Peru: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2025

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Peru

The Peruvian knitted shawl and scarf market skyrocketed to $X in 2022, jumping by 25% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Peru

In value terms, knitted shawl and scarf production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the production volume increased by 40% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports from Peru

In 2022, overseas shipments of shawls, scarves and the like of knitted or crocheted textiles increased by 6.8% to X units, rising for the second year in a row after six years of decline. Over the period under review, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, knitted shawl and scarf exports dropped to $X in 2022. In general, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 40%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for knitted shawl and scarf exports from Peru, accounting for a 41% share of total exports. Moreover, knitted shawl and scarf exports to the United States exceeded the volume sent to the second major destination, Chile (X units), twofold. The third position in this ranking was held by Germany (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at -6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-10.4% per year) and Germany (-4.5% per year).

In value terms, the United States ($X), Germany ($X) and France ($X) were the largest markets for knitted shawl and scarf exported from Peru worldwide, with a combined 76% share of total exports. Estonia, Canada, Switzerland, Japan, the UK, Chile, Colombia, Australia, Ecuador and Mexico lagged somewhat behind, together comprising a further 14%.

Estonia, with a CAGR of +51.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average knitted shawl and scarf export price stood at $X per unit in 2022, falling by -19.8% against the previous year. In general, the export price, however, continues to indicate a noticeable increase. The growth pace was the most rapid in 2015 an increase of 50% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports into Peru

Knitted shawl and scarf imports into Peru amounted to X units in 2022, with an increase of 12% compared with the previous year. Overall, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.5% against 2020 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 52%. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, knitted shawl and scarf imports surged to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 58% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of knitted shawl and scarf to Peru, with a approx. 98% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +2.4%.

In value terms, China ($X) constituted the largest supplier of shawls, scarves and the like of knitted or crocheted textiles to Peru.

From 2012 to 2022, the average annual growth rate of value from China totaled +2.3%.

Import Prices by Country

The average knitted shawl and scarf import price stood at $X per unit in 2022, increasing by 20% against the previous year. In general, the import price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 20% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.1% per year.

Source: IndexBox Platform

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