Peru Lead Ore HS2607 Export Data 2025 February Overview

Peru Lead Ore (HS 2607) 2025 February Export: Key Takeaways

Peru's Lead Ore exports (HS Code 2607) in February 2025 reveal a market split between high-volume, lower-grade shipments to China (56% of volume, 45% of value) and premium-priced concentrates to South Korea and Japan, reflecting divergent industrial demand. China's dominance as a bulk buyer creates concentration risk, while South Korea’s reliance on Peru for 25% of its imports underscores strategic opportunities. This analysis, covering February 2025, is based on verified Customs data from the yTrade database.

Peru Lead Ore (HS 2607) 2025 February Export Background

Peru's Lead Ore (HS Code 2607: Lead ores and concentrates) is a critical raw material for battery manufacturing and industrial alloys, driving steady global demand. As climate-related trade measures reshape mineral markets, Peru remains a top supplier, accounting for 25% of South Korea’s imports in 2024 [GTAIC]. For February 2025 exports, Peru’s simplified customs duty restitution rate drops to 1%, impacting HS Code 2607 shipments [Chambers], while exporters face tighter documentation rules to maintain competitiveness.

Peru Lead Ore (HS 2607) 2025 February Export: Trend Summary

Key Observations

Peru Lead Ore HS Code 2607 Export in 2025 February saw a sharp contraction, with unit prices plunging 18% month-on-month to $1.97/kg and export volumes dropping 29% from January.

Price and Volume Dynamics

The steep decline in both price and volume reflects typical destocking behavior in global industrial supply chains during early-year slowdowns. Lead ore, heavily tied to battery and manufacturing sectors, often faces volatile demand shifts as buyers adjust inventories. The 29% volume drop to 40.76M kg indicates weakened immediate demand, while the price dip to $1.97/kg suggests oversupply or competitive pressure in key markets like South Korea, where Peru holds a 25% import share [GTAIC].

External Context and Outlook

Upcoming Peruvian customs reforms, including a reduction in duty restitution rates from July 2025 [Chambers], may be prompting earlier export adjustments. While February’s softness aligns with cyclical demand patterns, broader climate-related trade measures could gradually affect mineral competitiveness. Exporters should monitor policy timelines and diversify away from price-sensitive markets to mitigate volatility.

Peru Lead Ore (HS 2607) 2025 February Export: HS Code Breakdown

Product Specialization and Concentration

For Peru's Lead Ore HS Code 2607 Export in February 2025, the market is entirely dominated by a single product: Lead ores and concentrates under sub-code 2607000000. This product accounts for 100 percent of the export value, weight, and frequency, with a unit price of 1.97 US dollars per kilogram, indicating a highly specialized and uniform export structure focused on raw materials.

Value-Chain Structure and Grade Analysis

With only one sub-code present, the export consists solely of raw lead ores and concentrates in bulk form. This structure points to a trade in fungible commodities, where products are standardized and likely priced based on global market indices rather than differentiated features, emphasizing Peru's role in supplying unprocessed mineral resources.

Strategic Implication and Pricing Power

As a bulk commodity exporter, Peru faces limited pricing power due to dependence on global demand and price fluctuations for lead ores. Strategic focus should center on maintaining cost efficiency and exploring value-addition opportunities. [GTAIC] notes Peru's significant share in key markets like South Korea, reinforcing the need to monitor competitive pressures and climate-related trade measures that could impact future exports.

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Peru Lead Ore (HS 2607) 2025 February Export: Market Concentration

Geographic Concentration and Dominant Role

In February 2025, China Mainland dominated Peru's Lead Ore (HS Code 2607) exports by weight, with a 56.23% share, but held only a 44.99% value share. This disparity suggests China imports bulk, lower-grade ore at a lower unit price per kilogram compared to other partners.

Partner Countries Clusters and Underlying Causes

Two clusters emerge: China with high volume but lower value density, likely due to its large-scale smelting needs for raw ore. South Korea and Japan form a second cluster with higher value per weight, indicating imports of higher-grade or more processed concentrates, possibly for precision manufacturing. Peru's role as a key supplier to South Korea, accounting for 25% of its imports [GTAIC], supports this pattern.

