From T-Shirts to Glass and Hair Care: Peru’s 2024 Trade Snapshot
Adidas drives Peru’s $21.3M t-shirt imports, China leads the glass market, and Peru’s hair care exports rise by 6%. In fashion jewelry, Colombia and China control 96%, with Yanbal and SWAROVSKI
Today’s insights:
1. Adidas Leads Peru’s $21.3M Knit Shirt and T-Shirt Imports
During the first quarter of 2024, Peru imported $21.3 million in knit shirts and t-shirts (HS 6109).
These are the top Peruvian hashtag#importers:
1. Adidas Perú S.A.C - $3.95M
2. Falabella Perú - $2.76M
3. Tottus - $1.77M
4. Supermercados Peruanos S.A. - $1.56M
5. Superdeporte Plus Peru S.A.C. - $1.48M
6. Equinox International - $1.19M
7. H&M - $898K
8. CONFECCIONES VALDITEX SL S.A. (Tommy Hilfiger) - $881K
9. Oechsle - $785K
10. Ripley Perú - $671K
2. Peru’s Cast and Laminated Glass Market in 2024: China Controls 69% of Imports with Key Players Like SOLIPRO and Forever Glass
With a 69% market share, China became the largest supplier of cast or laminated glass (HS 7003) to Peru during the first quarter of 2024.
The top suppliers of cast or laminated glass to Peru were:
1. SOLIPRO Limited - $240K
2. Qingdao JINJIAN JINJING Co., ltd. - $40K
3. Qingdao Rexi Industries Company Limited - $39K
4. Forever Glass Company Limited - $38K
5. RIDER GLASS Company Limited - $32K
6. Bullseye Glass Co. - $10K
7. River Global Trading Co., Limited - $5K
8. Xiamen Xinwang Advanced Materials Technologies Co. - $330
3. Hair Care Boom in Peru: 6% Export Growth with Quinoa-Based Innovations Leading the Way
Exploring the 6% growth in Peru's hair care exports, showcasing innovations and market strategies that are shaping the industry, including products infused with unique ingredients like quinoa.
Top Exporting Companies for Hair Care Products in Peru (2024):
1. Plus Cosmetica S.A.: $4.66M
2. UNIBELL SAC: $656K
3. Unique S.A. (Yanbal): $221K
4. Corporacion Italy S.A.C.: $106K
5. Unilever Andina Peru S.A.: $31K
6. Natura Cosmeticos S.A.: $18K
7. Corporacion Life S.A.C.: $433K
8. EUROCOSMETIC IMPORT S.A.C: $38K (new in 2024)
9. California Dos Mil S.A.C.: $31K (new in 2024)
From January to July 2024, Peru's exports of hair care products (HS 330590) increased to $6.23M from $5.87M in the previous year. This growth is marked by significant contributions from companies like Plus Cosmetica S.A. and Unibell S.A.C., which saw remarkable growth rates of 11% and 69%, respectively. Notably, Unilever Andina Peru S.A. experienced a 227% surge, signaling strong market acceptance. Conversely, Corporacion Life S.A.C. faced a notable decline, reflecting the competitive and volatile nature of the global market.
The integration of native ingredients such as quinoa by brands like Sumaq and Bi Natural underscores a unique selling point that resonates globally.
4. Peru’s Fashion Jewelry Market in 2024: Colombia and China Hold 96% Share with Yanbal and SWAROVSKI Among Top Suppliers
Colombia and China positioned themselves as the largest exporters of fashion jewelry (HS 7117) to Peru during the first quarter of 2024, holding 53% and 43% of the market, respectively.
The top 10 suppliers of fashion jewelry to Peru were:
1. Yanbal De Colombia S.A.S. - $1.80M
2. Finart S.A.S - $1.56M
3. Duli Juan Co Ltd - $316K
4. Indusrias Inca S.A.S. - $276K
5. SWAROVSKI Aktiengesellschaft - $159K
6. Qingdao Hiple Creations Co., Ltd. - $122K
7. Yiwu ZHONGMIN Import and export Co., ltd. - $97K
8. Qingdao Minghaojinjia Trading Co., Ltd - $82K
9. Givaudan UK Ltd - $80K
That’s all for today…
When you’re ready to go deeper on international business, check out Trade Data. It’s jam-packed with importers, exporters, market trends and key players for turning global trade data into profit.
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