Iran Imports Over $90M Worth Of Car Tires
Date
6/14/2024 3:12:20 PM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, June 14. Iran imported $92 million worth of
car tires in the first two months of the current Iranian calendar
year (March to May 2024), marking a 76 percent increase compared to
the same period last year, Trend reports.
Total value of car tires imported during the first two months of
the previous Iranian calendar year (March to May 2023) was over $52
million.
The import of tires in the first two months of the current
İranian calendar year (beginning March 21, 2024) showed an 89
percent increase in terms of weight compared to the same period
last year.
Iran's tire industry has a 60-year history. Currently, there are
11 tire manufacturing companies in the country producing tires for
passenger cars, trucks, buses, vans, construction and agricultural
machinery, as well as bicycles and motorcycles, in addition to
various types of tubes.
Approximately 15,000 people are directly employed in this
industry, with over 250,000 people indirectly involved in its value
chain.
Despite ongoing sanctions, the coronavirus pandemic, and certain
domestic restrictions, Iran's tire industry has been thriving and
successful in recent years.
In addition to achieving significant production outputs, Iranian
tire manufacturers have ventured into new areas, including the
production of wide-base tires and SUV tires.
Wide-base tires, a new generation of heavy vehicle tires, have
been produced for the first time in West Asia by Iranian
manufacturers.
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