Report Update Nov 1, 2024

Peru - Electric Hair Dryers - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Electric Hair Dryer Market 2024

Electric Hair Dryer Market Size in Peru

The Peruvian electric hair dryer market soared to $X in 2021, growing by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +99.9% against 2016 indices. Electric hair dryer consumption peaked in 2021 and is expected to retain growth in the near future.

Electric Hair Dryer Exports

Exports from Peru

In 2021, approx. X units of electric hair dryers were exported from Peru; reducing by -35.8% compared with 2020. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 5,146%. As a result, the exports reached the peak of X units, and then declined remarkably in the following year.

In value terms, electric hair dryer exports dropped to $X in 2021. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,748%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Bolivia (X units) was the main destination for electric hair dryer exports from Peru, with a 67% share of total exports. Moreover, electric hair dryer exports to Bolivia exceeded the volume sent to the second major destination, Chile (X units), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bolivia amounted to +44.7%.

In value terms, Chile ($X) remains the key foreign market for electric hair dryers exports from Peru, comprising 72% of total exports. The second position in the ranking was taken by Bolivia ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Chile totaled +20.3%.

Export Prices by Country

The average electric hair dryer export price stood at $X per unit in 2021, jumping by 33% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electric hair dryer export price decreased by -2.6% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 42% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Chile ($X per unit), while the average price for exports to Bolivia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+16.0%).

Electric Hair Dryer Imports

Imports into Peru

Electric hair dryer imports into Peru soared to X units in 2021, increasing by 19% against the previous year. In general, imports saw buoyant growth. The growth pace was the most rapid in 2018 with an increase of 30% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, electric hair dryer imports stood at $X in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -6.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 61% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of electric hair dryer to Peru, accounting for a 97% share of total imports. It was followed by Italy (X units), with a 2.2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +12.5%.

In value terms, China ($X) constituted the largest supplier of electric hair dryers to Peru, comprising 83% of total imports. The second position in the ranking was taken by Italy ($X), with a 9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +7.0%.

Import Prices by Country

In 2021, the average electric hair dryer import price amounted to $X per unit, falling by -5.9% against the previous year. In general, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 56% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-4.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric hair dryers in the world?

The country with the largest volume of electric hair dryer consumption was the United States, comprising approx. 26% of total volume. Moreover, electric hair dryer consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. Malaysia ranked third in terms of total consumption with a 6.5% share.

What are the largest producers of electric hair dryers in the world?

The country with the largest volume of electric hair dryer production was China, accounting for 50% of total volume. Moreover, electric hair dryer production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by Malaysia, with a 6.8% share.

What are the leading suppliers of electric hair dryers to Peru?

In value terms, China constituted the largest supplier of electric hair dryer to Peru, comprising 78% of total imports. The second position in the ranking was occupied by Italy, with a 16% share of total imports.

What are the leading importers of electric hair dryers from Peru?

In value terms, Bolivia remains the key foreign market for electric hair dryer exports from Peru.

What is the average export price for electric hair dryers in Peru?

In 2021, the average electric hair dryer export price amounted to $19 per unit, waning by -16.8% against the previous year.

What is the average import price for electric hair dryers in Peru?

The average electric hair dryer import price stood at $5.9 per unit in 2021, picking up by 5.2% against the previous year.

This report provides an in-depth analysis of the electric hair dryer market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27512310 - Electric hair dryers

Country coverage:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023