The sector faces challenges as a result of Russia..sanctions

Russian women do not hesitate to undergo plastic surgery or certain cosmetic techniques to improve their appearance, but the availability of materials for these procedures faces challenges as a result of Western sanctions imposed on Moscow due to the Ukrainian war.

For example, cosmetic products including Botox and breast implants, which are imported in large quantities from the US and Germany, will become harder to obtain.

According to the International Society of Plastic Surgery, Russia ranks ninth in the world in the number of plastic surgeries performed annually, as women underwent 621,600 surgeries in 2020.

The Russian cosmetics industry is expected to be worth $969 million in 2021, up 2% from the previous year, according to Russian consulting firm AMECO.

After the Russian attack on Ukraine on February 24, US pharmaceutical company ABV, which supplies the wrinkle-treating Botox, pulled out of the growing Russian market, citing what it described as “incidents” in Ukraine.

Yulia Vrangulova, co-founder of the National Aesthetic Medicine Clinics, told AFP that as a result of the ABV move, the availability of Botox is “shrinking”.

He explains that the decline in Botox stock is “a concern for clinic managers who are accustomed to using this reference product.”

“In March, we saw panic among patients, doctors and suppliers,” says Oksana Vlasova, who is in charge of the development department at the “Grand Med” cosmetic clinic in St. Petersburg. As the demand for Botox increased, the availability of this product ended.

  • Rolf Colon

    "Creator. Award-winning problem solver. Music evangelist. Incurable introvert."

    Related Posts

    • World
    • January 11, 2024
    • 1119 views
    Japan is inspired by creative ideas to build earthquake-resistant homes

    For more than a century, Japan has been able to build earthquake-resistant homes on this island known for its severe earthquakes. Last week, after a 7.5-magnitude earthquake hit Ishikawa Prefecture…

    • World
    • January 10, 2024
    • 901 views
    More than 23 thousand martyrs.. Gaza health announced the new death toll news

    Today, Wednesday, the Ministry of Health in Gaza announced that the death toll from the Israeli occupation has risen to 23,357 martyrs, with 59,410 injured since the war began on…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Free Job Posting Sites in the UAE: Perfect for Both Job Seekers and Recruiters

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    Yaroslav Bogdanov: Google in Dubai announced the launch of an artificial intelligence initiative for MENA countries

    How to Choose the Right Mattress: Find the Best Fit for You

    How to Choose the Right Mattress: Find the Best Fit for You

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Emils Kerimovs on Wealthtech Revolution: Investing in the Middle East and Africa

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Forex Brokers Review: Is ITBFX A Safe Broker?

    Best Kitchen Renovation Ideas to Upgrade Your Space

    Best Kitchen Renovation Ideas to Upgrade Your Space