Peru: Blanket Market 2025

Blanket Market Size in Peru

After six years of growth, the Peruvian blanket market decreased by -16% to $X in 2022. Over the period under review, consumption, however, saw a buoyant increase. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Blanket Exports

Exports from Peru

In 2022, approx. X tons of blankets and traveling rugs (except electric blankets) were exported from Peru; which is down by -12.4% compared with the previous year. In general, exports faced a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, blanket exports fell dramatically to $X in 2022. Over the period under review, exports saw a mild reduction. The growth pace was the most rapid in 2021 with an increase of 86% against the previous year. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

The United States (X tons) was the main destination for blanket exports from Peru, with a 19% share of total exports. Moreover, blanket exports to the United States exceeded the volume sent to the second major destination, Colombia (X tons), fourfold. The third position in this ranking was held by Ecuador (X tons), with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (-27.0% per year) and Ecuador (-25.2% per year).

In value terms, the United States ($X) remains the key foreign market for blankets and traveling rugs (except electric blankets) exports from Peru, comprising 58% of total exports. The second position in the ranking was held by Denmark ($X), with an 8.8% share of total exports. It was followed by Canada, with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+4.1% per year) and Canada (+15.4% per year).

Export Prices by Country

In 2022, the average blanket export price amounted to $X per ton, falling by -12.2% against the previous year. Overall, the export price, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Blanket Imports

Imports into Peru

After six years of growth, overseas purchases of blankets and traveling rugs (except electric blankets) decreased by -14.3% to X tons in 2022. In general, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of X tons, and then reduced in the following year.

In value terms, blanket imports contracted rapidly to $X in 2022. Overall, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of $X, and then shrank sharply in the following year.

Imports by Country

In 2022, China (X tons) was the main blanket supplier to Peru, accounting for a 121% share of total imports. It was followed by Free Zones (X tons), with a 3% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +8.8%.

In value terms, China ($X) constituted the largest supplier of blankets and traveling rugs (except electric blankets) to Peru, comprising 97% of total imports. The second position in the ranking was taken by Free Zones ($X), with a 1.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +6.8%.

Import Prices by Country

The average blanket import price stood at $X per ton in 2022, with a decrease of -2.9% against the previous year. Overall, the import price saw a slight shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 7.5% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Free Zones totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :