News ID: 122539
Published: 0842 GMT July 15, 2015

Carpet exports, particularly to US, to increase in post-sanctions era

Carpet exports, particularly to US, to increase in post-sanctions era

Following the release of Joint Comprehensive Plan of Action between Iran and the P5+1, carpet exports, particularly to the US, will show an upward trend.

Hamid Kargar, the head of Iran National Carpet Center, said on Wednesday the growing trend will accelerate once a careful market study is conducted, IRNA reported.

"The five-year absence of Iranian carpets from the US market has led to its replacement by Indian carpets thus further complicating the return of Iranian carpets to the that market."

He stressed that one cannot expect that  the former 20-percent share ($100 million) of exports to the US market will be regained immediately following the implementation of the nuclear pact.

"Iranian exporters are required to conduct new studies of the US market and the changes in customers' preferences so that the carpets meet those specifications. They also have to evaluate our rivals' positions in that market so that exports can be increased significantly in 2016."

Kargar added the direct restriction imposed on Iran's carpet exports to the US in 2010, completely cut off the access of customers in that country to Iranian carpet.

"Until 2009, the US ranked first among the customers of Iranian carpets accounting for 16.5 percent ($82 million) of Iranian exports."

He noted that embargoes also indirectly harmed carpet exports by raising the insurance and transportation costs and increasing exports risks.

Earlier, Kargar said Iran exports $500 million worth of hand-woven carpets to 80 countries each year.

He noted that in view of their historical background and well-known brand, Iranian hand-woven carpet is appreciated worldwide.

"Dexterity in weaving and perfect designs make Iranian carpets far better than their international rivals."

Kargar said European, East Asian and Persian Gulf states are the major importers of Iranian carpets. "About 1 million people are involved in the industry across the country," he noted.

Persian rugs are highly sought for their intricate designs and skilled craftsmanship.

   
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Resource: IRNA
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