EghtesadOnline: Atotal of 92,947 tons of bananas were produced on 4,838 hectares during the last Iranian year (March 2019-20), which only meet 20% of domestic demand for this tropical fruit, according to Mohammad Mehdi Boroumandi, an official with the Agriculture Ministry.
EghtesadOnline: Domestic tea industry meets 30% of local demand, generates $10 million per year and its annual turnover hovers around 20,000 billion rials ($83 million), says Habib Jahansaz, the head of Tea Organization of Iran.
EghtesadOnline: Iran’s tissue production capacity is twice as much as the country’s demand and the surplus production is being exported, says the head of Tissue Producers Association, Abbas Khoshgard.
EghtesadOnline: Iran meets around 98% of its domestic demand for hybrid vegetable seed through imports that cost the country between $95-110 million per year, according to a recent report published by Majlis Research Center.
EghtesadOnline; Domestic demand for wheat in Iran currently amounts to 12 million tons per year, according to CEO of the National Foundation of Elite Farmers Ali Khan-Mohammadi.
EghtesadOnline: Domestic demand for cotton stands at 120,000 to 130,000 tons per year in Iran and between 60,000 and 65,000 tons of which are expected to be produced domestically in the current fiscal year (started March 21).
EghtesadOnline: Jajarm Aluminum Complex has become operational and added 40,000 tons to the capacity of Iran's annual aluminum ingot production.
EghtesadOnline: Around $80 billion worth of agricultural products are produced in Iran every year, $75 billion of which are consumed inside the country, the agriculture minister said.
EghtesadOnline: Energy Minister Reza Ardakanian said on Tuesday Iran has cut power export to Iraq so as to meet its rising domestic demand.