Since its creation, the AIA has been the organiser of ALPACA FIESTA, the most important alpaca event worldwide, aimed at promoting and spreading alpaca fibre in the global textile market. It brings together breeders, companies, and institutions linked to the alpaca world in a festive and highly competitive environment.
ALPACA FIESTA is a registered trademark of the AIA, and since 2014 it has been co-organised in partnership with PROMPERU–MINCETUR. The first edition of ALPACA FIESTA was held in 1997, and the eighth edition took place in Arequipa from October 21 to 26, 2024, together with PERU MODA DECO, on the occasion of the International Year of Camelids.