Peru: Electric Hair Dryer Market 2025

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) :