Peru Molybdenum Ore HS2613 Export Data 2025 February Overview

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

Peru's Molybdenum Ore (HS Code 2613) export market in February 2025 is tightly concentrated, with Chile and China dominating 65% of trade volume. Chile pays a premium, suggesting higher-grade ore or better logistics, while China's bulk purchases reflect its industrial demand. The market shows stability, with regional hubs like Chile and diversified buyers like the U.S. and South Korea balancing risk. Peru must prioritize quality and compliance to maintain premium pricing, leveraging long-term contracts for stability. This analysis covers February 2025 and is based on cleanly processed Customs data from the yTrade database.

Peru Molybdenum Ore (HS 2613) 2025 February 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 Peru ranking among the top exporters (2023: $1.47B) alongside Chile, new 2025 customs duty restitution rules may impact costs, though no major policy shifts hit in February [Chambers]. The country’s mining sector keeps Peru Molybdenum Ore HS Code 2613 Export 2025 February trade competitive, backed by SUNAT’s export controls and global market reliance.

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

Key Observations

Peru's Molybdenum Ore exports under HS Code 2613 experienced a sharp decline in February 2025, with export value dropping 28.4% month-over-month to $189.77 million, driven by a 24.5% decrease in volume to 9.48 million kg, while unit prices fell 5.3% to $20.01/kg.

Price and Volume Dynamics

The month-over-month contraction in Peru Molybdenum Ore export volume and value for February 2025 aligns with typical mining sector volatility, where short-term fluctuations often stem from operational adjustments or inventory management by major producers. The simultaneous drop in unit price suggests weakened global demand, possibly due to reduced orders from key industrial sectors like steel manufacturing, which heavily relies on molybdenum for alloy production. This trend indicates a cooling-off period after January's stronger performance, reflecting cyclical demand patterns rather than a structural shift.

External Context and Outlook

The absence of new restrictive policies in February 2025, as noted in export regulations [Volza], suggests that the decline was influenced by broader market conditions rather than regulatory changes. However, Peru's existing export controls enforced by SUNAT and upcoming customs duty restitution rules effective July 2025 (Chambers Global Practice Guides) may prompt exporters to cautiously manage shipments amid global trade uncertainties. Looking ahead, Peru's position as a top Molybdenum Ore exporter under HS Code 2613 remains solid, but market stability will depend on global industrial demand recovery and compliance with evolving trade norms.

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

Product Specialization and Concentration

Peru's Molybdenum Ore HS Code 2613 Export in February 2025 is entirely concentrated on a single product: Molybdenum ores and concentrates; other than roasted. This sub-code represents 100% of the export value, quantity, and weight, with a unit price of 20.01 USD per kilogram, indicating a highly specialized market focused on raw, unprocessed molybdenum materials.

Value-Chain Structure and Grade Analysis

With no other sub-codes present, the export structure lacks variety in forms or grades, confirming that Peru's trade under this code is homogenous and fungible. This aligns with typical bulk commodity markets, where products are standardized and priced based on global indices rather than value-added differentiation.

Strategic Implication and Pricing Power

The exclusive focus on unroasted concentrates means Peru's pricing power is directly influenced by global molybdenum demand and supply dynamics. Exporters must stay agile to price shifts and adhere to regulatory frameworks, such as those enforced by SUNAT [practiceguides.chambers.com], to maintain competitiveness.

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

Geographic Concentration and Dominant Role

Peru's Molybdenum Ore HS Code 2613 Export in 2025 February shows a tight market led by Chile and China, which together handle over 65% of the trade volume. Chile leads with a 34% share of the total export value but only 32% of the weight, meaning it pays more per kilogram. China follows with 32% of the value for 33% of the weight, paying slightly less. This difference suggests Chile may receive higher-grade ore or has better logistics for this commodity.

Partner Countries Clusters and Underlying Causes

The trade splits into three clear groups. Chile forms the top cluster, likely due to its nearby mines and shared regional trade networks. China stands alone as the major processing hub, buying large volumes for its industrial needs. The United States, Netherlands, and South Korea make up a smaller, diversified group, possibly sourcing specific ore grades or acting as trade intermediaries for global smelters.