Forward Strategy and Supply Chain Implications

For Peru Lead Ore HS Code 2607 export in 2025 February, focus on maintaining quality for higher-value markets like South Korea and Japan. Be aware of Peru's upcoming duty rate changes, which may affect export costs (Chambers Global Practice Guides). Monitor global climate-related trade measures that could impact demand for mineral exports.

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Peru Lead Ore (HS 2607) 2025 February Export: Buyer Cluster

Buyer Market Concentration and Dominance

In February 2025, the Peru Lead Ore Export market for HS Code 2607 shows high concentration, with one group of buyers responsible for over 90% of the export value. This dominant segment consists of frequent, high-volume purchasers, making bulk transactions the norm across the four segments of buyers. The market is characterized by regular, large-scale trade, with the median transaction likely involving significant quantities due to the commodity nature of lead ore.

Strategic Buyer Clusters and Trade Role

The other buyer segments play smaller but distinct roles. Buyers with high value but low frequency may represent large, infrequent orders, possibly for specific projects or stockpiling. Those with low value but high frequency are likely regular small buyers, such as local distributors or smaller mining firms. The segment with low value and low frequency includes occasional, minor purchasers, which could be new entrants or one-off spot buyers.

Sales Strategy and Vulnerability

For exporters in Peru, the strategy should focus on maintaining strong relationships with the dominant bulk buyers to secure steady revenue, but this reliance poses a risk if market demand shifts. There is an opportunity to engage smaller, frequent buyers for diversification and stability. According to Chambers Global Practice Guides, customs duty changes may affect export costs, emphasizing the need for cost management in sales models (Chambers).

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Peru Lead Ore (HS 2607) 2025 February Export: Action Plan for Lead Ore Market Expansion

Strategic Supply Chain Overview

Peru Lead Ore Export 2025 February under HS Code 2607 operates as a bulk commodity market. Price is driven by global demand shifts and ore grade differentials. China’s high-volume, lower-value purchases contrast with South Korea and Japan’s premium for higher-grade concentrates. Supply chain implications center on Peru’s role as a raw material supplier, with high dependency on a few bulk buyers creating vulnerability to demand shocks or policy changes like customs duties.

Action Plan: Data-Driven Steps for Lead Ore Market Execution

• Track real-time unit prices by destination to identify premium markets like South Korea and Japan, securing higher margins for quality shipments.
• Analyze buyer transaction frequency to anticipate order cycles from dominant bulk clients, ensuring production aligns with demand and avoids overstock.
• Monitor trade policy updates from sources like Chambers Guides to adjust pricing for duty changes, protecting export profitability.
• Engage smaller, frequent buyers with tailored offers to diversify the client base and reduce reliance on a few large purchasers.

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Frequently Asked Questions

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

Peru's Lead Ore exports saw an 18% drop in unit price ($1.97/kg) and a 29% decline in volume (40.76M kg) due to early-year destocking and oversupply in key markets like South Korea, where Peru holds a 25% import share.

Q2. Who are the main partner countries in this Peru Lead Ore Export 2025 February?

China Mainland dominated with 56.23% of export weight but only 44.99% of value, while South Korea and Japan formed a higher-value cluster, likely importing more processed concentrates.

Q3. Why does the unit price differ across Peru Lead Ore Export 2025 February partner countries?

The price gap stems from China importing bulk, lower-grade ore at a lower unit price, while South Korea and Japan pay more for higher-grade or processed concentrates.

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

Exporters should prioritize maintaining cost efficiency for bulk buyers (90% of trade) while diversifying into higher-value markets like South Korea and Japan to mitigate price volatility.

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

Buyers in China benefit from steady bulk supply, while South Korean and Japanese buyers rely on Peru for higher-grade ore, making them sensitive to quality and policy changes.

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

Lead Ore is primarily exported as raw concentrates (HS Code 2607000000) for smelting and industrial uses, such as battery manufacturing and precision components.