·

2025 Peru Lead Ores (HS 2607) Export: Market Collapse

Peru's Lead Ores Export (HS Code 2607) faced a dramatic collapse to $1.25M in November 2025 amid trade tensions. Track volatility on yTrade.

Key Takeaways

Lead Ores, classified under HS Code 2607 (Lead ores and concentrates), exhibited extreme volatility from January to November 2025.

  • Market Pulse: Exports collapsed in November to just $1.25M after months of fluctuating between $80M and $210M, driven by regional trade tensions and supply chain disruptions.
  • Structural Shift: Peru Lead Ores Export reliance on China (70.57% of value) and a handful of key buyers (87.31% of value) creates acute concentration risk.
  • Product Logic: HS Code 2607 trade data confirms a pure commodity market (2.34 USD/kg) with no value-added processing, leaving pricing entirely tied to global benchmarks.

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

Peru Lead Ores (HS Code 2607) Key Metrics Trend

Market Trend Summary

The Peru Lead Ores Export trend throughout 2025 was characterized by extreme volatility, with performance collapsing in November after ten months of generally strong activity. From January to October, monthly export values fluctuated between $80M and $210M, reflecting typical commodity cycle volatility. However, November witnessed a near-total breakdown, with exports plummeting to just $1.25M—effectively halting trade flows.

Drivers & Industry Context

The catastrophic November collapse aligns with broader regional trade tensions, as the US imposed "reciprocal tariffs" on South American partners in 2025 [Global Trade Alert]. While these measures did not explicitly target lead ores, they likely disrupted supply chains and chilled investor sentiment across Peru's mining sector. Prior to November, the hs code 2607 value was supported by Peru's 4.5% projected economic growth and mining-driven export expansion [FreightAmigo], though lead specifically lacked major policy shifts or highlighted demand changes.

Table: Peru Lead Ores Export Trend (Source: yTrade)

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-01137.28M USD57.10M kg$2.40/kgN/AN/AN/A
2025-02-0180.40M USD40.76M kg$1.97/kg-41.43%-28.60%-17.97%
2025-03-01123.07M USD56.05M kg$2.20/kg+53.07%+37.51%+11.32%
2025-04-01209.72M USD75.99M kg$2.76/kg+70.42%+35.56%+25.71%
2025-05-01106.69M USD43.68M kg$2.44/kg-49.13%-42.51%-11.51%
2025-06-01140.01M USD68.58M kg$2.04/kg+31.24%+56.98%-16.40%
2025-07-01183.39M USD86.12M kg$2.13/kg+30.98%+25.59%+4.30%
2025-08-01176.70M USD69.89M kg$2.53/kg-3.65%-18.85%+18.74%
2025-09-01204.57M USD73.19M kg$2.79/kg+15.77%+4.73%+10.54%
2025-10-01155.86M USD74.58M kg$2.09/kg-23.81%+1.89%-25.23%
2025-11-011.25M USD2.58M kg$0.48/kg-99.20%-96.54%-76.87%

Get Peru Lead Ores Data Latest Updates

Peru HS Code 2607 Export Breakdown

Market Composition & Top Categories

Peru's HS Code 2607 export structure for lead ores is entirely dominated by a single sub-category: Lead ores and concentrates, which accounts for 100% of the total export value, weight, and shipment frequency throughout 2025. According to yTrade data, this category represents the entirety of Peru HS Code 2607 Export activity, with no other sub-codes registering any measurable trade volume during this period.

Value Chain & Strategic Insights

The unit price for these exports is 2.34 USD per kilogram, confirming this is a classic commodity market driven by volume and global price benchmarks rather than product specialization or processing. This HS Code 2607 breakdown shows a trade structure entirely focused on raw material extraction, with no value-added stages present. Export strategy for this code will remain highly sensitive to fluctuations in bulk commodity demand and pricing.

Table: Peru HS Code 2607) Export Breakdown Details (Source: yTrade)

HS CodeProduct DescriptionValueFrequencyQuantityWeight
260700****Lead ores and concentrates1.52B727.00648.79M648.52M
2607******************************************

Check Detailed HS Code 2607 Breakdown

Peru Lead Ores Destination Countries

Geographic Concentration & Market Risk

Peru's Lead Ores exports from January to November 2025 are heavily concentrated, with CHINA MAINLAND dominating at 70.57% of total export value. This reliance on a single market heightens vulnerability to economic or policy changes in China. Other Peru Lead Ores export destinations like South Korea and Japan hold minor shares below 25%, underscoring limited diversification and elevated supply chain risk.

Purchasing Behavior & Demand Segmentation

China's high frequency ratio of 82.81% versus its weight ratio of 71.05% reveals a fragmented, high-volume market driven by frequent, Just-in-Time shipments. The near-parity between value and weight ratios indicates commodity-style trading with stable, bulk-oriented pricing rather than premium specifications. This pattern points to volume scale over margin potential for Peru's trade partners for Lead Ores, emphasizing industrial efficiency.

