Peru: Textile Relling Machine Market 2025

Textile Relling Machine Market Size in Peru

The Peruvian textile relling machine market reduced markedly to $X in 2021, shrinking by -21.7% 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, consumption, however, recorded a resilient increase. Textile relling machine consumption peaked at $X in 2020, and then declined rapidly in the following year.

Textile Relling Machine Exports

Exports from Peru

In 2021, exports of machines for reeling, unreeling or textile fabrics from Peru dropped rapidly to X units, with a decrease of -21.7% against the year before. Overall, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2020 with an increase of 667%. As a result, the exports attained the peak of X units, and then reduced sharply in the following year.

In value terms, textile relling machine exports reduced dramatically to $X in 2021. In general, exports faced a abrupt setback. The growth pace was the most rapid in 2015 when exports increased by 67,406% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X units) was the main destination for textile relling machine exports from Peru, accounting for a 67% share of total exports. Moreover, textile relling machine exports to Ecuador exceeded the volume sent to the second major destination, Guatemala (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Ecuador amounted to +42.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+22.0% per year) and Bolivia (+10.7% per year).

In value terms, Ecuador ($X), Guatemala ($X) and Argentina ($X) were the largest markets for textile relling machine exported from Peru worldwide, together comprising 58% of total exports.

Among the main countries of destination, Ecuador, with a CAGR of +54.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average textile relling machine export price amounted to $X per unit, surging by 5.8% against the previous year. In general, the export price, however, recorded a dramatic decline. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Argentina ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+27.6%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Relling Machine Imports

Imports into Peru

In 2021, the amount of machines for reeling, unreeling or textile fabrics imported into Peru dropped remarkably to X units, waning by -28.3% compared with the previous year's figure. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 118%. As a result, imports attained the peak of X units, and then fell markedly in the following year.

In value terms, textile relling machine imports shrank slightly to $X in 2021. In general, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.6% 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 -18.0% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 86%. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of textile relling machine to Peru, accounting for a 76% share of total imports. Moreover, textile relling machine imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +24.9%.

In value terms, China ($X) constituted the largest supplier of machines for reeling, unreeling or textile fabrics to Peru, comprising 34% of total imports. The second position in the ranking was taken by Belgium ($X), with a 2.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +3.3%.

Import Prices by Country

The average textile relling machine import price stood at $X per unit in 2021, with an increase of 37% against the previous year. In general, the import price, however, saw a abrupt decline. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-17.3%).

Source: IndexBox Platform

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