Home Appliance Imports Reached $570 Million Last Year

The Secretary of the Home Appliance Industries Association said more than 7 million home appliances are currently in manufacturers' warehouses, and rising raw material prices and a shift in consumer purchasing priorities are among the causes of the market slump.

The Secretary of the Home Appliance Industry Association stated: There are more than 7 million home appliance devices in the warehouse of manufacturers, the increase in the price of raw materials and the change in people's purchasing priorities are factors of the market stagnation.

In a conversation with Ambassador Arjan, Nasreen Ojaghi said: Last year, 570 million dollars of all kinds of household appliances were imported into the country, however, the position of the association is not against imports, but to establish equal competition between domestic producers and imported goods.

He clarified: According to the Ministry of Security, the depth of internalization of household appliances has exceeded 70% in total and has reached 100% in some products, and the production of 1404 was more than 18 million devices.

The Secretary of the Home Appliance Industries Association added: There are more than 7 million home appliances in the producers' warehouses, the increase in the price of raw materials and the change in people's purchasing priorities are among the factors of the market stagnation.

Ojaghi further said: The price of polymer materials has increased by more than 250% and in some cases up to 600% in the last year.