on offer.
One customer tweeted: “We need an end to this Sriracha shortage!! Those other fakes suck!!!!”
Meanwhile, another user said, “There is a shortage of Sriracha sauce and people are really selling it for $120.”
“You are crazy.”
California Senator Alex Padilla wanted to use the shortage to warn about the reality of climate change.
He tweeted: “The reality is that unless we take immediate and sustained action, rising global temperatures will increasingly disrupt the supply chains of everyday items.”
A spokesman for Huy Fong told customers in a statement to CNN, “We are grateful for your continued patience and understanding during this unprecedented inventory shortage.”
“We are currently working to avoid future bottlenecks.”