Iran had 29,170 active industrial workshops with more than 10 workers in the year ending March 2019, indicating a 3.8% decline compared with the year before.
According to a new report released by the Statistical Center of Iran, a total of 23,060 workshops (79.1%) had between 10-49 workers and 6,110 workshops (20.9%) had 50 workers or more.
The number of workshops with 10-49 workers decreased by 4.6% and the number of workshops with more than 50 workers declined by 0.1% compared with the year ending March 2018.
There were 3,750 nonoperational industrial workshops with more than 10 workers in the year ending March 2019 compared with 4,035 in the year ending March 2018.
The percentage of nonoperational workers was 10.6% in the year ending March 2019, indicating a 0.24% decrease compared with the year before.
There were 2,615 operational industrial workshops whose workers decreased from more than 10 to fewer than 10 in the year ending March 2019 and 2,929 in the year ending March 2018.
The percentage of operational industrial workshops with fewer than 10 workers was 4.7% in the year ending March 2019 and 9.7% in the year ending March 2018.
A total of 1,733,789 people worked in industrial workshops with 10 workers or more in the year ending March 2019, indicating a 5.2% decrease compared to the year before. Of the total figure, 26.8% were employed in workshops with 10-49 workers and 73.2% in workshops with 50 or more workers.
Industrial workshops with more than 10 workers generated 2,833 trillion rials ($11.1 billion) in added value in the year ending March 2019, showing a 2.44% increase year-on-year. Of the total figure, 14.8% were created by workshops with 10-49 workers and 85.2% by workshops with 50 workers or more.
Investment in industrial workshops with more than 10 workers stood at 639.72 trillion rials ($2.5 billion) in the year ending March 2019, registering a 148.6% increase year-on-year. Of the total investment, 6.5% were made in workshops with 10-49 workers and 93.5% in workshops with 50 or more workers.
H1 Industrial Production Index Grows by 6.8%
Most Iranian industries were on the path to growth during the second quarter of the current fiscal year (June 21-Sept. 21), according to the latest data on Industrial Production Index for large industrial units disclosed by Peyman Qorbani, a senior official with the Central Bank of Iran.
The three-month period saw IPI grow by 11.9% compared with the corresponding period of last year.
Noting that 70% of the added value of the industrial sector come from large industrial workshops with more than 100 workers, the official said, “The rise in Q2 Industrial Production Index resulted in a 6.8% growth of the index in the first half of the current year [March 20-Sept. 21].”
The central bank calculates IPI using data of large units with 100 workers or more operating in 24 industries.
According to the official, 21 out of 24 industries experienced positive growth in Q2.
“During the first quarter of the current fiscal year, 13 industries registered negative growth and 16 groups experienced contractions in Q2 of last year,” he was quoted as saying by CBI’s news portal.
IPI is an economic indicator measuring real output in various industries, with industrial production and capacity levels expressed as an index level relative to a base year, which the CBI considers to be the fiscal 2015-16, standing at 100.
In other words, the index does not express absolute production volumes or values, but the percentage change in production relative to that year.
Growth in Output of 17 Industrial Products
The Ministry of Industries, Mining and Trade's latest report reviewing the first seven months of the current Iranian year (March 20-Oct. 21) show that 17 industrial products (out of 29 under review) registered growth during the period compared with the similar period of the year before.
A total of 2,600 tons of acrylic fiber were produced during the period, indicating a 243.7% rise compared with last year’s corresponding period.
Television production stood at 732,800 sets and registered a year-on-year increase of 70.8%.
Production of washing machines rose by 55.8% to reach 559,900 machines.
A total of 347,000 combine harvesters were produced during the period under review, indicating a 42.8% YOY increase.
More than 155,600 tons of auto tires were produced over the seven months, indicating a 28.2% growth compared with last year’s similar period.
Synthetic fiber production rose by 25% YOY to stand at 154,800 tons.
The output of refrigerators and freezers went up by 24.3% to reach more than 1.16 million.
The production of pickup trucks totaled 46,797, up by 22.7% compared with the first seven months of last year and that of passenger vehicles reached 483,900, registering a 21.7% rise YOY.
That of carbon black amounted to a total of 79,400 tons, up 14.9% YOY; particle boards 467,300 cubic meters, up 14% YOY; industrial and motor oil stood at 381,600 tons, up 12.5% YOY; petrochemical products at 35.6 million tons, up 8.4% YOY; tractors at 11,273, up 4.6% YOY; human medicine at 27.8 billion items, up 4.2% YOY; detergent powder at 371.800 tons, up 3.5% YOY; and fibers at 907,000 cubic meters, up 1.6% YOY.
