By Admin 
China was known for its ‘one child policy’ for a long time. There was a strict ban on having more than one child here for decades. Now the effect of the same policy is troubling China. The country’s population is aging rapidly and the birth rate is continuously falling. The government wants people to have more children, but the young generation is running away from it. China’s Xi Jinping government has taken a big step to deal with the declining population.
Tax exemption on contraceptive medicines and devices has been abolished from January 1. Now 13 percent value added tax is being imposed on condoms and contraceptive pills. Let us know in which countries condom has become a luxury item.
Different importance of condom in the world
In many countries, governments emphasize on safe sex to prevent the increasing population and sexually transmitted diseases. In many parts of Africa and Asia, governments even distribute free condoms to prevent HIV and unwanted pregnancy. Condoms are generally considered a cheap and easily available means.
Condoms become luxury in Venezuela
However, there are some countries in the world where it is very difficult for common people to buy condoms. Venezuela is the biggest example of this. Here the economic crisis and inflation have made the situation such that the price of a packet of condom reaches Rs 60 thousand. Many times, half of people’s salary is spent only on contraceptive means.
what is the reason for inflation
Abortion is completely illegal in Venezuela and there is a provision for severe punishment for it. In such a situation, people consider it better to buy condoms even after paying expensive prices due to the fear of going to jail. Apart from this, shortage of foreign exchange, dependence on imports and uncontrolled inflation have made even an essential item like condom a luxury.
Situation in other countries
In some African and Latin American countries too, the prices of condoms are high due to taxes, import duties and weak supply chains. Whereas in countries like Europe and America, condoms are easily available and at relatively cheap prices, because public health is given priority there.
growing global market
The demand for condoms is continuously increasing across the world. With increasing awareness about safe sex, its market is also expanding. According to statistics, the global condom market was worth about US $ 8.38 billion in 2022. It is estimated that by 2030 it may increase to 13.06 billion US dollars.
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