Report Update: Apr 1, 2024

Peru - Braces, Suspenders And Garters - Market Analysis, Forecast, Size, Trends And Insights

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Braces and Garters Price in Peru - 2021

Braces and Garters Price in Peru (CIF) - 2022

In 2022, the average braces and garters import price amounted to $1 per unit, picking up by 14% against the previous year. Overall, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 an increase of 14% against the previous year. Over the period under review, average import prices reached the peak figure at $1.6 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($4.7 per unit), while the price for China ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Braces and Garters Price in Peru (FOB) - 2022

The average braces and garters export price stood at $3.1 per unit in 2022, standing approx. at the previous year. In general, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 121%. Over the period under review, the average export prices reached the maximum at $6.5 per unit in 2012; however, from 2013 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 Venezuela ($6.9 per unit), while the average price for exports to Chile ($0.5 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 Venezuela (+0.7%), while the prices for the other major destinations experienced a decline.

Braces and Garters Imports in Peru

In 2022, after two years of decline, there was significant growth in overseas purchases of braces, suspenders and garters, when their volume increased by 69% to 939K units. Overall, imports, however, showed a dramatic setback. Over the period under review, imports hit record highs at 1.9M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, braces and garters imports soared to $955K in 2022. Over the period under review, imports, however, recorded a deep contraction. Over the period under review, imports attained the maximum at $1.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Braces and Garters in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	966	1,102	426	792	-6.4%
Colombia	500	195	41.9	101	-41.3%
Brazil	115	50.6	7.2	22.5	-41.9%
Others	63.1	65.2	22.0	39.4	-14.5%
Total	1,644	1,412	497	955	-16.6%

Top Suppliers of Braces and Garters to Peru in 2022:

China (905.3K units)
Colombia (21.6K units)
Brazil (8.0K units)

Braces and Garters Exports in Peru

In 2022, the amount of braces, suspenders and garters exported from Peru dropped dramatically to 107K units, waning by -44.1% against 2021. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 748% against the previous year. As a result, the exports attained the peak of 192K units, and then dropped notably in the following year.

In value terms, braces and garters exports dropped markedly to $329K in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 743% against the previous year. As a result, the exports attained the peak of $588K, and then shrank rapidly in the following year.

Export of Braces and Garters in Peru (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	49.2	43.5	528	310	84.7%
Chile	25.4	13.0	2.8	7.9	-32.2%
Colombia	46.7	N/A	40.3	N/A	-7.1%
Others	28.6	13.3	17.5	11.6	-26.0%
Total	150	69.8	588	329	29.9%

Top Export Markets for Braces and Garters from Peru in 2022:

United States (89.7K units)
Chile (15.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the braces and garters 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 14142570 - Braces, suspenders, garters and similar articles and parts thereof

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