Shahrvand quotes Kantar Media Philippines, a market research agency and writes, the largest consumers of chewing gum in the world are Iran (80% of population), Saudi Arabia (79% of population) and the USA (59% of population). The report estimates the value of Iran’s chewing gum market as 15 trillion IRRs, 75% of which are smuggled into the country. On the other hand, official reports from the customs agency only indicate 0.5% imports of chewing gum into the country mainly from the UAE, Russia, Turkey and Italy. Shahrvand writes that one of the reasons for the popularity of chewing gum among Iranians may be the fact that many shops use gum as spare change.
Iron ore to be offered on Iran Mercantile Exchange from the end of January. From February 2017, local iron ore producers can use Mercantile Exchange instruments such as futures and forward contracts to sell their […]
Taddol writes that the Secretary of the Automotive-Parts Manufacturers Association, Arash Mohebbinejad believes that illegal imports as well as the imbalance between automotive imports and parts imports can lead to 50% of part manufacturers shutting […]