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2025 Peru LNG (HS 271111) Export: Volatile Surge & Collapse

Peru's Liquefied Natural Gas exports (HS code 271111) surged 64% in Q1 2025 before collapsing 60% by November, with prices halving. yTrade data reveals high dependency on South Korea and Shell.

Key Takeaways

Liquefied Natural Gas, classified under HS Code 271111 (Petroleum gases and other gaseous hydrocarbons; liquefied, natural gas), exhibited high volatility from January to November 2025.

  • Market Pulse: Exports surged 64% in Q1 to 749M kg, then collapsed 60% by November to 307M kg, with unit prices dropping from $0.64/kg to $0.29/kg.
  • Structural Shift: Peru Liquefied Natural Gas Export revenue hinges on South Korea (31.16% of value) and a single buyer cluster led by Shell, creating high dependency risk.
  • Product Logic: HS Code 271111 trade data confirms a pure commodity market ($0.52/kg average), with no value-added processing or sub-category diversification.

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

Peru Liquefied Natural Gas (HS Code 271111) Key Metrics Trend

Market Trend Summary

The Peru Liquefied Natural Gas Export trend through January to November 2025 displayed pronounced volatility, opening with a strong Q1 surge before collapsing in November. Exports by weight climbed 64% in the first quarter, peaked at 749M kg in March, then fell 60% by November to 307M kg. Unit prices dropped steadily from $0.64/kg in January to $0.29/kg in November, with only brief recoveries in May and September.

Drivers & Industry Context

This volatility aligns with shifting buyer concentrations noted in trade reports, where Spain dominated spring exports [FreightAmigo] before France captured 43.5% of October shipments (ytrade). The November crash likely reflects contract reshuffling or seasonal demand dips, compressing the hs code 271111 value by 71.6% monthly. Peru’s LNG trade remains exposed to spot market fluctuations and buyer diversification, with no tariff changes impacting flows (Chambers Global Practice Guides).

Table: Peru Liquefied Natural Gas Export Trend (Source: yTrade)

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-01292.81M USD457.16M kg$0.64/kgN/AN/AN/A
2025-02-01361.74M USD597.83M kg$0.61/kg+23.54%+30.77%-5.53%
2025-03-01394.38M USD749.12M kg$0.53/kg+9.02%+25.31%-13.00%
2025-04-01244.58M USD456.84M kg$0.54/kg-37.98%-39.02%+1.69%
2025-05-01374.17M USD650.49M kg$0.58/kg+52.99%+42.39%+7.44%
2025-06-01412.64M USD741.83M kg$0.56/kg+10.28%+14.04%-3.30%
2025-07-01354.49M USD698.07M kg$0.51/kg-14.09%-5.90%-8.71%
2025-08-01233.31M USD616.42M kg$0.38/kg-34.18%-11.70%-25.47%
2025-09-01358.30M USD719.53M kg$0.50/kg+53.57%+16.73%+31.56%
2025-10-01317.44M USD648.15M kg$0.49/kg-11.40%-9.92%-1.65%
2025-11-0190.15M USD306.92M kg$0.29/kg-71.60%-52.65%-40.02%

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Peru HS Code 271111 Export Breakdown

Market Composition & Top Categories

Peru's HS Code 271111 export structure for Liquefied Natural Gas (LNG) is entirely dominated by a single product category. According to yTrade data, liquefied natural gas accounts for 100% of the total export value and volume for this code throughout most of 2025. No other sub-codes registered any meaningful trade activity during this period, indicating a highly concentrated export profile for Peru HS Code 271111.

Value Chain & Strategic Insights

The unit price of $0.52 per kilogram confirms this is a pure commodity market driven by volume and price sensitivity rather than product differentiation. This Peru HS Code 271111 breakdown reveals a trade structure focused entirely on bulk energy exports without value-added processing. The market operates on standard global pricing mechanisms typical for LNG commodities, where margins are tight and competition is based on production costs and logistics efficiency rather than product specialization.

Check Detailed HS Code 271111 Breakdown

Peru Liquefied Natural Gas Destination Countries

Geographic Concentration & Market Risk

Peru's Liquefied Natural Gas exports through November 2025 demonstrate a high dependence on a single market. SOUTH KOREA is the dominant partner, accounting for 31.16% of total export value, a share more than double that of the next largest buyer, Spain. This concentration indicates significant market risk, as Peru's export revenue stream is heavily tied to South Korean demand and pricing cycles.

Purchasing Behavior & Demand Segmentation

The market for Peruvian LNG is defined by quality-driven demand, not bulk purchasing. South Korea’s value ratio (31.16%) is substantially higher than its weight ratio (27.50%), a clear premium signal. This value-volume gap indicates Korean buyers are paying more per kilogram, targeting high-value specifications for their energy sector rather than seeking the cheapest bulk supply. This purchasing behavior points to a market offering superior margin potential over volume scale for Peru's trade partners for Liquefied Natural Gas.

