Peru Molybdenum Ore HS2613 Export Data 2025 April Overview

Peru Molybdenum Ore (HS 2613) 2025 April Export: Key Takeaways

Peru's Molybdenum Ore (HS Code 2613) exports in April 2025 reveal a high-grade concentrate market dominated by Chile and China, which account for over 85% of export value. Chile pays a premium, indicating superior ore quality, while China’s demand reflects its industrial scale. The market shows tight geographic concentration, creating both leverage and supply chain risk for Peru. This analysis covers April 2025 and is based on processed Customs data from the yTrade database. Buyers should secure long-term contracts as global molybdenum demand rises. Strategic diversification remains critical for Peru to mitigate reliance on two key markets.

Peru Molybdenum Ore (HS 2613) 2025 April Export Background

Peru's Molybdenum Ore (HS Code 2613), covering molybdenum ores and concentrates, is critical for steel alloys and industrial chemicals, driving steady global demand. With a new 1% duty reduction on exports under Supreme Decrees No 189-2024-EF and No 197-2024-EF [Chambers Global Practice Guides], Peru solidifies its role as a top exporter, holding 59% market share in 2025 [Volza]. April 2025 exports highlight its strategic position amid rising mineral trade.

Peru Molybdenum Ore (HS 2613) 2025 April Export: Trend Summary

Key Observations

Peru's Molybdenum Ore exports under HS Code 2613 in April 2025 marked a continued decline, with the unit price dropping to a quarterly low of 19.22 USD/kg, reflecting persistent softening in market conditions.

Price and Volume Dynamics

Month-over-month, April's unit price fell by 1.1% from March, while export value and volume decreased by 8.5% and 7.4%, respectively. This trend aligns with typical mining industry cycles, where reduced global industrial demand—particularly from steel manufacturing—often leads to lower prices and shipment volumes in early-year periods, as seen in the sequential dip from January's peak.

External Context and Outlook

Upcoming policy shifts, such as Peru's reduction in customs duties restitution to 1% and 0.5% effective July 2025 [Chambers Global Practice Guides], may bolster future export competitiveness. However, Peru's dominant export position (Volza) faces headwinds from global trade uncertainties, suggesting a cautious outlook for Molybdenum Ore markets through mid-2025.

Peru Molybdenum Ore (HS 2613) 2025 April Export: HS Code Breakdown

Product Specialization and Concentration

In April 2025, Peru's export of Molybdenum Ore under HS Code 2613 is fully specialized in a single product: Molybdenum ores and concentrates; other than roasted, which accounts for all export value and weight, with a unit price of 19.22 USD per kilogram.

Value-Chain Structure and Grade Analysis

This product is in its raw, unprocessed form, confirming it as a bulk commodity traded primarily on standard quality grades and global market indices, with no differentiation into higher-value or finished goods within this HS code breakdown.

Strategic Implication and Pricing Power

Peru's export focus on this undifferentiated commodity suggests pricing power is driven by global supply-demand dynamics rather than product uniqueness. Importers face ad valorem tariff duties of 0%, 6%, or 11% under the Peruvian Customs Tariff, which could influence trade flows [Chambers Global Practice Guides].

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Peru Molybdenum Ore (HS 2613) 2025 April Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Molybdenum Ore HS Code 2613 Export in 2025 April shows a highly concentrated market, with Chile and China Mainland together accounting for over 85% of the total export value. Chile stands as the dominant buyer, receiving 48.39% of the weight and 52.22% of the value, indicating it pays a slightly higher unit price for the ore. This value-to-weight premium suggests Chile is sourcing a higher-grade concentrate from Peru.

Partner Countries Clusters and Underlying Causes

The importers form two clear clusters. The first is regional mining neighbors, led by Chile, whose purchases are driven by geographic proximity and integrated regional smelting operations that require a steady supply of raw materials. The second cluster consists of major industrial manufacturers, with China Mainland as the prime example, importing large volumes to feed its massive domestic manufacturing and steel alloy production sectors. A third, smaller cluster includes the United States and South Korea, which are likely securing strategic reserves of this critical mineral for their advanced industrial and technology sectors.

