Peru Liquefied Petroleum Gas HS2711 Export Data 2025 April Overview

Peru Liquefied Petroleum Gas (HS 2711) 2025 April Export: Key Takeaways

Peru's Liquefied Petroleum Gas exports (HS Code 2711) in April 2025 reveal a premium-driven market, with South Korea dominating as the top buyer at 91.12% of export value, paying higher unit prices for slightly higher-grade product. Spain emerges as a secondary premium destination, while regional Latin American trade remains low-margin. The market shows stable demand, with exporters advised to prioritize Asian and European buyers while exploring untapped potential in the US. This analysis, covering April 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Liquefied Petroleum Gas (HS 2711) 2025 April Export Background

Peru’s Liquefied Petroleum Gas (HS Code 2711: Petroleum gases and other gaseous hydrocarbons) fuels industries like heating, cooking, and petrochemicals, with steady global demand due to its energy efficiency. Despite no recent policy shifts, Peru remains a key exporter, shipping $1.83B in 2023, primarily to the UK, South Korea, and Japan [OEC]. As of April 2025, Peru’s Liquefied Petroleum Gas exports under HS Code 2711 continue to thrive, backed by stable trade flows and strong Asian and European markets.

Peru Liquefied Petroleum Gas (HS 2711) 2025 April Export: Trend Summary

Key Observations

In April 2025, Peru's Liquefied Petroleum Gas exports under HS Code 2711 saw a sharp contraction, with value dropping 38% month-over-month to $245.21 million and volume falling 39% to 457.59 million kg, despite a marginal unit price increase to $0.54 USD/kg.

Price and Volume Dynamics

The first quarter of 2025 exhibited strong growth, with volume rising 64% from January to March, likely driven by seasonal stock replenishment in key Northern Hemisphere markets during winter. However, April's decline aligns with typical post-winter demand softening, as heating needs diminish. Unit price erosion from $0.64/kg in January to $0.53/kg in March reflected competitive global supply pressures, with April's slight rebound indicating price stabilization amid lower volumes.

External Context and Outlook

Peru's LPG export stability is underpinned by consistent demand from major partners like the UK and South Korea, which accounted for significant portions of 2023's $1.83 billion in exports [OEC World]. With no new trade policy changes reported [USDA GAIN Report], the April 2025 performance for Peru Liquefied Petroleum Gas HS Code 2711 Export hinges on global energy price volatility and industrial consumption cycles in Asia and Europe.

Peru Liquefied Petroleum Gas (HS 2711) 2025 April Export: HS Code Breakdown

Product Specialization and Concentration

In April 2025, Peru's export of Liquefied Petroleum Gas under HS Code 2711 is overwhelmingly concentrated in one sub-product: 2711110000, described as petroleum gases and other gaseous hydrocarbons liquefied, specifically natural gas. This product alone represents over 99% of both the export value and weight, with a unit price of 0.54 USD per kilogram. The high concentration indicates a specialized trade focus on liquefied natural gas as the primary commodity.

Value-Chain Structure and Grade Analysis

The minor export components include gaseous natural gas (2711210000) at 0.84 USD per kg and liquefied propane (2711120000) at 0.99 USD per kg, which together account for less than 1% of total exports. These are categorized by form and specific type, with gaseous natural gas and propane offering slightly higher unit prices due to different handling or purity requirements. The narrow price range and bulk nature suggest a fungible commodity market, where products are traded based on standard energy indices rather than significant differentiation.

Strategic Implication and Pricing Power

For exporters in Peru, the dominance of liquefied natural gas under HS Code 2711 implies that pricing power is largely tied to global energy markets and demand fluctuations. Strategic efforts should focus on maintaining cost efficiency and leveraging existing trade partnerships, as Peru is a significant player in petroleum gas exports. According to [OEC World], the country exported $1.83 billion in petroleum gas in 2023, with key markets like the UK and South Korea, underscoring the importance of these relationships for future stability.

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Peru Liquefied Petroleum Gas (HS 2711) 2025 April Export: Market Concentration

Geographic Concentration and Dominant Role

South Korea dominates Peru's Liquefied Petroleum Gas exports in April 2025, accounting for 91.12% of total value but only 93.88% of weight, indicating it purchases slightly higher-grade product. This pattern confirms South Korea as the premium market for Peru's HS Code 2711 exports, with Spain serving as a secondary premium destination at 8.56% value share.