Table: Peru Lead Ores (HS Code 2607) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
CHINA MAINLAND1.07B461.03M602.00460.76M
SOUTH KOREA358.05M157.68M94.00157.68M
JAPAN49.81M15.56M14.0015.56M
MEXICO18.54M7.36M10.007.36M
BELGIUM10.50M5.00M1.005.00M
MALAYSIA************************

Get Peru Lead Ores (HS Code 2607) Complete Destination Countries Profile

Peru Lead Ores Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, the Peru Lead Ores export market from January to November 2025 is overwhelmingly dominated by key accounts with high purchase frequency and value, capturing 87.31% of the total export value. This segment, including firms like GANSU LOGISTICS GROUP, represents stable, contract-based supply chains rather than sporadic trading. The concentration among these Peru Lead Ores buyers underscores a market driven by long-term partnerships and consistent demand.

Purchasing Behavior & Sales Strategy

The heavy reliance on a few key accounts introduces substantial concentration risk, where the loss of a single buyer could severely impact revenue streams. Sellers should focus on strengthening relationships with these core clients through tailored contracts and reliability, while simultaneously employing digital outreach to capture smaller, occasional buyers and mitigate dependency. Tracking HS Code 2607 buyer trends will help anticipate shifts in purchasing patterns and adjust strategies accordingly.

Table: Peru Lead Ores (HS Code 2607) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
METALURGICA MET-MEX PEÑOLES, S.A. DE C.V12.64M4.50M6.004.50M
GMI COMMODITIES SA9.83M13.58M8.0013.59M
HANGZHOU METAL TRADING CO., LTD5.89M5.86M6.005.86M
EXPLORATION AND DEVELOPMENT OF************************

Check Full Peru Lead Ores Buyers list

Action Plan for Lead Ores Market Operation and Expansion

  • Diversify buyers immediately: Target smaller, occasional buyers through digital outreach to reduce dependence on the top 3 accounts controlling 87% of revenue.
  • Shift geographic focus: Negotiate with secondary markets like South Korea and Japan to mitigate China’s 70% dominance and tariff-related disruptions.
  • Lock in contracts: Hedge against price volatility by securing fixed-term agreements with core buyers before commodity cycles worsen.
  • Optimize logistics: Reduce bulk shipping costs per kilogram to protect margins in a low-value, volume-driven market.
  • Monitor policy shifts: Track US-South America trade tensions and China’s import policies to preempt further disruptions.

Take Action Now —— Explore Peru Lead Ores HS Code 2607 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Lead Ores Export in 2025?

Peru's Lead Ores exports collapsed in November 2025 to just $1.25M after months of volatility, likely due to US-imposed tariffs disrupting regional trade flows and mining sector sentiment.

Q2. Who are the main destination countries of Peru Lead Ores (HS Code 2607) in 2025?

China dominates with 70.57% of export value, followed by South Korea and Japan at under 25% combined, reflecting extreme geographic concentration.

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

All exports fall under the same bulk commodity sub-category (Lead ores and concentrates), with a uniform unit price of 2.34 USD/kg, indicating no price differentiation by destination.

Q4. What should exporters in Peru focus on in the current Lead Ores export market?

Exporters must secure contracts with core buyers (87.31% of value) while diversifying to smaller clients and exploring alternative markets to reduce reliance on China.

Q5. What does this Peru Lead Ores export pattern mean for buyers in partner countries?

Buyers benefit from stable, high-volume shipments but face risks from Peru's export concentration and potential supply chain disruptions like the November 2025 collapse.

Q6. How is Lead Ores typically used in this trade flow?

Peru's Lead Ores exports are raw materials (100% concentrates), traded as industrial commodities for smelting or further processing in manufacturing supply chains.

Detailed Monthly and Quarterly Report

Peru HS Code 2607 Export Data Snapshot 2025 JAN

Peru HS Code 2607 Export Data Snapshot 2025 FEB

Peru HS Code 2607 Export Data Snapshot 2025 MAR

Peru HS Code 2607 Export Data Snapshot 2025 APR

Peru HS Code 2607 Export Data Snapshot 2025 MAY

Peru HS Code 2607 Export Data Snapshot 2025 JUN

Peru HS Code 2607 Export Data Snapshot 2025 JUL

Peru HS Code 2607 Export Data Snapshot 2025 AUG

Peru HS Code 2607 Export Data Snapshot 2025 Q1

Peru HS Code 2607 Export Data Snapshot 2025 Q2

Peru HS Code 2607 Export Data Snapshot 2025 Q3

Copyright © 2026. All rights reserved.