World’s Largest Condom Maker to Raise Prices Amid Iran War Supply Disruptions
The Chronify
Karex warns up to 30% price hike as global shipping delays and raw material shortages hit production
The world’s largest condom manufacturer, Karex, has announced plans to raise product prices by up to 30% or more if ongoing conflict-related disruptions continue to affect global supply chains.
The Malaysia-based company, which produces more than five billion condoms annually, supplies major international brands including Durex and Trojan, as well as public health systems such as the National Health Service.
Karex chief executive Goh Miah Kiat said production costs have increased significantly since the escalation of the war involving Iran and related instability in global shipping routes. He noted that higher freight charges and delays in transportation are worsening shortages of key raw materials.
The company relies on oil-derived inputs such as ammonia, used in latex preservation, and silicone-based lubricants, both of which have become more expensive due to disruptions in global energy and petrochemical markets.
The crisis has been linked to instability in maritime trade routes, particularly around the Strait of Hormuz, where shipping has been heavily affected by ongoing geopolitical tensions. These disruptions have impacted not only energy markets but also industries dependent on petroleum-based raw materials.
Karex reported that demand for condoms has risen by around 30% this year. The company attributed the increase partly to economic uncertainty, higher living costs, and delays in global supply chains.
According to Goh, consumer behaviour often shifts during periods of instability, with people becoming more cautious about long-term financial commitments. He noted that rising costs of shipping and raw materials are adding further pressure to an already strained supply system.
Industry analysts say the situation highlights how geopolitical conflicts can have unexpected ripple effects on everyday consumer goods, extending far beyond energy and transportation sectors.
The company has not yet confirmed when the price increases will take effect, but warned that continued disruption in global supply routes could force further adjustments in the near future.
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