- Iran has a population of 72 million people and an area of 1.6 million square kilometers, with a GDP per capita of $7,700. There are 550,000 diesel trucks and 8.4 million passenger cars in the country.
- In 2006, Iran's total lubricant market size was 754,000 metric tons, including 640,000 metric tons of engine oil and 18,000 metric tons of grease. Domestic engine oil brands dominate the market.
- Major international lubricant brands like Total, Shell, and Castrol have a presence in Iran through blending plants and joint ventures with local companies.
2. Iran - General • Population: 72 Millions • Area: 1,648,195 sq km • GDP - per capita: PPP - $7,700 (2006 est.) • No of Diesel Trucks: 550,000 • No of Passenger Cars: 8,400,000 • The annual growth rate of trucks is about 12/000units. • From 1990 onwards the Consumption of Multigrades is increasing ( 20W50 , 10W40, 15W40 are main Grades).
3. Market Overview - Iran Total Market Size (2006) :754,000 MT Grease :18,000 MT (Mainly Ca & Li Base) Engine Oils :640,000 MT (460,000 MT DEO, 180,000 MT PCMO) Industrial Oils :99,000 MT (Hydraulics, Metalworking, Gear, Turbine, Compressor, Transformer,…) Total Finished Oils Export : Around 5000 MT/Y