Key Market Indicators
Peruvian yarn export is projected to decline by 4.5% annually over the next five years, from approximately $1.9 million in 2021 to $1.5 million in 2026. Since 1997, supply has dropped 8.9% each year on average. Meanwhile, Peruvian yarn import is expected to rise an average of 2% annually over the next five years, from $124 million in 2021 to $140 million in 2026. Since 1997, demand has increased 6.9% annually.