Peru Liquefied Petroleum Gas HS2711 Export Data 2025 March Overview

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

Peru's Liquefied Petroleum Gas (HS Code 2711) Export in 2025 March reveals a sharply divided market, with South Korea dominating as a premium buyer (56.69% of value) while regional transfers to Peru and Ecuador account for bulk volume but minimal value. The data confirms a high-value, long-haul supply chain to Asia and Europe alongside low-grade regional shipments, demanding distinct contractual terms. This analysis, covering 2025 March, is based on cleanly processed Customs data from the yTrade database.

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

Peru's Liquefied Petroleum Gas (HS Code 2711: Petroleum gases and other gaseous hydrocarbons) is a critical energy source for industries like manufacturing and heating, with stable global demand due to its efficiency. Recent data shows Peru exported $1.83B in petroleum gas in 2023, primarily to the UK, South Korea, and Japan, highlighting its role as a key supplier [OEC]. As of March 2025, while no new HS 2711 export policies have emerged, Peru's focus on customs compliance and trade agreements ensures its position in the 2025 export market remains strong.

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

Key Observations

Peru's Liquefied Petroleum Gas exports under HS Code 2711 surged in volume during March 2025, but unit prices plummeted to a low of $0.53 per kg, highlighting a competitive market shift.

Price and Volume Dynamics

Month-over-month, export volume jumped 25% from February to 749.67 million kg in March, while the unit price dropped 13% from $0.61 to $0.53 per kg. This pattern aligns with typical LPG industry cycles, where increased production or seasonal inventory builds—often ahead of peak demand periods—can lead to price softening despite higher shipment volumes. The value growth to $394.83 million was modest, indicating that volume gains offset price declines, a common dynamic in commodity exports.

External Context and Outlook

With no new policy changes reported for March 2025 [[International Trade 2025

• Peru](https://practiceguides.chambers.com/practice-guides/international-trade-2025/peru/trends-and-developments)], Peru's export performance likely responds to global LGP price pressures or strengthened demand from key partners like the UK and South Korea, where 2023 exports totaled $1.83 billion (Petroleum Gas in Peru Trade). Ongoing compliance with customs documentation remains critical, but macro factors such as energy market volatility and trade agreement benefits under the US-Peru FTA could sustain export momentum through 2025.

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

Product Specialization and Concentration

In March 2025, Peru's export of HS Code 2711 is overwhelmingly dominated by liquefied natural gas under sub-code 2711110000, which accounts for 99.9% of both value and weight. This product has a unit price of $0.53 per kilogram, while the minor sub-code 2711210000 for natural gas in gaseous state has a higher unit price of $0.83 per kilogram but only a 0.1% value share, indicating it is an isolated anomaly with negligible market impact.

Value-Chain Structure and Grade Analysis

The market structure consists of two clear categories based on physical form: liquefied natural gas, which is the primary bulk commodity, and gaseous natural gas, a niche variant. This split suggests a trade in fungible bulk commodities, where prices are likely tied to global energy indices rather than product differentiation, with no significant value-add stages present.

Strategic Implication and Pricing Power

Exporters face low pricing power due to the commodity nature of Peru's Liquefied Petroleum Gas exports, requiring focus on cost efficiency and volume. As Peru remains a key exporter, with $1.83 billion in petroleum gas exports in 2023 [OEC World], maintaining strict compliance with customs and origin documentation is crucial to avoid disruptions, as highlighted by increased scrutiny from Peruvian authorities.

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

Geographic Concentration and Dominant Role

Peru's Liquefied Petroleum Gas HS Code 2711 Export in 2025 March is heavily concentrated, with South Korea accounting for over half (56.69%) of the total export value. The country's value share (56.69%) significantly outpaces its weight share (50.61%), indicating it pays a premium unit price and receives higher-grade product. Spain and China Mainland are other major, high-value partners, with their value ratios also exceeding their weight shares.

