Peru: Ski-Suit Market 2025

Ski-Suit Market Size in Peru

In 2021, the Peruvian ski-suit market decreased by -6.8% to $X, falling for the sixth year in a row after two years of growth. In general, consumption, however, recorded a abrupt decline. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Ski-Suit Production in Peru

In value terms, ski-suit production fell to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2015 when the production volume increased by 245%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Ski-Suit Exports

Exports from Peru

In 2021, the amount of ski-suits (excluding of knitted or crocheted textiles) exported from Peru soared to X units, growing by 313% on the year before. Over the period under review, exports enjoyed a strong expansion. The growth pace was the most rapid in 2014 when exports increased by 424% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, ski-suit exports surged to $X in 2021. In general, exports saw a prominent increase. The pace of growth was the most pronounced in 2014 when exports increased by 610% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units), Cuba (X units) and Panama (X units) were the main destinations of ski-suit exports from Peru, together comprising 79% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cuba (with a CAGR of +27.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Panama ($X) and Cuba ($X) were the largest markets for ski-suit exported from Peru worldwide, with a combined 92% share of total exports. These countries were followed by the Dominican Republic and Chile, which together accounted for a further 8%.

In terms of the main countries of destination, the Dominican Republic, with a CAGR of +142.9%, 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 ski-suit export price stood at $X per unit in 2021, reducing by -30.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 40%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Panama ($X per unit), while the average price for exports to Chile ($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 Belize (+341.3%), while the prices for the other major destinations experienced more modest paces of growth.

Ski-Suit Imports

Imports into Peru

Ski-suit imports into Peru dropped to X units in 2021, shrinking by -11.4% compared with the year before. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of 193%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, ski-suit imports fell to $X in 2021. Overall, imports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 237% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest ski-suit supplier to Peru, accounting for a 86% share of total imports. Moreover, ski-suit imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), more than tenfold. India (X units) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+21.2% per year) and India (+50.2% per year).

In value terms, China ($X) constituted the largest supplier of ski-suits (excluding of knitted or crocheted textiles) to Peru, comprising 53% of total imports. The second position in the ranking was held by the United States ($X), with a 23% share of total imports. It was followed by Bangladesh, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+35.1% per year) and Bangladesh (+17.4% per year).

Import Prices by Country

The average ski-suit import price stood at $X per unit in 2021, falling by -3.1% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ski-suit import price increased by +7.3% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 60%. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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