Price for Embroidery; in the Piece, in Strips or in Motifs in Peru - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Peru (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Peru (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Peru
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Peru
Price for Embroidery; in the Piece, in Strips or in Motifs in Peru (CIF) - 2022
The average import price for embroidery; in the piece, in strips or in motifses stood at $10,643 per ton in 2022, growing by 38% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.2% per year.
Price for Embroidery; in the Piece, in Strips or in Motifs in Peru (FOB) - 2022
In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $130,577 per ton, standing approx. at the previous year. Overall, the export price showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices attained the peak figure at $248,479 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($506,859 per ton), while the average price for exports to Chile ($5,083 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 Guatemala (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Peru
In 2022, overseas purchases of embroidery; in the piece, in strips or in motifses increased by 110% to 897 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, imports of embroidery; in the piece, in strips or in motifses soared to $9.5M in 2022. Over the period under review, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Peru (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 2.9 | 3.0 | 8.8 | 7.9% |
| South Korea | 0.7 | 0.1 | 0.1 | 0.4 | -17.0% |
| Others | 0.2 | 0.3 | 0.2 | 0.3 | 14.5% |
| Total | 8.0 | 3.3 | 3.3 | 9.5 | 5.9% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Peru in 2022:
- China (874.0 tons)
- South Korea (12.4 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Peru
In 2022, approx. 7 tons of embroidery; in the piece, in strips or in motifses were exported from Peru; jumping by 26% against 2021 figures. Overall, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.5% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 68%. As a result, the exports attained the peak of 7.8 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of embroidery; in the piece, in strips or in motifses surged to $917K in 2022. The total export value increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29%. Over the period under review, the exports of embroidery; in piece, in strips or in motifses hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 359 | 375 | 290 | 354 | -0.5% |
| Ecuador | 4.1 | 30.6 | N/A | 144 | 227.5% |
| Argentina | 7.6 | 7.1 | 15.3 | 104 | 139.2% |
| United States | 16.8 | 73.8 | 93.8 | 99.1 | 80.7% |
| Turkey | 128 | 63.5 | N/A | 55.0 | -24.5% |
| Colombia | 6.3 | N/A | N/A | 51.9 | 102.0% |
| Brazil | 55.6 | 18.6 | 72.5 | 42.2 | -8.8% |
| Mexico | N/A | N/A | N/A | 24.3 | 0% |
| Chile | 1.5 | 0.2 | 0.2 | 20.3 | 138.3% |
| Venezuela | 8.6 | 173 | 123 | 2.2 | -36.5% |
| Others | 63.2 | 98.6 | 143 | 19.5 | -32.4% |
| Total | 651 | 840 | 738 | 917 | 12.1% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Peru in 2022:
- Chile (4002.0 kg)
- France (1008.0 kg)
- Colombia (436.0 kg)
- United States (420.0 kg)
- Ecuador (411.0 kg)
- Argentina (206.0 kg)
- Mexico (183.0 kg)
- Turkey (121.0 kg)
- Brazil (102.0 kg)
- Venezuela (65.0 kg)
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