Report Update Nov 1, 2024

Peru - Silk Yarn and Yarn Spun From Silk Waste - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Silk Yarn Market 2024

Silk Yarn Market Size in Peru

After two years of decline, the Peruvian silk yarn market increased by 5% to $X in 2021. Over the period under review, consumption, however, showed a abrupt downturn. Silk yarn consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Silk Yarn Production in Peru

In value terms, silk yarn production amounted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of 19% against the previous year. Silk yarn production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Silk Yarn Exports

Exports from Peru

In 2021, approx. X tons of silk yarn and yarn spun from silk waste were exported from Peru; increasing by 96% against 2020 figures. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2015 with an increase of 801% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, silk yarn exports surged to $X in 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 734%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for silk yarn exports from Peru, with a 41% share of total exports. Moreover, silk yarn exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was taken by Canada (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +53.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+87.6% per year) and Canada (+41.0% per year).

In value terms, the United States ($X), the UK ($X) and Canada ($X) constituted the largest markets for silk yarn exported from Peru worldwide, together comprising 81% of total exports.

Among the main countries of destination, the UK, with a CAGR of +84.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average silk yarn export price stood at $X per ton in 2021, shrinking by -16.7% against the previous year. Over the period under review, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 61% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then fell dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Ireland ($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 Canada (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Silk Yarn Imports

Imports into Peru

After three years of growth, purchases abroad of silk yarn and yarn spun from silk waste decreased by -1.1% to X tons in 2021. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 187% against the previous year. Imports peaked at X tons in 2020, and then declined in the following year.

In value terms, silk yarn imports totaled $X in 2021. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2013 when imports increased by 220%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest silk yarn supplier to Peru, accounting for a 85% share of total imports. Moreover, silk yarn imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +23.2%.

In value terms, China ($X) constituted the largest supplier of silk yarn and yarn spun from silk waste to Peru, comprising 85% of total imports. The second position in the ranking was held by Italy ($X), with a 7.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +30.6%.

Import Prices by Country

In 2021, the average silk yarn import price amounted to $X per ton, surging by 1.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2013 when the average import price increased by 11%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($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 China (+6.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silk yarn and yarn spun from silk waste in the world?

The countries with the highest volumes of silk yarn consumption in 2020 were India, Vietnam and China, together comprising 62% of global consumption.

What are the largest producers of silk yarn and yarn spun from silk waste in the world?

The countries with the highest volumes of silk yarn production in 2020 were India, Vietnam and China, with a combined 63% share of global production.

What are the leading suppliers of silk yarn and yarn spun from silk waste to Peru?

In value terms, China constituted the largest supplier of silk yarn to Peru, comprising 91% of total imports. The second position in the ranking was occupied by Italy, with a 3.6% share of total imports.

What are the leading importers of silk yarn and yarn spun from silk waste from Peru?

In value terms, the United States remains the key foreign market for silk yarn exports from Peru, comprising 48% of total exports. The second position in the ranking was occupied by the UK, with a 20% share of total exports. It was followed by China, with a 13% share.

What is the average export price for silk yarn and yarn spun from silk waste in Peru?

The average silk yarn export price stood at $76,906 per ton in 2020, shrinking by -3.4% against the previous year.

What is the average import price for silk yarn and yarn spun from silk waste in Peru?

In 2020, the average silk yarn import price amounted to $54,494 per ton, waning by -11.1% against the previous year.

This report provides an in-depth analysis of the silk yarn market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13104010 - Silk yarn, n.p.r.s. (excluding spun from silk waste)
Prodcom 13104030 - Yarn spun from silk waste, n.p.r.s.
Prodcom 13104050 - Silk yarn and silk waste yarn, p.r.s., silk-worm gut

Country coverage:

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023