Peru: Women Knitwear Market 2024

Women Knitwear Market Size in Peru

The Peruvian women knitwear market stood at $X in 2022, with an increase of X% against the previous year. Overall, consumption saw a remarkable increase. Women knitwear consumption peaked in 2022 and is expected to retain growth in years to come.

Women Knitwear Production in Peru

In value terms, women knitwear production rose slightly to $X in 2022 estimated in export price. Overall, production showed strong growth. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Women Knitwear Exports

Exports from Peru

In 2022, exports of women's or girls' clothing (knitted or crocheted) from Peru shrank sharply to X units, dropping by X% on the previous year's figure. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, women knitwear exports reached $X in 2022. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for women knitwear exports from Peru, with a X% share of total exports. Moreover, women knitwear exports to the United States exceeded the volume sent to the second major destination, Chile (X units), twofold. Venezuela (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Venezuela (X% per year).

In value terms, the United States ($X) remains the key foreign market for women's or girls' clothing (knitted or crocheted) exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Venezuela ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

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

Export Prices by Country

The average women knitwear export price stood at $X per unit in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Chile ($X 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 Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Women Knitwear Imports

Imports into Peru

In 2022, overseas purchases of women's or girls' clothing (knitted or crocheted) increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, women knitwear imports skyrocketed to $X in 2022. Over the period under review, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest women knitwear supplier to Peru, with a X% share of total imports. Moreover, women knitwear imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), threefold. Colombia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms 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 Colombia (X% per year).

In value terms, China ($X) constituted the largest supplier of women's or girls' clothing (knitted or crocheted) to Peru, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

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

Import Prices by Country

The average women knitwear import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per unit in 2014; however, from 2015 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 Cambodia ($X per unit), while the price for India ($X per unit) 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 a decline.

Source: IndexBox Platform

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