Possibility of 'Worldwide condom shortage' due to new coronavirus
Lockdowns have been implemented in all cities around the world where new coronavirus infectious diseases (COVID-19) are epidemic, and it is forbidden to go out unnecessarily. This lockdown has been continued in Malaysia, the world's largest rubber producer, and the world's largest condom maker,
Covid-19 sparking 'devastating' global condom shortage | New Straits Times | Malaysia General Business Sports and Lifestyle News
https://www.nst.com.my/news/nation/2020/04/582997/covid-19-sparking-devastating-global-condom-shortage
On March 16, 2020, Malaysian Prime Minister Muhydin Yasin announced Lockdown as a measure against COVID-19, which is prevalent in the country. From March 18th to March 31st, we issued an activity restriction order all over Malaysia. The specific restrictions under this order are 'prohibition of large-scale assembly', 'prohibition of Malaysian departure from the country', 'prohibition of immigration of foreign travelers', 'closing of educational institutions', 'all governments and private sectors except important service areas' The facility is closed '.
However, the Malaysian government decided to extend or re-extend this activity restriction order in view of the situation in the country. The activity restriction order will continue at least until April 28, 2020. From April 1st, travel restrictions were further tightened, and business hours at supermarkets, delivery services, and gas stations were limited to the range from 8am to 8pm.
The country's industries have been affected by this activity restriction order, and it is spreading to 'global problems'. Carex, the world's largest condom maker that produces more than 5 billion condoms each year and occupies 20% of the world market share, has suspended the operation of all factories in Malaysia due to this activity restriction order. The company expects to drop 200 million condoms from mid-March to mid-April 2020.
On the other hand, demand for condoms is increasing rapidly, and the media in India, which continues to lock down, reported a 25-35% increase in demand. It is thought that this phenomenon is caused by people being trapped in their homes due to the COVID-19 epidemic, but in some countries such as Singapore, there is a preventive method called 'putting a condom on your fingers instead of gloves'. It is said that it was also the cause of the topic.
Lack of condoms is causing problems on a global scale. The United Nations Population Fund (UNFPA) reports that condom supply to the group is limited to 50 to 60% of the usual amount. A lack of contraceptives such as condoms could increase unintended pregnancies and could have catastrophic health and social consequences for underage girls, women, partners and families, a UNFPA spokeswoman said. Yes, ”he said, raising concerns about increased unsafe abortion and increased risk of sexually transmitted diseases and HIV. 'If the condom is out of stock, the poorest and most vulnerable people will suffer the most,' he warned.
“The world will definitely face condom shortages,” said Karex CEO Go Mia Kiat. “Condoms are a must-have medical device. We do our best, but the current situation is quite difficult.” He said he was particularly concerned about supplying condoms to developing countries.
Chinese condom makers see the stagnation of industry champion Karex as an opportunity. HBM Protections, which produces over one billion condoms annually, reported that production had returned to normal levels, and said it was implementing an earlier plan to triple production capacity by the end of 2020. Shanghai Mingbang Rubber Products is also showing a willingness to increase condom exports.
On the other hand, Okamoto , a major Japanese condom manufacturing company, said, 'In addition to Japan, we have factories in China and Thailand, but both factories are operating without any problems. , not out effect on the production and sales, 'said comments have been, does not have the news is reported to be concerned about the domestic condom shortage. In addition, Okamoto's stock price, on the 13th of April 2020, marked the highest price since last December, contrary to the overall decline.
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