Peru Molybdenum Ore HS2613 Export Data 2025 January Overview

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

Peru's Molybdenum Ore (HS Code 2613) exports in January 2025 show strong geographic concentration, with Chile dominating as the primary buyer, accounting for 33% of value and weight—highlighting reliance on a single market. The product’s stable pricing suggests consistent high-grade quality, while the U.S. and China Mainland reinforce demand from key industrial hubs. This analysis, covering January 2025, is based on verified customs data from the yTrade database.

Peru Molybdenum Ore (HS 2613) 2025 January Export Background

Peru’s Molybdenum Ore (HS Code 2613: Molybdenum ores and concentrates) is a critical raw material for steel alloys and industrial chemicals, driving steady global demand. With Peru ranking among the top exporters—$1.47 billion in 2023—its trade policies remain stable, adhering to SUNAT’s 0%-11% tariff structure and upcoming duty restitution changes by July 2025 [Chambers]. As January 2025 begins, Peru’s export dominance in HS Code 2613 underscores its role in meeting international supply needs.

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

Key Observations

Peru's Molybdenum Ore exports under HS Code 2613 in January 2025 delivered a robust performance, with export value surging to approximately 265 million USD, more than doubling the estimated year-ago level based on 2023 averages, driven by strong volume and firm unit prices.

Price and Volume Dynamics

The January 2025 export volume of 12.55 million kg at a unit price of 21.13 USD/kg reflects typical post-year-end stock replenishment cycles in the mining sector, where Q1 often sees heightened activity as industrial buyers secure raw materials for annual production plans. This volume and price combination indicates sustained demand, particularly from steel and alloy industries globally, supporting the sharp year-over-year growth without significant quarter-over-quarter comparatives available.

External Context and Outlook

The stability in Peru's export environment for Molybdenum Ore is underpinned by existing trade agreements and consistent customs policies, with tariffs remaining at 0%, 6%, or 11% as noted in [Chambers Global Practice Guides], ensuring minimal disruption. However, exporters should monitor upcoming changes like the simplified duty restitution effective July 2025 (Chambers Global Practice Guides) and potential shifts in global trade dynamics, such as U.S. tariff policies, which could influence future pricing and demand for Peru Molybdenum Ore HS Code 2613 Export 2025 January.

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

Product Specialization and Concentration

In January 2025, Peru's export of Molybdenum Ore under HS Code 2613 is completely dominated by a single product: unroasted molybdenum ores and concentrates, with the sub-code 2613900000 accounting for the entire export value of 265 million USD. This product has a unit price of 21.13 USD per kilogram, which is consistent with bulk commodity pricing, and there are no other sub-codes or price anomalies present in the data.

Value-Chain Structure and Grade Analysis

The export structure for Peru Molybdenum Ore HS Code 2613 in 2025 January consists solely of raw, unprocessed material in the form of ores and concentrates. This indicates a trade focused on fungible bulk commodities, where products are standardized and likely priced against global indices, without any differentiation into higher-value or finished goods stages.

Strategic Implication and Pricing Power

For market players, Peru's export of Molybdenum Ore as a bulk commodity implies limited pricing power, dependent on international market demand and supply fluctuations. However, Peru's strong position as a top global exporter, supported by stable trade policies and existing agreements [Chambers], helps maintain consistent export flows. Strategic focus should remain on cost efficiency and compliance with customs regulations to leverage Peru's role in the global supply chain.

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

Geographic Concentration and Dominant Role

In January 2025, Peru's export of Molybdenum Ore HS Code 2613 shows strong geographic concentration, with CHILE as the dominant importer by both value and weight. CHILE accounts for 32.92% of the weight and 33.88% of the value, indicating a slight premium in unit price that may reflect consistent product quality typical for commodities. The United States and China Mainland follow with significant shares, reinforcing the focus on key markets for Peru Molybdenum Ore HS Code 2613 Export 2025 January.

Partner Countries Clusters and Underlying Causes

The importers form three clear clusters: first, CHILE, UNITED STATES, and CHINA MAINLAND handle over 80% of volume, driven by their large industrial bases and demand for molybdenum in steel production. Second, SOUTH KOREA imports a smaller but steady share, likely for specialized manufacturing. Third, NETHERLANDS and INDIA have minimal volumes, possibly serving as transit hubs or for limited local use.

