TEHRAN, Iran, Oct. 14
Trend:
Iran's tobacco exports to CIS countries have increased, Trend reports citing ILNA.
Iranian Tobacco Company boosted the export of domestically produced tobacco since the beginning of the current Iranian year (started on March 21).
Iran has 39 tobacco and 23 cigarette production companies. The number of cigarette manufacturers in Iran increased from seven companies with an annual output of 29 billion cigarettes in the year ending March 2015 to 23 companies with an annual output of 55 billion in the year ending March 2020.
The ILNA report has put the total turnover of tobacco industry in Iran at over $1 billion, last year.
Iranian Tobacco Company has 81 production lines and is capable of producing 40 billion cigarettes annually to meet 50 percent of market demand.
The company purchases tobacco from 15,000 farmers.