2025 Peru Frozen Eels (HS 030743) Export: Extreme Volatility

Key Takeaways

Frozen Eels, classified under HS Code 030743 (Eels, frozen), exhibited extreme volatility from January to November 2025.

• Market Pulse: Export weight surged to 121.77M kg by June 2025, then collapsed 80% to 36.84M kg by November, with value mirroring this volatility—peaking at $440.31M before dropping to $87.44M.
• Structural Shift: Peru Frozen Eels Export reliance on China (48.2% of total value) creates high geographic risk, with Spain and South Korea combined representing less than half of China’s share.
• Product Logic: HS Code 030743 trade data confirms a bulk commodity market, with a low unit price of 3.02 USD/kg, emphasizing cost-driven demand over premium quality.

This overview covers the period from January to November 2025 and is based on verified customs data from the yTrade database.

Peru Frozen Eels (HS Code 030743) Key Metrics Trend

Market Trend Summary

The Peru Frozen Eels Export trend under HS Code 030743 showed explosive growth through mid-2025 before sharply reversing. From January to November 2025, export weight surged from 1.95M kg to a peak of 121.77M kg in June, then collapsed to 36.84M kg by November—an 80% drop from the high. Total value followed a similar arc, peaking at $440.31M in May before falling to $87.44M, reflecting extreme volatility in both volume and pricing.

Drivers & Industry Context

This volatility aligns with typical seafood commodity cycles, where supply gluts drive prices down until market corrections reduce exports. The 31.9% unit price drop from May to June likely triggered inventory drawdowns and order pullbacks, compressing the hs code 030743 value. While Peruvian squid quotas expanded in August [Tridge], eel markets operate independently—their decline suggests oversupply or demand shifts in key Asian markets, not policy impacts. The data implies fragile balance: prices fell 42% year-to-date, forcing quantity adjustments.

Table: Peru Frozen Eels Export Trend (Source: yTrade)

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Peru HS Code 030743 Export Breakdown

Market Composition & Top Categories

Peru's export of HS Code 030743 is entirely dominated by frozen cuttle fish and squid, which captured 100% of the total export value and weight throughout 2025. According to yTrade data, this single sub-category defines the entire Peru HS Code 030743 export profile, with no other product forms registering any trade activity during this period.

Value Chain & Strategic Insights

The low unit price of 3.02 USD/kg confirms this is a bulk commodity trade, driven by volume and price sensitivity rather than specialized processing or premium quality. This HS Code 030743 breakdown reveals a homogenous trade structure focused on frozen raw seafood, where competitive pricing and efficient logistics are critical. Exporters should prioritize cost management and scale to maintain margins in this market.

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Peru Frozen Eels Destination Countries

Geographic Concentration & Market Risk

China dominates Peru's frozen eels exports, capturing 48.2% of the total value in early 2025. This heavy reliance on a single market for Peru Frozen Eels export destinations creates significant exposure to any demand or policy shifts from this one partner. The next largest destinations, Spain and South Korea, combined represent less than half of China's market share, underscoring a high concentration risk.

Purchasing Behavior & Demand Segmentation

China's nearly identical value and weight ratios indicate a commodity-driven market for price-sensitive bulk processing. The trade partners for Frozen Eels are not paying a premium for specific quality, focusing instead on volume scale over margin potential. This bulk purchasing pattern is consistent with industrial food manufacturing or large-scale distribution channels seeking cost-efficient supply.

Table: Peru Frozen Eels (HS Code 030743) Top Destination Countries (Source: yTrade)

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Peru Frozen Eels Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, the market for Peru Frozen Eels exports is overwhelmingly dominated by a core group of loyal, high-volume repeat buyers. This key accounts segment, representing over 80% of the total export value, indicates a stable, contract-based supply chain. These Peru Frozen Eels buyers are the market's anchor, driving consistent and predictable trade flows throughout 2025.

Purchasing Behavior & Sales Strategy

This high concentration among a few key accounts creates significant customer concentration risk; losing even one major client would severely impact export revenue. Therefore, the sales strategy must prioritize strengthening relationships with these existing high-volume partners through long-term contracts and dedicated account management. For HS Code 030743 buyer trends, this means focusing on reliability and consistent quality to secure recurring business from these established supply chains.

Table: Peru Frozen Eels (HS Code 030743) Top Buyers List (Source: yTrade)

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Action Plan for Frozen Eels Market Operation and Expansion

• Diversify export markets: Reduce dependence on China by targeting Spain and South Korea, which show stable but underdeveloped demand.
• Lock in long-term contracts: Secure commitments from high-volume repeat buyers (80% of export value) to mitigate customer concentration risk.
• Optimize logistics costs: Focus on bulk shipping efficiencies to protect margins in a price-sensitive commodity market.
• Monitor price triggers: Implement hedging strategies to buffer against the 42% year-to-date price drop and volatile demand cycles.
• Audit supply chain resilience: Prepare contingency plans for sudden demand shifts in key Asian markets, given the June 2025 collapse precedent.

Take Action Now —— Explore Peru Frozen Eels HS Code 030743 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Frozen Eels Export in 2025?

Peru's Frozen Eels exports saw extreme volatility in 2025, with weight surging to 121.77M kg by June before collapsing 80% by November. This reflects typical seafood commodity cycles, where oversupply triggered a 42% price drop, forcing volume adjustments.

Q2. Who are the main destination countries of Peru Frozen Eels (HS Code 030743) in 2025?

China dominated with 48.2% of Peru's export value, followed distantly by Spain and South Korea, which combined accounted for less than half of China's share.

Q3. Why does the unit price differ across destination countries of Peru Frozen Eels Export in 2025?

The uniform low unit price (3.02 USD/kg) confirms a bulk commodity trade, with no premium for quality. Price differences stem from volume-driven negotiations rather than product differentiation.

Q4. What should exporters in Peru focus on in the current Frozen Eels export market?

Exporters must prioritize long-term contracts with high-volume repeat buyers (80% of trade value) and mitigate China's 48.2% market share risk by diversifying destinations.

Q5. What does this Peru Frozen Eels export pattern mean for buyers in partner countries?

Buyers benefit from stable, price-sensitive bulk supply but face reliance on Peru's volatile production cycles. China's dominance suggests competitive pricing but limited alternative sourcing.

Q6. How is Frozen Eels typically used in this trade flow?

Frozen Eels are traded as a raw commodity for industrial food processing or large-scale distribution, emphasizing cost efficiency over premium quality.

Detailed Monthly and Quarterly Report

Peru HS Code 030743 Export Data Snapshot 2025 OCT

Peru HS Code 030743 Export Data Snapshot 2025 Q3