Durex Condoms Set To Become Costlier As US-Iran War Disrupts Supply Chains
Karex, the world's largest condom manufacturer, plans to increase prices by up to 30% due to rising input costs and disrupted shipping routes caused by the Iran conflict. The company, which supplies major brands like Durex, produces around five billion condoms annually and accounts for roughly one-fifth of global condom production.
The world's largest condom manufacturer, Karex, is set to raise prices by up to 30% due to the ongoing Iran conflict. Rising input costs and disrupted shipping routes are driving up production expenses. Karex produces around five billion condoms annually and supplies major brands like Durex. The company's pricing decisions are significant for both commercial markets and public health programmes worldwide. The conflict has driven up oil and gas prices, triggering a broader increase in raw material costs. Karex relies on over a hundred chemicals and materials sourced from Asia and Europe, and a shortage of a single critical component could disrupt manufacturing.
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