use a lot of wood
open flame fire risks
ember issues (embers will burn holes in your tents, hiking tarps, and your puffer jackets and can start fires)
generate a lot of smoke and this can be an added issue if wind changes direction
can take a long time to go out (even with water) and can't be left without supervision
risk re-igniting in strong winds
are a pain to manage and to start in wet weather (often need to use an air blower to assist)
generally need heavy iron cookware such as Dutch ovens or heavy iron grates both of which require cooking experience to manage well due to highly variable temperatures
are not great for getting your clothes or gear dry - smoke issues and risk of them catching on fire or getting wet by further rain
cause fire scars if not used in existing fire pits