Polymer Export Revenues Hit $3.3b in Fiscal 2021-22

Polymer exports earned $3.3 billion in the last fiscal year (ended March 20, 2022), accounting for 7% of Iran’s non-oil export revenues, Barmak Qanbarpour, a member of the board of directors of Iran National Plastic and Polymer Industries Association said.
“The figure experienced a 32% growth compared to that of 2020 when it barely stood at $2.5 billion,” the Oil Ministry’s news service also quoted him as saying.
The uptrend in sales was not only because of the rise in petrochemical prices, but was also triggered by the removal of global restrictions related to the Covid-19 pandemic, he added.
The official announced that Iran’s non-oil export revenues hit $48 billion in 2021 and polymer industry accounted for 7% of the turnover.