The rise in global oil prices is also affecting a crucial product for public health: condoms. Malaysian company Karex, the world's largest producer of prophylactics, has warned of price increases of up to 30% in the coming months. The reason is directly linked to the consequences of the conflict in Iran and the destabilization of supply chains, particularly due to tensions in the Strait of Hormuz.
According to the executive director, Goh Miah Kiat, quoted by "La Repubblica," the company uses petrochemical-based materials such as ammonia, ethanol, and silicone oil, the costs of which have significantly increased. The price of silicone oil alone has risen by about 30%, while latex has doubled.
Overall, production costs have increased by 25-30%, making it inevitable to pass these costs on to consumers.
However, Karex does not expect a decline in demand. On the contrary, condom usage tends to increase during periods of economic and social uncertainty. In 2026, global demand grew by about 30%, while shipping delays have created shortages in the market.
Founded in 1988, Karex produces about 5 billion condoms annually and supplies international brands such as Durex.