New Delhi: A global supply shock triggered by the ongoing Iran conflict is now hitting an unexpected sector, that is condoms. Manufacturer warn that prices could climb sharply by 20-30 per cent in the coming weeks as raw material shortages, shipping delays, and rising demand put pressure on manufacturers and retailers worldwide.
Why are condom prices suddenly rising?
The problem begins with supply chains. The Iran war has disrupted key trade routes, especially through the Strait of Hormuz, a important passage for global oil and petrochemical shipments.
Condom production depends heavily on oil-based materials such as synthetic rubber, silicone lubricants, and packaging components. With supplies tightening and transport costs rising, manufacturers are seeing a steady increase in production expenses.
The world’s largest condom manufacturer, Karex Berhad, has announced plans that it may raise prices by 20 per cent to 30 per cent and possibly even more due to disruptions.
What role is demand playing in this price surge?
It is not just the supply of condom that’s under strain but demands for it has also increased globally.
Karex’s chief executive Goh Miah Kiat said that demand has jumped by around 30 per cent this year, adding further pressure to already stretched inventories.
“In bad times, the need to use condoms is even more because you’re uncertain with your future, whether you’d still have a job next year. If you have a baby right now, you’ll have one more mouth to feed,” he said.
How is India’s condom industry being affected?
India, one of the world’s largest producers and consumers, is feeling the impact.
The country’s Rs 8,000 crore condom industry depends heavily on imports of key raw materials from Gulf nations. Around 86 per cent of ammonia used in latex production comes from this region, making it vulnerable to disruptions.
Manufacturers are already facing shortages and rising input costs. If the situation continues, retail prices in India could also climb in the coming weeks.
Are supply chain disruptions getting worse?
Shipping delays have doubled delivery times in some markets, while freight costs have surged due to restricted movement in key maritime routes.
At the same time, companies report lower stockpiles as fresh supplies take longer to arrive. This imbalance between supply and demand is pushing the market toward higher prices.
Could prices rise even further?
Manufacturers say the situation remains uncertain and ‘fragile’, with future prices depending on how long the conflict continues.
If disruptions in oil supply and shipping persist, costs of raw materials and transportation could rise further and those increases are likely to be passed on to consumers.
What does this mean for consumers?
For now, there is no immediate shortage on store shelves. But industry insiders warn that higher prices may soon follow.
Condoms, considered an essential public health product, have traditionally been kept affordable. However, the current global crisis is testing that balance.
If the conflict continues, what began as a supply issue could soon turn into a noticeable pinch on everyday expenses.