Partner Countries Clusters and Underlying Causes

The data reveals two clear clusters. The first includes South Korea, Spain, and China Mainland; these partners have high value-to-weight ratios, suggesting they are final destinations paying for processed, ready-to-use LPG. The second cluster consists of Peru and Ecuador; they show massive volume shares (26.94% and 12.90% of total weight) but minuscule value shares (0.12% and 0.03%). This pattern points to these being low-value, bulk shipments, likely raw material transfers or low-grade product for further processing within a regional network.

Forward Strategy and Supply Chain Implications

For shippers, this split market means managing two distinct supply chains: high-value, long-haul routes to Asia and Europe, and high-volume, short-haul regional transfers. [OEC World] confirms Peru's role as a major LPG exporter. Maintaining compliance with strict customs documentation for all shipments is critical, as SUNAT scrutiny is high. The vast price difference between clusters underscores the need for clear product grading and separate contractual terms for premium versus bulk buyers.

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

Buyer Market Concentration and Dominance

The Peru Liquefied Petroleum Gas Export 2025 March market under HS Code 2711 is extremely concentrated. A single group of high-value, frequent buyers dominates, accounting for 99.85% of total export value. This group also represents 42% of all shipments but over 60% of total quantity, indicating large, regular transactions. The median trade pattern is defined by high volume and high frequency, with the dominant segment driving nearly all export revenue.

Strategic Buyer Clusters and Trade Role

Beyond the dominant segment, two other groups play smaller roles. One set of buyers places large orders but does so infrequently, suggesting occasional bulk purchases, possibly for storage or seasonal demand. Another group makes frequent but low-value purchases, likely representing local distributors or smaller regional consumers requiring regular, smaller shipments. The fourth segment shows no activity, indicating no presence of casual or irregular buyers in this market.

Sales Strategy and Vulnerability

For exporters in Peru, the heavy reliance on one buyer segment creates significant risk if that relationship changes. The strategic focus must be on maintaining this key partnership while exploring opportunities to diversify into the occasional bulk buyer segment. Exporters should also ensure strict compliance with documentation and origin rules, as recent customs scrutiny affects all major exports [Chambers Global Practice Guides]. The sales model should prioritize relationship management with the dominant client while developing standard processes for smaller, frequent buyers.

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

Strategic Supply Chain Overview

The Peru Liquefied Petroleum Gas Export 2025 March under HS Code 2711 is a bulk commodity trade. Price is driven by global energy indices and product grade, not value-added features. South Korea, Spain, and China pay premium prices for higher-grade shipments. Regional partners like Ecuador receive low-value bulk transfers. The supply chain must support two distinct flows: high-value long-haul routes and high-volume short-haul transfers. This creates reliance on key buyers and requires strict customs compliance to avoid disruptions.

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

• Use shipment frequency data to forecast demand from dominant buyers. This prevents inventory gaps and maintains relationship stability.
• Track real-time global energy indices to adjust contract pricing dynamically. This protects margins against commodity price swings.
• Analyze customs documentation for every HS Code 2711 shipment. This avoids penalties and ensures smooth cross-border clearance.
• Develop separate logistics plans for premium Asian/European routes and regional bulk transfers. This optimizes costs and delivery reliability.

Take Action Now —— Explore Peru Liquefied Petroleum Gas Export Data

Frequently Asked Questions

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

Peru's LPG exports surged 25% in volume but saw a 13% price drop to $0.53/kg, reflecting competitive pressures and potential pre-peak inventory builds in global markets.

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

South Korea dominates with 56.7% of export value, followed by Spain and China Mainland, while Peru and Ecuador handle high-volume, low-value regional transfers.

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

Liquefied natural gas (99.9% of exports) trades at $0.53/kg, while gaseous natural gas (0.1% share) commands $0.83/kg, with premium markets like South Korea paying higher rates.

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

Exporters must prioritize maintaining relationships with the dominant buyer segment (99.85% of value) while diversifying into occasional bulk buyers and ensuring strict customs compliance.

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

High-value buyers (e.g., South Korea) secure premium-grade LPG, while regional buyers (e.g., Ecuador) receive bulk shipments, creating distinct supply chains with varying pricing terms.

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

The trade is split between fungible bulk commodities (liquefied gas) for global energy markets and niche gaseous variants, with no significant value-add stages.