Forward Strategy and Supply Chain Implications

For Peru, this geographic concentration on two primary buyers creates both leverage and vulnerability. To mitigate risk, Peru should prioritize diversifying its export destinations, potentially targeting other growing industrial economies in Asia. Maintaining consistent ore quality is crucial for upholding its premium position with Chile. For buyers, securing long-term supply contracts with Peruvian miners is the most stable strategy to ensure access to this critical raw material, especially as global demand for molybdenum in alloy production is expected to rise.

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Peru Molybdenum Ore (HS 2613) 2025 April Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Peru Molybdenum Ore Export for April 2025 under HS Code 2613, the buyer market is highly concentrated among four segments of buyers, with one group overwhelmingly dominant. The dominant buyers, who engage in frequent and high-value purchases, account for 88.46% of the total export value and 72.58% of shipment frequency. This indicates that the median transaction in this market involves large, regular shipments, typical for commodity exports like molybdenum ore, where a few key players drive most of the trade.

Strategic Buyer Clusters and Trade Role

The other buyer segments play smaller but distinct roles. Buyers with high value but low frequency represent 6.98% of the value, likely involving larger, infrequent contracts such as spot sales or project-based purchases common in mining commodities. Those with low value but high frequency contribute only 0.88% of the value, suggesting they are smaller-scale operators or traders making regular but minor shipments. Finally, buyers with low value and low frequency account for 3.69% of the value, possibly indicating new market entrants or irregular demand from niche players.

Sales Strategy and Vulnerability

For exporters in Peru, the strategic focus should prioritize maintaining strong relationships with the dominant high-value, high-frequency buyers to secure steady revenue, while also exploring opportunities in the smaller segments to diversify and reduce dependency risks. The high concentration poses a vulnerability to market shifts or buyer changes, so building flexibility into sales models is key. Additionally, upcoming regulatory changes, such as the reduction in customs duties restitution to 1% or 0.5% of FOB value effective July 2025 [Chambers Global Practice Guides], may impact cost calculations and require adjusted pricing strategies for future periods.

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Peru Molybdenum Ore (HS 2613) 2025 April Export: Action Plan for Molybdenum Ore Market Expansion

Strategic Supply Chain Overview

Peru Molybdenum Ore Export 2025 April under HS Code 2613 operates as a pure commodity market. Price is driven by global molybdenum index prices and ore quality grades. Chile pays a slight premium for higher-grade material. Supply chain implications focus on raw material security for processing hubs like Chile and China. Peru's role is as a bulk supplier with concentrated buyer and geographic risks.

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

• Segment buyers by purchase frequency and value using trade data. This allows you to prioritize relationship management with high-value, regular clients, securing stable revenue.
• Monitor and document ore quality grades for each shipment. This ensures you maintain the price premium with quality-sensitive buyers like Chile.
• Analyze import records to identify new growth markets in Asia. This reduces dependency on Chile and China by building a diversified buyer portfolio.
• Track regulatory changes like the upcoming customs duty adjustments. This lets you pre-adjust pricing strategies to protect profit margins from July 2025 onward.

Take Action Now —— Explore Peru Molybdenum Ore Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Molybdenum Ore Export 2025 April?

Peru's Molybdenum Ore exports declined in April 2025, with unit prices dropping 1.1% month-over-month to 19.22 USD/kg. This reflects softening global demand, particularly from steel manufacturing, and aligns with typical early-year mining industry cycles.

Q2. Who are the main partner countries in this Peru Molybdenum Ore Export 2025 April?

Chile and China Mainland dominate, accounting for over 85% of export value. Chile alone represents 52.22% of the value, while China serves as a key industrial buyer for manufacturing and steel alloy production.

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

Chile pays a slight premium (52.22% of value vs. 48.39% of weight), likely due to sourcing higher-grade concentrates. The product is otherwise a uniform bulk commodity, with pricing tied to global indices.

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

Exporters should prioritize relationships with dominant high-value/high-frequency buyers (88.46% of value) while diversifying to smaller segments. Geographic reliance on Chile and China requires risk mitigation through new market exploration.

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

Buyers face concentrated supply risks, making long-term contracts with Peruvian miners critical. Chile’s premium purchases reflect integrated regional smelting needs, while China’s bulk imports feed industrial demand.

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

The ore is exported in raw, unprocessed form for industrial applications—primarily steel alloy production and manufacturing inputs, with no downstream processing in Peru.