Peru: Textile Flock Market 2024

Textile Flock Market Size in Peru

The Peruvian textile flock market fell to $X in 2022, approximately reflecting the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Textile flock consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Textile Flock Production in Peru

In value terms, textile flock production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Textile Flock Exports

Exports from Peru

In 2022, overseas shipments of textile flock and dust and mill neps decreased by X% to X kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, textile flock exports amounted to $X in 2022. In general, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for textile flock exports from Peru, accounting for a X% share of total exports. Moreover, textile flock exports to Germany exceeded the volume sent to the second major destination, Ecuador (X kg), fourfold. The UK (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and the UK (X% per year).

It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (X% per year) and the UK (X% per year).

Export Prices by Country

The average textile flock export price stood at $X per ton in 2022, approximately equating the previous year. In general, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (X%), while the prices for the other major destinations experienced mixed trend patterns.

Textile Flock Imports

Imports into Peru

Textile flock imports into Peru declined markedly to X tons in 2022, with a decrease of X% on the previous year. Overall, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, textile flock imports reduced remarkably to $X in 2022. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest textile flock supplier to Peru, with a X% share of total imports. Moreover, textile flock imports from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of textile flock and dust and mill neps to Peru, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by China, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and China (X% per year).

Import Prices by Country

The average textile flock import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price, however, recorded a noticeable contraction. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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