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World's Top Condom Producer Karex to Raise Prices 20-30% Amid Iran War Supply Disruptions
Developing
Business·4/22/2026AI summary

World's Top Condom Producer Karex to Raise Prices 20-30% Amid Iran War Supply Disruptions

Karex Bhd, the world's largest condom manufacturer, plans to raise prices by 20-30% due to supply chain disruptions caused by the Iran war. The Malaysian company, which produces over 5 billion condoms annually and supplies Durex, Trojan, UK NHS and UN programs, has seen costs surge for raw materials including synthetic rubber, nitrile and lubricants. Demand has risen about 30% this year as shipping delays leave customers with lower stockpiles, with shipments now taking two months instead of one.

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Guardian Business
World's Top Condom Maker Karex to Raise Prices 20-30% Amid Iran War Supply Chain Disruptions
Developing
Business·4/21/2026AI summary

World's Top Condom Maker Karex to Raise Prices 20-30% Amid Iran War Supply Chain Disruptions

Karex, the world's largest condom manufacturer, announced plans to raise prices by 20-30% with potential further increases if supply chain disruptions from the Iran war continue. The Malaysian company, which produces over 5 billion condoms annually and supplies brands like Durex and Trojan alongside the NHS and UN aid programmes, is facing surging costs for raw materials including synthetic rubber, nitrile, aluminium foils, and silicone oil since the conflict began in late February. CEO Goh Miah Kiat described the situation as fragile, stating the company has no choice but to transfer costs to customers while also noting a surge in demand as customers' stockpiles have dwindled.

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SCMP Economy