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Karex hikes condom prices up to 30% amid Iran supply shock

4/23/2026

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Story summary
  • Karex Bhd will raise condom prices by 20-30% because Iran-related supply-chain shocks have doubled raw-material costs.
  • CEO Goh Miah Kiat said demand is up about 30% this year while the company makes five billion condoms annually for Durex, Trojan, the NHS and UN programmes.
  • Shipping to Europe and the United States now takes two months, leaving customers with low stockpiles as USAID funding was cut by 92% ($54 bn/£43 bn).