The head of Karex, the world’s largest condom maker, says the company may increase prices by up to 30% or even more if the Iran war continues to affect supplies.
CEO Goh Miah Kiat explained that production costs have risen sharply since the conflict began. Karex, based in Malaysia, makes over five billion condoms each year and supplies major brands like Durex and Trojan, as well as public health systems like the NHS in the UK.
The problem started when tensions involving Iran disrupted global oil supplies. Shipping through the Strait of Hormuz has been affected, which is a key route for oil and gas transport. This has caused major supply chain issues worldwide.
Karex depends on oil-based materials like ammonia (used to preserve latex) and silicone lubricants. With these materials becoming more expensive and harder to get, production costs have gone up.
At the same time, demand for condoms has increased by about 30%. Higher shipping costs and delays have made shortages worse.
Goh also noted that in uncertain times, people may rely more on contraception to avoid additional financial pressure.
The situation is part of a larger global impact. The conflict has already led to:
- Higher flight prices
- Increased fertiliser costs
- Shortages of helium (used in electronics)
- Pressure on industries like bottled water and food
The United Nations has also warned that food prices, including sugar, dairy, and fruit, may rise due to higher transport costs.
Meanwhile, peace talks between the US and Iran are still uncertain, even after Donald Trump said the ceasefire would be extended while negotiations continue.
