Topic analysis

Condom prices could rise 30% due to Iran war, says world’s top producer Karex

Malaysia's Karex Bhd, the world's leading condom producer manufacturing over 5 billion units annually for brands like Durex and Trojan as well as entities including the UK's NHS and United Nations aid programs, plans to raise condom prices by 20-30%—with potential further increases—due to supply chain disruptions and soaring raw material costs linked to the Iran war. The company also reports a 30% global surge in condom demand this year, exacerbated by shipping delays and depleted stockpiles following cuts in foreign aid spending, particularly by the US Agency for International Development (USAID) in the previous year.