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2025 Peru Lead ores (HS Code 260700) Export: Price Collapse

Peru's Lead ores Export (HS Code 260700) saw a 99% crash in November 2025, driven by a 74% price drop. Track volatile trends on yTrade data.

Key Takeaways

Lead ores, classified under HS Code 260700 (Lead ores and concentrates), exhibited extreme volatility from January to November 2025.

  • Market Pulse: Exports surged to a September peak of $205 million before collapsing 99% in November, driven by a 74% price drop and shipment volume crash.
  • Structural Shift: Peru Lead ores Export relies on just three buyers (86.63% share) and one market (China at 70.59%), creating acute concentration risk.
  • Product Logic: HS Code 260700 trade data confirms purely commoditized pricing ($2.34/kg), with no value-added processing or grade differentiation.

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 260700) Key Metrics Trend

Market Trend Summary

The Peru Lead ores export trend showed robust growth through the first ten months of 2025 before collapsing in November. Exports surged from January's $137 million to a September peak of $205 million, driven by expanding volume and firming prices that reached $2.79/kg. This upward trajectory reversed abruptly in November, with monthly value plummeting 99% to just $2 million as shipment volumes cratered to 4 million kg amid a 74% price drop.

Drivers & Industry Context

The mid-year strength likely reflected sustained global demand for lead concentrates, particularly from key markets like China. However, the November collapse suggests a major supply chain disruption or regulatory intervention. The timing aligns with implementation of updated Harmonized System 2022 rules [European Commission] effective August 2025, which may have triggered temporary export halts as producers adapted to new classification requirements. The catastrophic drop in hs code 260700 value indicates either a reporting anomaly or actual shipment suspension, possibly related to Peru's environmental export controls on mineral concentrates (European Commission).

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%
2025-11-012.12M USD3.97M kg$0.53/kg-98.64%-94.68%-74.46%

Get Peru Lead Ores Data Latest Updates

Peru HS Code 260700 Export Breakdown

Market Composition & Top Categories

Peru's HS Code 260700 export market is entirely dominated by a single product category: Lead ores and concentrates, which accounts for 100% of the export value and volume. According to yTrade data, this category represented the entirety of Peru's lead ores export activity in the first eleven months of 2025, with no other sub-codes registering shipments. This singular focus underscores a highly concentrated trade structure for Peru HS Code 260700 Export.

Value Chain & Strategic Insights

The unit price of USD 2.34 per kilogram confirms this is a classic commodity market, driven by volume and global price benchmarks rather than product differentiation or processing. This HS Code 260700 breakdown reveals a pure raw material export profile, with no value-added stages present. The trade structure is inherently price-sensitive, making it vulnerable to fluctuations in international metal prices and demand cycles.

Check Detailed HS Code 260700 Breakdown

Peru Lead Ores Destination Countries

Geographic Concentration & Market Risk

Peru's lead ores exports from January to November 2025 show extreme concentration, with China Mainland accounting for 70.59% of total value. This heavy reliance on a single market creates significant exposure to any demand shifts or trade policy changes from this key partner. South Korea and Japan follow distantly, at 23.56% and 3.28% of value respectively, but cannot offset the dominant position of China in Peru's Lead ores export destinations.

Purchasing Behavior & Demand Segmentation

The market for Peru's lead ores is overwhelmingly commodity-driven, as China's value ratio (70.59%) aligns almost perfectly with its weight ratio (71.11%). This near-1:1 correlation, combined with a very high shipment frequency (82.83%), points to a market defined by price-sensitive bulk processing and industrial stockpiling. The consistent, high-volume shipments to China and South Korea confirm that trade partners for Lead ores are primarily seeking volume scale, not margin potential from specialized grades.

Table: Peru Lead Ores (HS Code 260700) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
CHINA MAINLAND1.07B462.42M603.00462.15M
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 260700) Complete Destination Countries Profile

Peru Lead Ores Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, Peru's lead ores export market is overwhelmingly dominated by high-volume repeat buyers, who held an 86.63% value share from January to November 2025. This cluster, including firms like TIBET HUIYI INFORMATION TECHNOLOGY CO. LTD, drives a stable, contract-based supply chain, indicating that Peru Lead ores buyers are primarily loyal partners with consistent procurement.

Purchasing Behavior & Sales Strategy

The high-frequency, high-value purchasing behavior points to entrenched relationships, requiring a sales strategy focused on contract renewal and value-added services to retain these key accounts. Sellers should monitor HS Code 260700 buyer trends for regulatory shifts while exploring digital channels to attract smaller, fragmented buyers and reduce reliance on a few major clients.

Table: Peru Lead Ores (HS Code 260700) 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
GANSU LOGISTICS GROUP INTERNATIONAL SUPPLY CHAIN MANAGEMENT************************

Check Full Peru Lead Ores Buyers list

Action Plan for Lead Ores Market Operation and Expansion

  • Diversify buyers: Target smaller importers in South Korea and Japan to reduce reliance on China’s 70.59% market share.
  • Lock in contracts: Secure long-term agreements with top buyers like TIBET HUIYI to stabilize revenue amid price volatility.
  • Audit logistics costs: Bulk shipments dominate—optimize freight and port handling to protect margins in a price-sensitive market.
  • Monitor regulatory shifts: Track HS 2022 rule changes (effective August 2025) to preempt future shipment disruptions.
  • Develop contingency stocks: Buffer against sudden demand drops from China, given November’s 99% export collapse.

Take Action Now —— Explore Peru Lead ores HS Code 260700 Export Data

Frequently Asked Questions

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

Peru's lead ores exports surged through mid-2025 but collapsed in November, likely due to regulatory changes under HS 2022 rules or environmental controls. The abrupt 99% drop suggests a supply chain disruption or reporting anomaly.

Q2. Who are the main destination countries of Peru Lead ores (HS Code 260700) in 2025?

China dominates with 70.59% of export value, followed by South Korea (23.56%) and Japan (3.28%). This extreme concentration creates significant market reliance risks.

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

The uniform USD 2.34/kg price confirms a commodity-driven market without product differentiation. Price fluctuations reflect global benchmarks, not destination-specific grades.

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

Exporters must prioritize retaining high-volume repeat buyers (86.63% of trade) while diversifying to smaller clients and monitoring China's regulatory shifts to reduce dependency.

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

Buyers benefit from stable, bulk-oriented supply chains but face risks if Peru's concentrated export structure is disrupted by policy changes or demand shifts in China.

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

Peru's exports consist entirely of raw lead ores and concentrates, indicating industrial use in smelting or further processing, particularly for battery production or metal alloys.

Detailed Monthly and Quarterly Report

Peru HS Code 260700 Export Data Snapshot 2025 JAN

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