City
Epaper

Russia Ukraine war: Condom sales in Russia goes up by 170 percent due to fear of price increase

By Lokmat English Desk | Updated: March 21, 2022 09:26 IST

Due to Western sanctions, the demand for condoms in Russia has skyrocketed. This is the situation even after the ...

Open in App

Due to Western sanctions, the demand for condoms in Russia has skyrocketed. This is the situation even after the major British company Reckitt, maker of Durex Condom and other brands are continuing their trade in Russia. Russia's largest online retailer Wildberries saw a 170 percent jump in condom sales in the first two weeks of March compared to last year. Major pharmacy chains 36.6 registered a 26 per cent increase in sales. Overall, the purchase price of chemist condoms has increased by 32 percent compared to a year ago. There has also been an increase of 30 percent in the supermarket sales.

People are buying more condoms due to rising prices

Yesenia Shamonina, co-owner of Prezervativnaya sex shop, said - people are shopping for the future. She told that even after the increase in prices, people are buying heavily. Depending on the brand, the consumer has to pay up to 50 percent more. The Russian Rouble continues to fall, so the impact on prices is greatest. The Rouble has been going down steadily since Russia's attack on Ukraine. A condom industry source said the latex used in it comes from countries that have not imposed sanctions on Russia. But buying in western currencies is making it expensive. Demand for condoms grew so high that Putin's Ministry of Industry and Trade was forced to deny that the problems would last long. Russia assured people that Thailand, India, South Korea and China have not stopped delivery of products to the Russian Union.

Russia imports six times more condoms than it manufactures

According to reports, Russia imports 600 million condoms a year, while it produces only 100 million. Russia's Reckitt Company employs 1,300 people and generates around £400 million annually to the market. The company said in a statement- We are working according to the situation. An English company Reckitt has a 60 percent market share. Its brands Durex, Contex, Hussar etc. are quite popular. According to Russian Industry, 95 percent of the Russian condom market is occupied by foreign companies. 

Open in App

Related Stories

EntertainmentSalma Hayek: Female solidarity has been my strength

EntertainmentThis is what Shehnaaz Gill did all day: No results, just peace

TechnologyApp Store facilitated Rs 44,447 crore in developer billings in India in 2024: Apple

Other SportsMan City beat Forest to reach third straight FA Cup final

BusinessApp Store facilitated Rs 44,447 crore in developer billings in India in 2024: Apple

International Realted Stories

InternationalBlast at Iran's Shahid Rajaee Port kills 40; Ayatollah Khamenei calls for investigation

InternationalSeveral injured after Florida ferry collides with another boat, police say

InternationalUS conducted over 800 strikes against Houthis since March 15, claims 69% drop in missile launches

International11 dead in Vancouver car rampage, suspect charged with murder

InternationalFlorida Ferry Accident: One Dead, 12 Hospitalised After Crash With Private Boat in Clearwater