Forward Strategy and Supply Chain Implications

For Peruvian exporters, prioritizing stable supply to major partners like CHILE and the US is key, given their dominant roles. Compliance with export controls and documentation is crucial to avoid penalties, as Peru maintains strict customs enforcement [Chambers]. Watch for global price fluctuations and prepare for upcoming duty changes in mid-2025 that could affect costs.

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

Buyer Market Concentration and Dominance

In January 2025, Peru's Molybdenum Ore export under HS Code 2613 shows a highly concentrated buyer market, dominated by one key segment. Buyers who make large, frequent purchases account for 85.92% of the total export value and 75.29% of transaction frequency, indicating that most trade comes from a few high-volume, regular clients. This segment handles 84.49% of the quantity, with representative companies like Sociedad Minera Cerro Verde S.A.A. and Compañia Minera Antamina S.A. The overall market for Peru Molybdenum Ore Export 2025 January is characterized by high-value, high-frequency transactions across four segments of buyers, with this dominant group driving the majority of revenue.

Strategic Buyer Clusters and Trade Role

The other buyer segments play smaller but distinct roles. Buyers with smaller but frequent purchases contribute 7.41% of value and 11.76% of frequency, representing steady, lower-volume demand, possibly from smaller mining or processing firms like Hudbay Peru S.A.C. Buyers with infrequent, smaller purchases account for 6.67% of value and 12.94% of frequency, including companies like Minera Las Bambas S.A, suggesting occasional or exploratory buyers in the commodity market. There are no buyers making large, infrequent purchases, which is typical for bulk commodities like molybdenum ore where consistent, high-volume relationships prevail.

Sales Strategy and Vulnerability

For exporters in Peru, the buyer structure suggests a strategic focus on maintaining strong relationships with dominant, high-volume buyers to secure stable revenue, while monitoring smaller segments for diversification opportunities. The high dependence on a few large buyers poses a risk if demand shifts, but the commodity nature of molybdenum ore and Peru's stable export environment, as noted in [Chambers Global Practice Guides], support continued bulk sales through long-term contracts. This aligns with the sales model of prioritizing reliability and volume over frequent small transactions.

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

Strategic Supply Chain Overview

Peru Molybdenum Ore Export 2025 January under HS Code 2613 operates as a bulk commodity market. Price is driven by global demand and molybdenum index benchmarks, not product differentiation. Supply chain implications focus on secure, high-volume logistics to processing hubs like Chile and the US. Peru’s role is as a reliable raw material supplier, with trade flowing through stable, high-volume contracts.

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

• Monitor global molybdenum price indices weekly to time export contracts, maximizing revenue against commodity cycles.
• Deepen relationships with top-volume buyers like Sociedad Minera Cerro Verde to secure long-term offtake agreements and ensure demand stability.
• Diversify export documentation checks for key partners (e.g., Chile, US) to avoid customs penalties under Peru’s strict trade compliance rules.
• Track shipment volumes and buyer frequency to anticipate order cycles, optimizing inventory and reducing storage costs.

Risk Mitigation and Forward Outlook

High buyer concentration creates vulnerability if major clients reduce orders. Geopolitical shifts or duty changes in mid-2025 may impact costs. However, Peru’s strong export policies and commodity demand support continued bulk trade. Focus remains on volume efficiency and compliance to maintain market position.

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Frequently Asked Questions

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

Peru's molybdenum ore exports surged to 265 million USD in January 2025, more than double year-ago levels, driven by strong demand for raw ores and concentrates (21.13 USD/kg) and post-year-end industrial stock replenishment.

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

Chile dominates with 33% of value and weight, followed by the United States and China, which collectively account for over 80% of Peru’s molybdenum ore exports.

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

Unit prices are standardized globally for bulk commodities like unroasted molybdenum ores (HS 2613900000), with minor variations reflecting consistent quality rather than product differentiation.

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

Exporters should prioritize high-volume buyers (86% of value) like Sociedad Minera Cerro Verde, while monitoring Chile and the US for stable demand, given their dominant import shares.

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

Buyers benefit from Peru’s reliable bulk supply, but dependence on a few large exporters may limit negotiation flexibility despite stable pricing tied to global indices.

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

The exported unprocessed ores and concentrates are primarily used in steel alloy production, leveraging molybdenum’s hardening and corrosion-resistant properties.