Peru: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Peru

The Peruvian textile industry finishing agents market expanded significantly to $X in 2022, surging by X% 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). Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Exports of Finishing Agents Used In The Textile Industry

Exports from Peru

In 2022, shipments abroad of finishing agents used in the textile industry increased by X% to X tons, rising for the third consecutive year after two years of decline. Overall, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, textile industry finishing agents exports soared to $X in 2022. In general, exports continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Bolivia (X tons) was the main destination for textile industry finishing agents exports from Peru, accounting for a X% share of total exports. Moreover, textile industry finishing agents exports to Bolivia exceeded the volume sent to the second major destination, Colombia (X tons), fivefold. The third position in this ranking was held by Ecuador (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Ecuador (X% per year).

In value terms, Bolivia ($X) remains the key foreign market for finishing agents used in the textile industry exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by El Salvador, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bolivia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and El Salvador (X% per year).

Export Prices by Country

The average textile industry finishing agents export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was El Salvador ($X per ton), while the average price for exports to Ecuador ($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 Honduras (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Finishing Agents Used In The Textile Industry

Imports into Peru

In 2022, the amount of finishing agents used in the textile industry imported into Peru reduced modestly to X tons, which is down by X% on the previous year. Overall, total imports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, textile industry finishing agents imports reached $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Mexico (X tons), Colombia (X tons) and Germany (X tons) were the main suppliers of textile industry finishing agents imports to Peru, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest textile industry finishing agents suppliers to Peru were Mexico ($X), Colombia ($X) and Germany ($X), with a combined X% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average textile industry finishing agents import price amounted to $X per ton, surging by X% against the previous year. In general, the import price, however, showed a mild descent. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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