Living in Peru : your everyday companion

Info provided by the
American Chamber of Commerce of Peru (AmCham Peru)

A recent report from the Jewelry Industry Research Institute revealed that due to the high earning capacity in the U.S., they constitute the biggest world jewel consumer, as they buy 50% of the global production. According the numbers thrown by the U.S. Department of Commerce, during the year 2007 the jewelry market reached the 64.7 billion dollars, experiencing an annual average growth of 5.9% from the last 25 years. Just to put things in perspective, jewelry sales last year in the United States were equivalent to three times our total world exports in the same period.

Thus, it is more than evident that the U.S. is an attractive market for Peruvian jewelry. Even more so now with the initiation of the Free Trade Agreement between the U.S. and Peru. According to the research, the biggest state demanding jewelry in the U.S. is New York which absorbs the 59.76% of the demand on its own of the total jewelry imports. Other important states however are off course, California, Alaska, Florida and Ohio, which receive the 12.15%; 7.17%; 6.85% and 6.04% of total imports respectively in that country.

And amongst the fundamental competitors that Peru faces in such market are India, China, Thailand and Italy. Indeed nowadays, the basic provider is India, as they are responsible for the 25.5% of the total imported jewels. Peru on the other hand, occupies number 16 in the ranking of countries providing jewels during the year 2007, with a total of U.S. $76.5 million CIF deliveries.

In effect, sending jewels to such a market already reveal a noticeable expansion from recent years thanks to the tariff preferences of the ATPDEA, and it is foreseeable that thanks to the preferential access finally consolidated with the Free Trade Agreement, Peru’s exports will be allowed of many more preferences and imports of these type are only bound to grow.

It is important to consider, however, that the major markets like India and Thailand are now facing trouble exporting their goods to this market as in July of 2007, their benefits and access were suspended to the Generalized System of Preferences (GSP) for certain products amongst them jewels. This situation has generated in the last 10 months, a remarkable reduction of imports from those two important countries, leaving other competitors as Peru, with a newly granted tariff free access an opened window of advantage.

This way, dear reader, Peru is facing another interesting opportunity to generate new business and take advantage of a revealed competitive edge that is making itself available and evident thanks to the Free Trade Agreement with the United States. This moment is, undoubtedly, the best moment to constitute and expand the non-traditional product exports that are precisely the ones that have a multiplying effect on their investment as well as creating honorable new jobs. As I have said before, opportunities are vast we just need to take advantage of them.



*Translated by Joceline Frank

Frankly Speaking Inc.

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Thanks alot for this information, could you please tell me where can I find a list or directory of Jewerly's exporters?

You are doing great job, thank you.


Jesus Moya.

Great. I am interested to contact a Jewelry"s exporters also, so I would appreciate if you can lead my way.
Thanks
Jen

Could u please provide me the list of jewelry exporters?. thank you

This link may not provide a list of jewelery exporters but shold provide some useful information. Feburary every year is a month long convention in Tucson, Arizona for Jewelery products from ALL countries. Colored Stone has a link to the convention.

www.colored-stone.com

We import beautiful Peruvian 950 silver jewelry.  We specialize in unique handcrafted pieces.  Real Butterfly wings in glass, Coca leaf jewelry, reversible rings with natural stones and shells like Onyx, Peruvian Opal, Lapiz, Turquoise, Abalone, Serpentine, Spondylus and more! Contact us for more information.
www.chismosasimports@gmail.com


Thank you

I have a hunch that one day our country will turn into one of the biggest providers of silver metal since I have seen in many handicraft markets many beautiful, fancy and exquisite designs.  I would like to know where I can get the Jewelry's Importers in US and why not from other lands such as Australia, Canada, China etc.  It is interesting that states such as Alaska or Ohio are interested in silver jewelry.
Please let me know how I can get this information to provide stores in Alaska, Ohio, California, there must be many stores interested in this.

Please email me to chelofigue08@gmail.com.

Thanks.  DFR

we are a professional manufactory for the crystal jewellary.

I do not know the market in PERU for the crystal jewellary and crystal gifts .Anyone who is interested in crystal products,please take a look at our company website:www.legendcrystal.com

Thanks and best wishes!

Anne Huang

WWW.emcargo.net for all your shipments, cargo courier to Peru, air , sea land International and Domestic Located in Miami Florida near the airport.  Family owned business, Service you can trust from Miami Florida.

David C. Zuckerman                               Emira M. Zuckerman
Vice President Business Development         President and Founder 
             954-602-2679                            305-599-1363

im so proud of my country ..
im studyind global business administration at ricardo palma university and i`m  interested in this market , because i planning  to work in export our products.

I'm from Malaysia and would like to contact manufacturers or people who is able to offer jewelry that uses real butterfly wing to make pendants, earrings, bracelet etc. I wouldlike to import them. Thank you.
My email: exoticmalaysia(at)gmail(dot)com. Please replace (at) with@ and (dot) with .