Decline in Home Appliances Production

EghtesadOnline: Statistics released by the Ministry of Industries, Mining and Trade show the domestic production of home appliances has declined.

News ID: ۷۸۴۴۵۲

02 January 2019

About 296,500 washing machines were produced in Iran during the first seven months of the current Iranian year (March 21-Oct. 22) to register a 38.2% decline compared with the similar period of last year.

A total of 394,200 televisions, 553,800 refrigerators and 528,400 evaporative coolers were manufactured over the six-month period, showing a 32.5%, 13.8% and 5.9% decline respectively year-on-year, IRNA reported.

Secretary-General of Iran’s Home Appliances Association Habibollah Ansari told Financial Tribune last year that the production of Iranian household appliances meets 70% of domestic demand, according to Financial Tribune.