War in Iran pressures condom prices: they could inflate between 20% and 30% due to supply shocks

TL;DR

The conflict in the Middle East and restrictions in the Strait of Hormuz are impacting the condom industry.
Prices for condoms could increase by 20% to 30% globally due to supply chain disruptions.
Disruptions in the supply of petroleum-derived raw materials, like naphtha and silicone oil, are a primary factor.
The Strait of Hormuz's altered functioning affects the flow of petrochemical inputs to Asia, where 41% of naphtha consumed originates from the Middle East.
The industry faces increased costs in production, packaging, and transportation, alongside logistical delays.
The crisis is part of a broader rise in energy prices affecting global transportation and production costs.
The situation underscores the vulnerability of global supply chains to geopolitical events and energy-related shocks.
Potential impacts extend to the availability of labor and could affect the supply of other petroleum-derived goods, increasing global inflation.

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