Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Peru - 2022

Contents:

1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Peru (FOB) - 2022
2. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Peru (CIF) - 2022
3. Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Peru
4. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Peru

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Peru (FOB) - 2022

In 2022, the average export price for fabrics, woven; from strip or the like, of synthetic textile materialses amounted to $0.3 per square meter, surging by 2% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 23%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Costa Rica ($0.5 per square meter), while the average price for exports to Chile ($0.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Peru (CIF) - 2022

The average import price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.3 per square meter in 2022, with an increase of 4.9% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 7.3%. Over the period under review, average import prices reached the maximum at $0.4 per square meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($0.6 per square meter), while the price for India ($0.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Peru

For the fourth year in a row, Peru recorded growth in shipments abroad of fabrics, woven; from strip or the like, of synthetic textile materialses, which increased by 12% to 13M square meters in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 36%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of fabrics, woven; from strip or the like, of synthetic textile materialses rose markedly to $4.6M in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. Over the period under review, the exports of fabrics, woven; from strip or like, of synthetic textile materialses hit record highs in 2022 and are expected to retain growth in years to come.

Top Export Markets for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials from Peru in 2022:

1. Chile (5.6M square meters)
2. Mexico (5.1M square meters)
3. Argentina (1.6M square meters)
4. Ecuador (0.6M square meters)
5. Costa Rica (0.2M square meters)

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Peru

After two years of decline, overseas purchases of fabrics, woven; from strip or the like, of synthetic textile materialses increased by 19% to 11M square meters in 2022. Overall, imports, however, saw a drastic downturn. Imports peaked at 14M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses skyrocketed to $3.6M in 2022. In general, imports, however, continue to indicate a abrupt descent. Over the period under review, imports of fabrics, woven; from strip or like, of synthetic textile materialses attained the maximum at $4.3M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Peru in 2022:

1. China (5.9M square meters)
2. Chile (2.4M square meters)
3. India (1.4M square meters)
4. Vietnam (0.8M square meters)
5. Brazil (0.3M square meters)
6. Colombia (0.3M square meters)
7. Greece (0.2M square meters)
8. Italy (0.1M square meters)

Source: IndexBox Market Intelligence Platform