Peru is a small South American textile and clothing (T&C) producer, which has benefited from thecountry's economic recovery in the 1990s, indigenous supplies of high quality raw materials such ascotton, alpaca wool and vicu
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Peru Textiles and Clothing Report Q3 2009
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Peru Textiles and Clothing Report Q3 2009
Published on July 2009
Report Summary
Peru is a small South American textile and clothing (T&C) producer, which has benefited from the
country's economic recovery in the 1990s, indigenous supplies of high quality raw materials such as
cotton, alpaca wool and vicuña wool, and trade agreements that give it favourable access to the US
market. BMI ranks it as number 50 in the world in terms of T&C manufacturing value added. In nominal
terms we estimate that to have been worth US$1.73bn in 2008. It is one of the few Latin American
countries where we expect the 2009-10 global recession not to lead to major fall in T&C output, but to a
smaller dip.
Overall Peruvian T&C value added will fall by 4.3% in 2009, but recover with 3.9% growth in 2010,
reflecting Peru's resilient response to very difficult international economic conditions. We see a healthy
recovery continuing in 2011. The industry's trade performance will also reflect the especially difficult
international economic situation. This year exports will fall by 12.0% to US$1.60bn. With T&C imports
falling by 16.7% to US$793mn, the sector's overall trade balance will show a surplus of US$855mn.
Table of Content
Executive Summary .5
SWOT Analysis6
Peru Textile SWOT .. 6
Peru Apparel SWOT 6
Peru Political SWOT ........ 7
Peru Economic SWOT Analysis . 7
Peru Business Environment SWOT..... 8
Market Overview.......9
Industry Trends And Developments 10
General 10
General: Past Headlines. 11
Natural Fibres ....... 11
Textiles. 11
Clothing ........ 11
Clothing: Past Headlines 12
Peru Market Outlook .......13
Textile And Clothing Market Outlook ........ 13
Textiles. 13
Clothing ........ 13
Table: Textiles And Clothing Production And International Trade, 2006-2013 ........ 14
Long-Term Outlook ........ 16
Table: Textiles And Clothing Production And International Trade ' Long-Term Forecasts, 2011-2018 ...... 16
Macroeconomic Outlook. 17
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Table: Peru ' Economic Activity ...... 18
Global Textiles And Clothing Market Overview 19
Background: International Trade In Textiles...... 20
Output And Key Trends... 21
Global Fibres Market Outlook ..24
Cotton .. 24
Wool .... 26
Table: Fibre Prices, 2007 And 2008. 27
Synthetic Fibres ..... 27
Company Profiles...29
Creditex ........ 29
Country Snapshot: Peru Demographic Data.....30
Section 1: Population...... 30
Table: Demographic Indicators, 2005-2030....... 30
Table: Rural/Urban Breakdown, 2005-2030 ...... 31
Section 2: Education And Healthcare........ 31
Table: Education, 2002-2005 .. 31
Table: Vital Statistics, 2005-2030..... 31
Section 3: Labour Market And Spending Power . 32
Table: Employment Indicators. 32
Table: Consumer Expenditure, 2000-2012 (US$) ........ 33
Table: Average Annual Manufacturing Wages, 2000-2012 .. 33
Global Assumptions .......34
Table: Global Assumptions, 2007-2013..... 34
Table: Developed States GDP Growth, 2008-2010 ..... 36
Table: Emerging Markets GDP Growth, 2008-2010 ... 37
Table: Commodity Prices, 2007-2010........ 38
Methodology..39
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