The spare parts market is facing a more serious challenge these days than smuggling and low-quality parts, and that is rising prices. An increase that, in addition to reducing purchasing power, could have socially irreversible effects, but still occurred in this market due to import restrictions stemming from the corona as well as a dramatic increase in the currency.
Khodrocar - Recently, there has been a shortage of spare parts in the spare parts market by activists in this field, and emphasis has been placed on addressing this challenge by relying on re-import licenses.
Activists in the spare parts market believed that if this trend continues, we will see a shortage of parts in the market while the prices increase exponentially, which will become more serious in imported cars.
At the same time, due to the lack of imports and parts in the market, we saw an increase in the smuggling of spare parts, and the union of spare parts sellers also announced its readiness to combat smuggling. Meanwhile, low-quality parts were able to enter the market. He attributed the challenges to the shortage of parts in the market.
However, in a situation where the price of cars is declining, the price of parts has increased.
"At the beginning of this year, due to the closure of the borders, a smaller number of parts entered the country, which led to a 20% increase in the price of parts.” Seyed Mehdi Kazemi, speaker of spare part sellers association told khodrocar reporter.
"In the first months of this year, we issued the necessary warnings about the shortage of parts due to the import ban. Meanwhile, the increase in the price of the dollar had also caused serious challenges to the ordering of parts, while the previous ordering was done with 11 thousand tomans of dollars, but due to the corona, the import of those parts was not allowed, which led to problems in the spare parts market.” He added.
"This situation has caused the increase in the price of parts in the market to reach 70% and now we are witnessing an increase in the price of all parts in the market.” He said.
"We are currently facing a severe shortage of some goods, so if the goods are not cleared, the spare parts market will soon face many problems.” He said.
"The prices of some goods have increased by 50% compared to the previous quarter and by 70% compared to the previous quarter due to the shortage and increase in the exchange rate. This increase is mostly related to imported goods and domestic spare parts have experienced a 20 to 30% price increase.” He told.
"Stability of the exchange rate and its reduction can be very effective in the equipment market because about 50% of the needs of producers are met through imports, and the exchange rate and its reduction can have a significant impact on the cost price.” He said.
Activists in the spare parts market believed that if this trend continues, we will see a shortage of parts in the market while the prices increase exponentially, which will become more serious in imported cars.
At the same time, due to the lack of imports and parts in the market, we saw an increase in the smuggling of spare parts, and the union of spare parts sellers also announced its readiness to combat smuggling. Meanwhile, low-quality parts were able to enter the market. He attributed the challenges to the shortage of parts in the market.
However, in a situation where the price of cars is declining, the price of parts has increased.
"At the beginning of this year, due to the closure of the borders, a smaller number of parts entered the country, which led to a 20% increase in the price of parts.” Seyed Mehdi Kazemi, speaker of spare part sellers association told khodrocar reporter.
"In the first months of this year, we issued the necessary warnings about the shortage of parts due to the import ban. Meanwhile, the increase in the price of the dollar had also caused serious challenges to the ordering of parts, while the previous ordering was done with 11 thousand tomans of dollars, but due to the corona, the import of those parts was not allowed, which led to problems in the spare parts market.” He added.
"This situation has caused the increase in the price of parts in the market to reach 70% and now we are witnessing an increase in the price of all parts in the market.” He said.
"We are currently facing a severe shortage of some goods, so if the goods are not cleared, the spare parts market will soon face many problems.” He said.
"The prices of some goods have increased by 50% compared to the previous quarter and by 70% compared to the previous quarter due to the shortage and increase in the exchange rate. This increase is mostly related to imported goods and domestic spare parts have experienced a 20 to 30% price increase.” He told.
"Stability of the exchange rate and its reduction can be very effective in the equipment market because about 50% of the needs of producers are met through imports, and the exchange rate and its reduction can have a significant impact on the cost price.” He said.
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