Peru: Non-Knitted Women Apparel Market 2022

Non-Knitted Women Apparel Market Size in Peru

In 2021, the Peruvian non-knitted women apparel market decreased by -X% to $X, falling for the second year in a row after three years of growth. Overall, consumption, however, enjoyed a buoyant increase. Non-knitted women apparel consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Non-Knitted Women Apparel Production in Peru

In value terms, non-knitted women apparel production reached $X in 2021 estimated in export price. In general, production enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Non-Knitted Women Apparel Exports

Exports from Peru

In 2021, the amount of women's or girls' clothing (not knitted or crocheted) exported from Peru soared to X units, with an increase of X% on 2020. In general, exports, however, continue to indicate a mild decline. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-knitted women apparel exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced shrinkage. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units), Chile (X units) and Ecuador (X units) were the main destinations of non-knitted women apparel exports from Peru, together accounting for X% of total exports. These countries were followed by Mexico, Cuba, Colombia, Costa Rica, Bolivia and France, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bolivia (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for non-knitted women apparel exports from Peru, comprising X% of total exports. The second position in the ranking was held by Chile ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (+X% per year) and Mexico (+X% per year).

Export Prices by Country

In 2021, the average non-knitted women apparel export price amounted to $X per unit, shrinking by -X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the the average export prices failed to regain momentum.

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

Non-Knitted Women Apparel Imports

Imports into Peru

In 2021, purchases abroad of women's or girls' clothing (not knitted or crocheted) decreased by -X% to X units, falling for the second consecutive year after five years of growth. Overall, imports, however, recorded a measured increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, non-knitted women apparel imports reduced markedly to $X in 2021. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of non-knitted women apparel to Peru, accounting for a X% share of total imports. Moreover, non-knitted women apparel imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), eightfold. India (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of non-knitted women apparel to Peru, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

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

Import Prices by Country

The average non-knitted women apparel import price stood at $X per unit in 2021, increasing by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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