Table: Peru Liquefied Natural Gas (HS Code 271111) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
SOUTH KOREA1.07B4.05M29.001.83B
SPAIN609.56M2.76M27.001.10B
JAPAN475.81M2.17M16.00977.36M
FRANCE465.33M2.08M15.00937.00M
CHINA MAINLAND426.01M1.84M12.00829.29M
NETHERLANDS************************

Get Peru Liquefied Natural Gas (HS Code 271111) Complete Destination Countries Profile

Peru Liquefied Natural Gas Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, the market for Peru Liquefied Natural Gas buyers is dominated by a single group of Key Accounts, representing 100% of the trade value and volume from January to November 2025. This cluster, led by SHELL INTERNATIONAL TRADING MIDDLE EAST LIMI, operates as long-term, high-volume repeaters with stable purchasing patterns. The complete absence of other buyer types indicates a highly consolidated and contract-driven supply chain.

Purchasing Behavior & Sales Strategy

This concentration creates significant client dependency risk, making relationship management and contract renewal the top priority for sellers. Suppliers should focus on deepening integration with these core partners through reliability and service excellence, rather than pursuing new client acquisition. For HS Code 271111 buyer trends, this suggests a market where trust and consistent performance outweigh spot price fluctuations or broad marketing efforts.

Table: Peru Liquefied Natural Gas (HS Code 271111) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
SHELL INTERNATIONAL TRADING MIDDLE EAST LIMI1.76B9.66M76.004.35B
SHELL INTERNATIONAL TRADING MIDDLE EAST LIM139.93M777.38K5.00349.85M
SGS NORTH AMERICA INC0.1420.002.006.00
******************************

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Action Plan for Liquefied Natural Gas Market Operation and Expansion

  • Diversify buyer base: Reduce reliance on Shell and South Korea by targeting premium markets like Spain (second-largest importer) to mitigate contract renewal risks.
  • Lock in long-term contracts: Hedge against spot price volatility by securing multi-year agreements during demand peaks (e.g., Q1 surge).
  • Optimize logistics costs: Bulk shipping efficiencies are critical for maintaining margins in a price-sensitive commodity market.
  • Monitor Korean demand cycles: Align production with South Korea’s premium purchasing patterns (31.16% value share vs. 27.50% volume share).
  • Audit contract terms: Renegotiate pricing clauses to reflect the steep November price drop ($0.29/kg) and protect against future volatility.

Take Action Now —— Explore Peru Liquefied Natural Gas HS Code 271111 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Liquefied Natural Gas Export in 2025?

Peru's LNG exports saw a 64% Q1 surge followed by a 60% drop by November 2025, driven by shifting buyer concentrations and seasonal demand dips. The volatility reflects contract reshuffling and spot market exposure, with unit prices falling from $0.64/kg to $0.29/kg.

Q2. Who are the main destination countries of Peru Liquefied Natural Gas (HS Code 271111) in 2025?

South Korea dominates with 31.16% of export value, followed by Spain at roughly half that share. France also captured 43.5% of shipments in October, indicating fluctuating buyer concentration.

Q3. Why does the unit price differ across destination countries of Peru Liquefied Natural Gas Export in 2025?

South Korea pays a premium (31.16% value share vs. 27.50% weight share), signaling demand for high-value LNG specifications. Other markets likely follow standard bulk commodity pricing at $0.52/kg.

Q4. What should exporters in Peru focus on in the current Liquefied Natural Gas export market?

Exporters must prioritize relationship management with the sole buyer cluster (100% of trade) and leverage South Korea’s premium pricing, as the market is contract-driven with no product differentiation.

Q5. What does this Peru Liquefied Natural Gas export pattern mean for buyers in partner countries?

Buyers face dependency risks but benefit from stable, high-volume supply. South Korean buyers secure higher-margin LNG, while others access bulk commodity shipments at competitive rates.

Q6. How is Liquefied Natural Gas typically used in this trade flow?

Peru’s LNG exports serve as a bulk energy commodity, primarily for power generation and industrial use in partner countries, with no value-added processing in the export chain.

Detailed Monthly and Quarterly Report

Peru HS Code 271111 Export Data Snapshot 2025 JAN

Peru HS Code 271111 Export Data Snapshot 2025 FEB

Peru HS Code 271111 Export Data Snapshot 2025 MAR

Peru HS Code 271111 Export Data Snapshot 2025 APR

Peru HS Code 271111 Export Data Snapshot 2025 MAY

Peru HS Code 271111 Export Data Snapshot 2025 JUN

Peru HS Code 271111 Export Data Snapshot 2025 AUG

Peru HS Code 271111 Export Data Snapshot 2025 SEP

Peru HS Code 271111 Export Data Snapshot 2025 OCT

Peru HS Code 271111 Export Data Snapshot 2025 Q1

Peru HS Code 271111 Export Data Snapshot 2025 Q2

Peru HS Code 271111 Export Data Snapshot 2025 Q3

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