War in Middle East Disrupts India’s Booming Condom Production
The country manufactures over 6 billion condoms annually in a low-margin, high-volume market valued at $860 million. Production depends heavily on petrochemical-based materials such as silicone oil and ammonia, which are essential for stabilizing raw latex.
Since Iran restricted shipping through the Strait of Hormuz in response to US and Israeli airstrikes, supply chains for these materials have been interrupted. Industry representatives described a “huge shortage” of silicone oil and projected a 40-50% surge in ammonia prices.
Pharmacies in major Indian cities, including Mumbai and New Delhi, are reportedly already experiencing stock shortages. India produced 6.4 billion condoms in 2024, representing nearly 17% of global output, according to market data.
The conflict has also driven up aviation fuel costs. India’s Ministry of Petroleum and Natural Gas stated on Wednesday that fuel prices are expected to double to a record $2,224 by April 1.
Domestic airlines will face staggered increases, while foreign carriers are required to pay the full market rate.
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