(MENAFN) Hamidreza Ghaznavi the spokesman of Home Appliances Manufacturers Union stated that Iran is anticipated to turn into an exporter of some home appliance items from the next Iranian agenda year (initiates in March 2021).
Ghaznavi stated that "If the currency problems are solved and steel sheets and some petrochemical products are provided for this industry, we will become an exporter of some household appliances by the next year,".
Hamidreza stated that until freshly and before the exit of two main South Korean companies (LG and Samsung) from Iran's market, in excess of 60 percent of the market was detained by these corporations while nearly 15 percent belonged to luxury brands and only concerning 25 percent of people applied home merchandises.
Hamidreza stated that "After the two companies withdrew from the Iranian market under the United States sanctions, many of the consumers of their products were inclined toward domestic products,".
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