Key Market Indicators
Peru's cosmetics import is set to hit $567 million by 2026, up 2% on average year-on-year from the 2021 figure of $502 million. Since 1997, demand has grown 3.4% annually. In 2021, the country was ranked 47th, behind Iran's figure of $502 million. China, Germany and the UK took the top three spots. Meanwhile, Peru's cosmetics export is set to drop 0.4% year-on-year to $83 million by 2026 from $85 million in 2021. Since 1997, supply has decreased 3% annually. In 2021, Peru was ranked 63rd, behind the Dominican Republic's $85 million. The United States, Germany and Ireland took the top three spots.