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Why condom prices could spike in India? Rs 1.7 billion market under pressure amid Iran-US war

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India may witness a rise in condom prices in 2026 as manufacturers grapple with increasing costs of key raw materials and persistent global supply chain disruptions.Industry experts point to a sharp surge in the prices of ammonia and silicone oil—both essential components in condom production—as the primary drivers behind the expected price hike.Condoms are largely made from natural latex, which requires ammonia for stabilization during processing. Silicone oil, on the other hand, is widely used as a lubricant to enhance product quality and usability. Recent reports suggest that ammonia prices could increase by as much as 40–50 per cent, while silicone oil has already become significantly more expensive due to global shortages.India’s heavy reliance on imports for these materials is further compounding the issue. Nearly 86 percent of the country’s ammonia supply is sourced from Gulf nations, making the industry vulnerable to geopolitical tensions and disruptions in that region. Ongoing conflicts and tightening supply chains have made it increasingly difficult for manufacturers to secure consistent shipments, leading to production delays and rising operational costs.Manufacturers are now facing a dual challenge–managing higher input costs while ensuring steady production to meet demand. Many companies are likely to pass on at least part of this increased cost burden to consumers, potentially resulting in higher retail prices for condoms across the country.However, the extent of the price increase remains uncertain. Government intervention could play a crucial role in stabilising the market, especially since condoms are considered an essential public health product. Measures such as subsidies, price controls, or support for domestic production of raw materials may help cushion the impact.

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