Home appliance prices to increase in Iran
TEHRAN, Iran, May 4
The secretary of the Iranian Home Appliance Manufacturers Association commented on rumors of the possibility to stop application of NIMA for import of home appliances.
"Currently, home appliance manufacturing units are working up to 30 to 80 percent of their production capacity,” Esmaiel Bazarchi said, Trend reports citing ILNA.
"Considering the current situation including supplies of raw materials, financial issues and coronavirus pandemic, all producers are trying to prevent the closure of their enterprises,” Bazarchi stated adding that the lack of stable prices for raw materials, especially metals alongside lack of supply of required parts are the main obstacles to increase home appliance production.
He went on to say that there are rumors of the elimination of the currency allocated at NIMA rate to home appliances' import.
“If this happens, it will cause many problems including growth of prices of home appliances,” he noted. “Eventually, this will reduce production and result in closure of production centers."
The secretary of the association added that increase in the price of steel and petrochemical raw materials is one of the reasons for the home appliances' high prices.
“The government should address the issue and prevent the price growth,” he said.