Silk Fabric Market Overview in Peru
In value terms, silk fabric production rose sharply to $ in estimated in export prices. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by % y-o-y. Silk fabric production peaked in and is expected to retain growth in the near future.
The revenue of the silk fabric market in Peru expanded sharply to $ in , rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the market value increased by % against the previous year. Over the period under review, the market reached the maximum level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.