Peru Molybdenum Ore HS2613 Export Data 2025 August Overview

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

Peru's Molybdenum Ore (HS Code 2613) Export in August 2025 reveals a high-grade market dominated by China and Chile, with China accounting for 40.51% of volume but paying lower prices (19.88 USD/kg) compared to Chile's 25.46 USD/kg, reflecting quality differences. Buyer concentration is significant, with these two markets absorbing over 70% of exports, while secondary clusters like the U.S. and South Korea show moderate demand. The recent export duty reduction to 1% or 0.5% of FOB value (effective July 2025) enhances competitiveness, as noted in Chambers Global Practice Guides. This analysis is based on cleanly processed Customs data from the yTrade database, covering August 2025.

Peru Molybdenum Ore (HS 2613) 2025 August Export Background

Peru's Molybdenum Ore (HS Code 2613: Molybdenum ores and concentrates) is critical for steel alloys and industrial catalysts, with steady global demand driven by manufacturing and energy sectors. As of August 2025, Peru remains a top exporter, ranking alongside Chile and the U.S., while simplified customs duty restitution (now 1% or 0.5% of FOB value) under Supreme Decrees No 189-2024-EF and No 197-2024-EF eases trade flows [Chambers Global Practice Guides]. The country’s mining efficiency and SUNAT oversight solidify its strategic role in 2025 exports.

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

Key Observations

Peru Molybdenum Ore HS Code 2613 Export in August 2025 demonstrated a sharp recovery in unit price to 22.64 USD/kg, rebounding strongly from July's anomalous low and returning to robust value and volume levels typical for this commodity.

Price and Volume Dynamics

Month-over-month, August's unit price surged over 2000% from July's extreme low of 1.05 USD/kg, while volume normalized to 8.75 million kg from a spike of 96.18 million kg. This volatility contrasts with molybdenum ore's usual stability driven by steady industrial demand in steel and alloy production. The July aberration likely stemmed from temporary market distortions, such as accelerated stock clearances or pre-policy shipment rushes, rather than fundamental shifts in demand cycles.

External Context and Outlook

The August stabilization aligns with Peru's position as a top global molybdenum exporter [Volza] and recent policy changes, including reduced customs duty restitution rates effective July 2025 (Chambers). These adjustments may have prompted July's volume surge at depressed prices, with markets quickly correcting. Ongoing trade policies, such as potential tariff impacts from U.S. initiatives, could influence future export flows, but Peru's strong export foundation supports a positive outlook for 2025.

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

Product Specialization and Concentration

In August 2025, Peru's export of Molybdenum Ore under HS Code 2613 is entirely dominated by a single product: non-roasted molybdenum ores and concentrates, with no other sub-codes present. This product accounts for 100% of the export value and weight, with a unit price of 22.64 USD per kilogram, indicating a highly specialized and concentrated market for Peru Molybdenum Ore HS Code 2613 Export in 2025 August.

Value-Chain Structure and Grade Analysis

The export structure for Peru Molybdenum Ore HS Code 2613 consists solely of raw, non-roasted concentrates, which are typical bulk commodities. This implies a trade in fungible materials that are likely priced against global metal indices, with no evidence of value-add stages, grade differentiations, or other product forms in the data for 2025 August.

Strategic Implication and Pricing Power

For Peru Molybdenum Ore HS Code 2613 Export, the high concentration in a single commodity product suggests potential pricing power due to market dominance, but as a bulk material, prices are influenced by international supply and demand dynamics. Exporters should focus on cost efficiency and market timing to leverage Peru's position, supported by its role as a top global exporter [OEC] (OEC).

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

Geographic Concentration and Dominant Role

Peru Molybdenum Ore HS Code 2613 Export in August 2025 is highly concentrated, with China Mainland as the dominant partner by volume, accounting for 40.51% of total weight. Chile follows closely with 32.97% weight share but shows a higher value ratio of 37.03% compared to its weight, indicating Chile purchases higher-grade ore at around 25.46 USD per kg, while China's lower value ratio of 35.54% versus weight suggests lower-grade ore at approximately 19.88 USD per kg.

Partner Countries Clusters and Underlying Causes

The partner countries form two clear clusters: first, China and Chile as major buyers, likely due to their strong metal processing industries and regional demand for raw materials. Second, the United States, Netherlands, and South Korea make up a secondary cluster with moderate volumes, driven by industrial manufacturing needs. Thailand represents a minor cluster with minimal trade, possibly due to limited local demand or alternative sourcing.