Forward Strategy and Supply Chain Implications

Peru should focus on keeping ore quality high to maintain premium pricing with buyers like Chile. It must also watch for new customs rules, as Peru's export controls are managed by SUNAT and other ministries who enforce compliance and documentation [Chambers]. For stability, diversifying within the current buyer groups would help, but the main goal is to secure long-term contracts with key partners given the commodity nature of molybdenum ore.

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

Buyer Market Concentration and Dominance

In the Peru Molybdenum Ore Export for February 2025, under HS Code 2613, the buyer market is sharply concentrated, with one group of buyers dominating trade. This segment, characterized by high purchase value and frequent orders, holds 81.10% of the total export value and 69.49% of order frequency, indicating a market driven by large, regular transactions. The overall market for this period is defined by substantial volume and consistent buyer engagement, with the median export behavior leaning towards high-value, high-frequency purchases. Among the four segments of buyers, this dominant group overshadows the others in both value and activity.

Strategic Buyer Clusters and Trade Role

The other buyer segments show limited presence in February 2025. Buyers with high value but low frequency, and those with low value but high frequency, are absent, suggesting no sporadic large purchasers or small but frequent buyers in this commodity trade. The remaining segment, with lower value and less frequent orders, accounts for 18.90% of value share and represents smaller or occasional buyers, such as traders or minor end-users. For a bulk commodity like molybdenum ore, this structure highlights that trade is primarily sustained by major mining corporations with steady demand, while smaller players have a minor role.

Sales Strategy and Vulnerability

For exporters in Peru, the focus should be on maintaining strong relationships with the dominant large buyers to ensure stable revenue streams. The high concentration poses a risk of vulnerability to market shifts or buyer changes, but it also offers opportunity through reliable, high-volume sales. The sales model likely involves direct, long-term contracts tailored to bulk commodity handling. According to Chambers Global Practice Guides, Peru remains a key exporter with no new policies in February 2025, but upcoming customs changes in mid-2025 warrant monitoring for future adjustments (Chambers Global Practice Guides).

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

Strategic Supply Chain Overview

Peru Molybdenum Ore Export 2025 February under HS Code 2613 is a bulk commodity trade. Its price is driven by global molybdenum demand and ore quality. High-grade material attracts premium pricing, as seen with Chile. Supply chain implications focus on raw material security. Peru acts as a key supplier to processing hubs like China. Buyer concentration creates reliance on a few large clients. This brings stability but also vulnerability to demand shifts.

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

• Monitor buyer order frequency data to anticipate demand cycles. This prevents overproduction and aligns output with market needs.
• Track unit prices by destination to identify premium markets. Focus sales on buyers like Chile who pay more for quality.
• Diversify within existing buyer clusters to reduce dependency. Target similar large-volume importers to spread risk without losing volume.
• Use trade data to negotiate long-term contracts with top buyers. Secure stable revenue and lock in favorable terms amid price volatility.
• Watch for customs regulation updates from SUNAT in mid-2025. Adjust documentation early to avoid shipment delays and compliance issues.

Forward Strategy: Mitigating Risks and Seizing Opportunities

Peru must prioritize quality control to maintain premium pricing. It should also deepen relationships with major buyers in Chile and China. Diversifying within its current trade partners will reduce concentration risks. Regulatory vigilance is essential as new customs policies emerge. This approach ensures Peru remains a competitive global player in HS Code 2613 exports.

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Frequently Asked Questions

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

Peru's molybdenum ore exports fell sharply in February 2025, with a 28.4% drop in value and 24.5% in volume, driven by weaker global demand and cyclical market adjustments, not regulatory changes.

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

Chile (34% of export value) and China (32%) dominate, together accounting for over 65% of trade volume, followed by smaller buyers like the U.S., Netherlands, and South Korea.

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

Chile pays slightly more per kilogram than China, likely due to higher-grade ore or better logistics, as exports consist solely of unprocessed molybdenum concentrates priced at $20.01/kg.

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

Exporters must prioritize relationships with dominant bulk buyers (81% of value) while monitoring quality to sustain premium pricing with key partners like Chile and China.

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

Major buyers benefit from stable, high-volume supply, but smaller traders face limited opportunities, as the market is concentrated in large, regular transactions.

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

The exported unroasted concentrates are raw materials for industrial applications, primarily steel alloy production, reflecting Peru’s role as a bulk commodity supplier.