Date: 19th February 2020
Iranian economy recovered, following years of recession. The agricultural sector is one of the most important sectors of the Iranian economy, accounting about 11% of GDP, 23% of the employed population and 15% of the foreign exchange revenues from nonoil exports.
Isfahan province in the center of Iran is producing 6 percent of Iran’s total agricultural products. The share of the province in the country’s industry stands at 4.6 percent and with 8500 active industrial units, is ranked FIRST regarding the Investment value of industrial establishments. Isfahan is also promoting 17 projects for FDI, exceeding 290 million euros, in the food and agriculture industries
Relying on the aforesaid advantages and the experience of holding 14 rounds of food industries exhibitions, Isfahan is to host 15th General Exhibition of Food Industries under the brand of INFEX2020 in 19-21 February 2020.
INFEX2020 is to gather the key players in different sectors of Food Processing, Food Packaging, Food Storing, and Food Products to make a reliable source for potential buyers and investors. It will also support the suppliers to penetrate the “Iran after sanction” market.
– Iran is the second largest economy in the MENA region, and also has the second largest population of the region.
– Following two years of recession, the Iranian economy recovered, according to the World Bank.
– Iran has adopted a comprehensive strategy with market-based reforms, visualizing an annual economic growth rate of 8%.
– World Bank believes real GDP of Iran should rise to 5.8% and 6.7% in 2016 and 2017, after sanctions.
– Iran is the biggest producer of Pistachios, Stone Fruit, and Berries, and also the second producer of Walnuts, Dates, Apricots, and Watermelons
– Iran is ranked among the top 5 producers of Cherries, Sour Cherries, Figs, Eggplants, Almonds, and Vegetable.
– About 19% of industrial units (with +50 workers) of Iran, are active in food processing industries, ranking first in total fields.
– About 31% of the production value of industrial units (with 10-49 workers) is produced by food processing industries.
– The country imported over 195 million USD of different food machinery in the last 9 months of 2016.
– About 20% of non-oil exports of Iran is in the food and agriculture sector.
– The value share of food and agricultural imports in non-oil products exceeds 23%.
– About 18% of total investment in Iranian industry is invested in the food industry.
– Iranian agricultural policy supports the production of strategically important crops by purchasing certain crops at guaranteed prices and encouraging the production of specific crops through farm subsidies.
– The government also pays a wide range of subsidies for improvements in production methods, the use of fertilizers and pesticides, and agricultural research.
– The income derived from all agriculture activities are tax exempted for all Iranian and foreigners.
– Isfahan is “The Top” producer of chicken meat, turkey meat, raw milk, warm water fish, and decorative fish in Iran.
– Isfahan is also ranked among the “TOP-5” producers of Apple, pomegranate, red rose, mushroom, egg, ostrich products, honey, and red meat in the country.
– Isfahan is ranked FIRST regarding the Investment value of industrial establishments.
– Isfahan is ranked SECOND regarding the number of industrial establishments and the workforce.
– Isfahan is promoting 17 projects for FDI, exceeding 290 million euros, in the food and agriculture industries.