Forward Strategy and Supply Chain Implications

Exporters should focus on maintaining stable supply to key markets like China and Chile, while exploring opportunities in secondary clusters. The recent reduction in export duties to 1% or 0.5% of FOB value, effective July 2025, as per [Chambers Global Practice Guides], lowers costs and enhances competitiveness for Peruvian Molybdenum Ore exports, advising players to leverage this for better pricing and contract security. (Chambers)

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

Buyer Market Concentration and Dominance

The Peru Molybdenum Ore Export 2025 August market is heavily concentrated, with one group of buyers responsible for 78.44% of the total export value under HS Code 2613. This dominant segment, consisting of just two major mining companies, also accounts for 60.34% of all shipments and 73.97% of the total volume. The median transaction size is large, confirming this is a bulk commodity market dominated by a few high-volume, high-value buyers.

Strategic Buyer Clusters and Trade Role

The remaining three segments of buyers play distinct roles. A second group, represented by a single large mining company, makes infrequent but very large purchases, contributing 6.25% of the total value. A third group of buyers places regular, smaller orders, accounting for 12.37% of the value through frequent transactions. The smallest segment consists of occasional buyers making minor purchases, representing just 2.93% of the total export value.

Sales Strategy and Vulnerability

For Peruvian exporters, the sales strategy must prioritize maintaining strong relationships with the two dominant buyers, as they drive nearly 80% of revenue. The high market concentration creates vulnerability to demand shifts from these key accounts. The export model should focus on securing long-term contracts with major miners, while efficiently managing smaller, regular orders. [FreightAmigo] notes simplified duty structures support this volume-focused approach, though dependence on few buyers remains the primary risk.

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

Strategic Supply Chain Overview

Peru Molybdenum Ore Export 2025 August under HS Code 2613 is a pure bulk commodity trade. Prices are driven by two factors: ore grade quality and global metal index benchmarks. The market is dominated by two major mining buyers, creating high revenue concentration risk. Supply chains must prioritize raw material security and efficient bulk logistics to processing hubs like China and Chile. Recent duty reductions to 0.5-1% of FOB value enhance Peru's cost competitiveness but do not offset buyer dependence vulnerabilities.

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

• Negotiate long-term contracts with top buyers using shipment volume data. This secures stable revenue despite commodity price swings.
• Segment buyers by purchase frequency and volume to allocate resources efficiently. Focus sales efforts on high-value, regular clients to maximize yield.
• Monitor global molybdenum price indices and adjust export timing accordingly. This captures peak pricing windows and avoids low-value periods.
• Leverage the 2025 duty reduction to offer competitive pricing to secondary markets. Expand into smaller but consistent buyers like the US and South Korea to diversify risk.
• Track ore grade specifications per destination (e.g., Chile’s higher-grade demand). Optimize product sorting to match buyer premium requirements and increase margins.

Final Note

Peru Molybdenum Ore HS Code 2613 exporters must balance bulk efficiency with buyer diversification. Use trade data to anticipate demand shifts and lock in contracts early.

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Frequently Asked Questions

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

The August 2025 rebound in unit price (22.64 USD/kg) reflects a market correction after July's anomalous low, likely caused by temporary stock clearances or policy-driven shipment rushes. Peru's export structure remains stable, dominated by raw, non-roasted concentrates priced against global indices.

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

China (40.51% of volume) and Chile (32.97% of volume) dominate, with Chile paying higher unit prices (25.46 USD/kg) compared to China (19.88 USD/kg). The U.S., Netherlands, and South Korea form a secondary cluster.

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

Price differences stem from grade variations: Chile purchases higher-grade ore (25.46 USD/kg), while China buys lower-grade (19.88 USD/kg). The export consists solely of non-roasted concentrates, with no value-add stages.

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

Exporters must prioritize relationships with the two dominant buyers (78.44% of value) while securing long-term contracts. Leveraging Peru's reduced export duties (1% or 0.5% of FOB value) can enhance competitiveness.

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

Buyers in China and Chile benefit from stable bulk supply but face pricing tied to global indices. Smaller buyers can exploit Peru's duty reductions for cost-efficient, smaller-volume purchases.

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

Molybdenum Ore is primarily used as a raw material in steel and alloy production, with Peru exporting non-roasted concentrates for further processing in industrial markets.