Partner Countries Clusters and Underlying Causes

Three clear clusters emerge: premium Asian/European buyers (South Korea, Spain) paying higher unit prices, regional Latin American partners (Peru, Ecuador) trading smaller volumes at significantly lower values, and minimal US participation. The $0.52/kg unit price for South Korea versus $0.0001/kg for Ecuador suggests different product specifications or trade terms. Peru's domestic shipments and Ecuador's proximity likely facilitate low-value regional trade in standard-grade product.

Forward Strategy and Supply Chain Implications

Exporters should prioritize maintaining premium Asian markets while exploring potential in other European buyers. The minimal US presence suggests untapped potential in that market. Regional Latin American trade will likely remain a stable, lower-margin segment. Peru exported $1.83B in petroleum gas in 2023 [Export Genius], with major destinations including the UK and South Korea [OEC World], confirming these established trade patterns. Supply chains should be optimized for large-volume shipments to Asia while maintaining flexibility for smaller regional orders.

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Peru Liquefied Petroleum Gas (HS 2711) 2025 April Export: Buyer Cluster

Buyer Market Concentration and Dominance

The Peru Liquefied Petroleum Gas Export 2025 April market under HS Code 2711 is overwhelmingly concentrated among buyers with large, regular orders. This group holds 99.97% of the total export value and 77.14% of transaction frequency, defining the market as high-volume and consistent. The median export profile is dominated by a few major players, with two companies accounting for nearly all trade value and volume during this period.

Strategic Buyer Clusters and Trade Role

The remaining three segments of buyers play minimal roles. A small group of buyers places frequent but low-value orders, likely for testing or ancillary needs. Another set consists of very infrequent, negligible-value transactions, often linked to inspection or certification services. There are no buyers in the segment that would typically place large, one-off orders, which is common in commodity trades like liquefied petroleum gas.

Sales Strategy and Vulnerability

For Peruvian exporters, the strategy must focus on maintaining relationships with the major regular buyers, as the market lacks diversification. The high dependence on a few buyers creates vulnerability to demand shifts, but the current export pattern appears stable. Recent trade data shows no policy changes affecting HS Code 2711 exports, with Peru continuing as a significant energy exporter to destinations like the UK and Asia [USDA]. This reinforces that the sales model should prioritize reliability over expansion.

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Peru Liquefied Petroleum Gas (HS 2711) 2025 April Export: Action Plan for Liquefied Petroleum Gas Market Expansion

Strategic Supply Chain Overview

Peru's Liquefied Petroleum Gas Export 2025 April under HS Code 2711 operates as a bulk commodity market. Price is driven by global energy indices and buyer-specific grade requirements. South Korea's premium payments confirm this link to quality. The supply chain implication is high exposure to geopolitical shifts and demand changes from a few major buyers. This creates risk but also stability through established trade routes to Asia and Europe.

Action Plan: Data-Driven Steps for Liquefied Petroleum Gas Market Execution

• Analyze shipment frequency to major buyers like South Korea. This prevents over-reliance and identifies backup partners early.
• Track unit price differences between destinations. Adjust product specs to maximize value in premium markets.
• Monitor trade policy updates for HS Code 2711. Early awareness avoids disruptions in key export channels.
• Explore buyer data in underpenetrated markets like the US. Targeted outreach can diversify revenue streams.
• Optimize logistics for large-volume Asian shipments. Cost efficiency protects margins in competitive trades.

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Frequently Asked Questions

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

A1. The 38% month-over-month value drop reflects post-winter demand softening in key markets, following a strong Q1 surge. The slight unit price rebound to $0.54/kg suggests stabilization amid lower volumes.

Q2. Who are the main partner countries in this Peru Liquefied Petroleum Gas Export 2025 April?

A2. South Korea dominates with 91.12% of export value, followed by Spain at 8.56%. Regional Latin American trade (e.g., Ecuador) accounts for minimal volumes at much lower unit prices.

Q3. Why does the unit price differ across Peru Liquefied Petroleum Gas Export 2025 April partner countries?

A3. Premium markets like South Korea pay $0.52/kg for liquefied natural gas (99% of exports), while regional buyers trade standard-grade product at near-negligible prices (e.g., Ecuador at $0.0001/kg).

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

A4. Prioritize relationships with major Asian buyers (e.g., South Korea) due to their 99.97% value share. Maintain cost efficiency, as the market lacks diversification and is vulnerable to demand shifts.

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

A5. South Korean buyers benefit from stable, high-volume supply but depend heavily on Peru. Regional buyers like Ecuador access low-cost, small-volume shipments for ancillary needs.

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

A6. Primarily traded as liquefied natural gas (99% of exports) for energy and heating, with minor propane and gaseous natural gas volumes for specialized industrial uses.