News ID: 315115
Published: 0156 GMT July 30, 2021

Iran’s quarterly refrigerator, freezer production rises 29.1%

Iran’s quarterly refrigerator, freezer production rises 29.1%

Iran’s production of refrigerators and freezers during the first quarter of the current Iranian year (March 21-June 21) rose 29.1 percent compared to that of the same period last year, according to data released by the Ministry of Industry, Mine and Trade.

The ministry’s data show that 374,000 refrigerators and freezers were manufactured during the three-month period, IRNA reported.

Production of home appliances in Iran increased 29.4 percent during the first quarter of the current Iranian year, as compared to the first quarter of last year.

According to statistics, over 15 million sets of home appliances were manufactured in the country during the past Iranian year, which was 78 percent more than the output in its preceding year.

Rise in home appliances manufacturing and exports have also been planned for the current Iranian year.

Iran’s Deputy Industry, Mine, and Trade Minister Mehdi Sadeqi-Niaraki said in April that Iranian manufacturers have indigenized the knowledge of production for about 70 percent of the country’s home appliance needs, and the figure has reached 90 percent for some products.

Sadeqi-Niaraki noted that considering the Iranian home appliance industry’s infrastructure and capacities, the country will be able to become an exporter of such products in the near future.

The official said, “Currently, the return of foreign companies is not on the agenda. Domestic companies are fully capable of meeting the needs of the country.”

Over the past few years, the Iranian government has been following a new strategy for supporting domestic production to neutralize the impacts of US sanctions, while reducing the reliance of the economy on oil revenues.


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