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Investor Relations
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FinancialNews
07-07-21
Number of cigarette producers in Iran increases from 7 companies to 23 companies
(MENAFN)IRIB quoted Head of Iran Headquarters for Combating the Smuggling of Commodities and Foreign Currency as saying that 90 percent of the cigarettes consumed in the country are produced domestically.
Ali Moayedi Khorramabadi further stated that “Smuggled cigarettes account for only about 10 percent of the market and with the activities of the headquarters in recent years, according to last year's statistics, 90 percent of the country's cigarettes are now produced domestically.”
Iran has 39 tobacco and 23 cigarette production companies, the official data stated.
The number of cigarette producers in Iran rose from seven companies with a yearly output of 29 billion cigarettes in the year ending March 2015 to 23 companies with a yearly output of 55 billion in the year ending March 2020.
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