KUALA LUMPUR, April 21, 2026 Karex, the world’s largest condom manufacturer, announced plans to increase prices by 20 to 30 percent due to supply chain disruptions caused by the Iran war, with CEO Goh Miah Kiat stating the company has "no other choice" but to pass costs to consumers. The Malaysia-based company, which produces one in every five condoms globally, cited logistical challenges and rising freight costs as key factors behind the decision. The price hike comes amid a 30 percent surge in demand this year, driven by dwindling inventories among customers facing delays and higher shipping expenses.
Supply Chain Crisis Deepens
The Iran war has severely disrupted global trade routes, particularly affecting shipments of raw materials and finished goods. Karex, known for supplying major brands like Durex and UN aid programs, relies on a complex network of suppliers and distributors now grappling with delays and inflated costs.
"Die Lage ist definitiv sehr heikel, die Preise sind hoch ..." ("The situation is definitely very delicate, prices are high ..."), a company representative noted, highlighting the broader economic strain. The conflict has compounded existing challenges in energy and petrochemical shipments, critical for condom production.
