Peru: Quilted Textile Products Market 2025

Quilted Textile Products Market Size in Peru

For the eighth year in a row, the Peruvian quilted textile products market recorded growth in sales value, which increased by 36% to $X in 2021. In general, consumption enjoyed strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Quilted Textile Products Production in Peru

In value terms, quilted textile products production stood at $X in 2021 estimated in export price. Overall, production continues to indicate a mild slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by 26% against the previous year. Quilted textile products production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Quilted Textile Products Exports

Exports from Peru

In 2021, quilted textile products exports from Peru skyrocketed to X kg, with an increase of 61% on 2020. Overall, exports, however, showed a precipitous descent. The pace of growth appeared the most rapid in 2016 with an increase of 924% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, quilted textile products exports totaled $X in 2021. Over the period under review, exports, however, saw a dramatic curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by 796% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Colombia (X kg), Chile (X kg) and Switzerland (X kg) were the main destinations of quilted textile products exports from Peru, with a combined 99% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, Colombia ($X) emerged as the key foreign market for quilted textile products in the piece (excluding embroidery) exports from Peru, comprising 67% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Colombia totaled -14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (0.0% per year) and Chile (-49.3% per year).

Export Prices by Country

The average quilted textile products export price stood at $X per ton in 2021, reducing by -36.6% against the previous year. Overall, the export price saw a abrupt setback. The growth pace was the most rapid in 2019 an increase of 29% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-1.7%), while the prices for the other major destinations experienced a decline.

Quilted Textile Products Imports

Imports into Peru

In 2021, quilted textile products imports into Peru expanded notably to X tons, growing by 7% against the year before. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 507%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, quilted textile products imports reduced to $X in 2021. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 400%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

In 2021, China (X tons) was the main supplier of quilted textile products to Peru, accounting for a 98% share of total imports. It was followed by Chile (X tons), with a 2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +60.2%.

In value terms, China ($X) constituted the largest supplier of quilted textile products in the piece (excluding embroidery) to Peru, comprising 96% of total imports. The second position in the ranking was held by Chile ($X), with a 3.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +48.9%.

Import Prices by Country

In 2021, the average quilted textile products import price amounted to $X per ton, falling by -14.6% against the previous year. Over the period under review, the import price faced a drastic downturn. The growth pace was the most rapid in 2017 when the average import price increased by 4.5% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Chile ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+0.5%).

Source: IndexBox Platform

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