The world's largest condom manufacturer, Malaysia-based Karex, has announced plans to increase prices by up to 30% or more, citing severe supply chain disruptions caused by the ongoing conflict in Iran.
Karex CEO Goh Miah Kiat revealed in recent interviews that production costs have escalated dramatically since the war began. The company, which produces over five billion condoms annually for major brands including Durex and Trojan, as well as public health systems like the UK's NHS, relies heavily on petroleum-derived materials.
"The closure of the Strait of Hormuz has created a perfect storm for our industry," Goh explained. "We depend on oil-based components like ammonia for latex preservation and silicone-based lubricants, and these supply lines have been severely compromised."
Approximately one-fifth of global crude oil and liquefied natural gas typically passes through the strategic waterway, which has become effectively impassable since Iran threatened to target vessels in response to U.S. and Israeli airstrikes.
Ironically, demand for condoms has surged by about 30% this year, according to Goh, who noted that economic uncertainty often drives increased contraceptive use.
"In difficult times, people become more cautious about family planning," Goh told Bloomberg. "When job security is uncertain, adding another mouth to feed becomes a significant concern."
The price increases highlight how the Iran conflict is affecting consumer goods far beyond the energy sector. The war has already triggered higher airfares, fertilizer shortages, and disruptions in helium supplies critical for computer chip manufacturing.
As global supply chains continue to strain under geopolitical pressure, consumers worldwide may soon feel the impact in unexpected corners of their daily lives.