2025 Q1 Paraguay Copper scrap (HS7404) Export Snapshot: Surge & Dip

Q1 Trend: Paraguay Copper scrap Export

Copper scrap, classified under HS Code 7404 (Copper waste and scrap), saw mixed export trends in Q1 2025. February shipments surged, with value jumping 74% MoM to $5.69M and volume rising 74% to 706.38K kg, though unit prices held steady at $8.06/kg. March brought a pullback, with value dropping 23% to $4.38M and volume down 22% to 547.66K kg, while prices dipped slightly to $8.00/kg. The rebound in February suggests strong demand, but the subsequent decline hints at volatility in global scrap markets. No specific external factors were cited in the latest tariff revisions to explain these shifts.

Table: Paraguay Copper Scrap Export Trend (Source: yTrade)

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Geographic Concentration & Market Logic

Brazil dominates Paraguay's copper scrap exports, accounting for 41.8% of value but only 39.8% of weight, signaling a slight premium for higher-grade material. The US and China follow, with value-weight gaps narrowing (13.8% vs. 14.5% for the US; 12.4% vs. 13.7% for China), suggesting balanced bulk trade. Japan stands out with a 9.1% value share against 8.6% weight, indicating selective demand for quality. The structure reveals a cost-driven supply chain, prioritizing bulk buyers like Brazil and China over premium niches. Paraguay’s export strategy hinges on volume efficiency, with minimal high-margin differentiation.

Table: Paraguay Copper Scrap (HS Code 7404) Top Destination Countries (Source: yTrade)

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Paraguay HS Code 7404 Breakdown & Value Logic

yTrade data reveals "Copper; waste and scrap" (74040000) dominates Paraguay's HS Code 7404 exports at 100% frequency and value share in Q1 2025, with 1.66M tons shipped. The absence of unit price data suggests a bulk-volume, low-margin trade—typical for scrap markets where scale trumps premium pricing. This single sub-code’s monopoly implies Paraguay’s HS Code 7404 Export is structurally lean, likely feeding global smelters rather than niche buyers. The market is clearly volume-driven, with no diversification into higher-value copper products. Expect price sensitivity to dictate trade flows.

Table: Paraguay (HS Code 7404) Breakdown Details (Source: yTrade)

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Paraguay Copper Scrap Buyers List

Table: Paraguay Copper Scrap (HS Code 7404) Top Buyers List (Source: yTrade)

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Frequently Asked Questions

How did Paraguay Copper scrap Export perform in Q1?

Exports surged 74% MoM in February to $5.69M before correcting 23% in March to $4.38M, with unit prices holding steady around $8.00/kg.

What are the top Export partners for Paraguay Copper scrap?

Brazil ($5.58M), the United States ($1.85M), and China ($1.65M) accounted for 65% of total exports.

Who are the major Copper scrap Buyers?

Cosmet Latam LLC dominated with $5.58M in purchases, followed by Royce Corporation ($1.42M) and Allied Metals LLC ($1.15M).

What is the specific HS Code for this trade?

The data covers HS Code 7404, with significant activity in copper waste and scrap (740400).

Detailed Monthly Report

Paraguay HS7404 Export Snapshot 2025 JAN

Paraguay HS7404 Export Snapshot 2025 FEB

Paraguay HS7404 Export Snapshot 2025 MAR