Peru Molybdenum Ore HS2613 Export Data 2025 July Overview

Peru Molybdenum Ore (HS Code 2613) Export data shows China paid $0.31/kg for 96.94% of volume, while Chile paid $28.46/kg for premium ore, per yTrade.

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

Peru's Molybdenum Ore (HS Code 2613) exports in July 2025 reveal stark quality-based pricing, with China dominating volume (96.94% of weight) but paying just $0.31/kg versus Chile's $28.46/kg for premium-grade ore. The market shows extreme buyer concentration, with China absorbing bulk shipments while Chile, the U.S., and others target high-value clusters. Exporters must prioritize premium markets to maximize returns, especially as U.S. tariff shifts loom. This analysis covers July 2025 and is based on cleanly processed Customs data from the yTrade database.

Peru Molybdenum Ore (HS 2613) 2025 July 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 new customs duty reductions in July 2025 [Chambers], exporters must adapt to tighter compliance rules while Peru remains a top supplier, rivaling Chile in shipments to China and other key markets. The country’s export policies, including advance clearance mandates, reinforce its role as a reliable source for HS Code 2613 in 2025.

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

Key Observations

Peru's Molybdenum Ore exports under HS Code 2613 in July 2025 saw a dramatic unit price plunge to 1.05 USD/kg, down from 23.19 USD/kg in June, while volume surged to 96.18 million kg, marking a significant shift in trade dynamics for the month.

Price and Volume Dynamics

The QoQ comparison reveals a sharp 95% drop in unit price from June to July, alongside a more than 13-fold increase in volume. This anomaly suggests a potential market distortion, possibly driven by miners accelerating exports to capitalize on or respond to policy changes before typical seasonal demand cycles in industrial production kick in. The value held relatively stable at 101.28 million USD despite the price crash, indicating a volume-driven strategy to maintain export earnings.

External Context and Outlook

This volatility aligns with Peru's July 2025 reduction in customs duty restitutions to 1% or 0.5% of FOB value [Chambers Global Practice Guides], which may have incentivized exporters to boost volume to offset lower margins. Additionally, global trade tensions and evolving climate-related measures could pressure prices, reinforcing the need for adaptive strategies in Peru's Molybdenum Ore HS Code 2613 Export for 2025 July.

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

Product Specialization and Concentration

For Peru's Molybdenum Ore exports under HS Code 2613 in July 2025, the market is entirely concentrated on a single product type: Molybdenum ores and concentrates other than roasted, with code 2613900000. This product represents 100% of the export value and weight, with a unit price of 1.05 US dollars per kilogram, confirming its role as a low-value raw material in Peru's export portfolio for that period.

Value-Chain Structure and Grade Analysis

With no other sub-codes present, the export structure is unified around raw molybdenum ore in concentrate form. This indicates a trade in fungible bulk commodities, where products are standardized and typically priced based on weight and linked to global market indices, rather than being differentiated by quality grades or advanced processing stages.

Strategic Implication and Pricing Power

Peru's dominance in molybdenum ore exports under HS Code 2613 suggests potential pricing influence due to market share, but as a commodity, prices are primarily dictated by international demand and supply fluctuations. Exporters should focus on cost efficiency and monitoring global trade policies, as commodity markets offer limited differentiation opportunities.

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

Geographic Concentration and Dominant Role

Peru's Molybdenum Ore HS Code 2613 Export in 2025 July shows extreme buyer concentration, with China Mainland taking 96.94% of total weight but only 28.57% of total value. This huge gap between weight share and value share points to China receiving lower-grade bulk shipments, while other buyers like Chile pay much higher prices for better quality ore.

Partner Countries Clusters and Underlying Causes

Two clear buyer groups emerge. China forms a bulk-processing cluster, taking massive volume at lower unit prices for its industrial refining needs. Chile represents a high-value cluster, paying premium prices ($28.46/kg vs China's $0.31/kg) for superior ore quality. The United States, Netherlands, and South Korea form a diversified mid-tier cluster, likely sourcing specific grades for specialized alloy production.

Forward Strategy and Supply Chain Implications

Peru should prioritize Chile and premium markets to maximize value from its Molybdenum Ore exports, especially as new U.S. tariff policies may affect trade flows [ACCCIMSERC]. Exporters must secure premium buyers and ensure strict documentation compliance with SUNAT regulations to benefit from Peru's simplified duty restitution scheme effective July 2025 [Chambers].

CountryValueQuantityFrequencyWeight
CHILE42.10M1.48M11.001.48M
CHINA MAINLAND28.93M93.23M17.0093.23M
UNITED STATES14.01M702.03K5.00702.03K
NETHERLANDS8.56M334.23K2.00334.23K
SOUTH KOREA7.68M426.92K4.00426.92K
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Peru Molybdenum Ore (HS 2613) 2025 July Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Peru Molybdenum Ore Export for July 2025 under HS Code 2613, the buyer market shows strong concentration, with one group of buyers responsible for 86.97% of the total export value. This dominant segment consists of companies that make large, frequent purchases, such as SOCIEDAD MINERA CERRO VERDE S.A.A. and SOUTHERN PERU COPPER CORPORATION, indicating a core of major, regular customers. The overall market is defined by high value transactions with moderate frequency across the four segments of buyers, highlighting a reliance on a few key players.

Strategic Buyer Clusters and Trade Role

The other buyer groups play smaller but distinct roles. Buyers with high value but low frequency account for 5.38% of value, likely representing occasional large orders or spot purchases in the commodity trade. Those with low value but high frequency contribute 4.62% of value, suggesting smaller but regular buyers, possibly for consistent supply needs. Lastly, buyers with low value and low frequency make up 3.03% of value, indicating infrequent, minor transactions that could be from new or testing customers.

Sales Strategy and Vulnerability

For exporters in Peru, the strategy should focus on maintaining relationships with the dominant high-value buyers while exploring opportunities to diversify into other segments to reduce dependency risks. The high concentration poses a vulnerability to market shifts, but news of reduced customs duties from July 2025 [Chambers Global Practice Guides] may lower costs and support exports. Sales models should prioritize long-term contracts with key buyers, aided by compliance with emerging sustainability measures (Chambers Global Practice Guides) to align with global trends.

Buyer CompanyValueQuantityFrequencyWeight
SOUTHERN PERU COPPER CORPORATION61.62M2.13M15.002.13M
SOCIEDAD MINERA CERRO VERDE S.A.A.26.46M93.16M11.0093.16M
HUDBAY PERU S.A.C5.45M388.31K4.00388.31K
COMPAÑIA MINERA ANTAMINA S.A************************

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

Strategic Supply Chain Overview

Peru Molybdenum Ore Export 2025 July under HS Code 2613 operates as a bulk commodity trade. Price is driven by ore quality grade and global molybdenum index prices. China's high-volume, low-price purchases contrast with Chile's premium payments for superior ore. Supply chain implications focus on supply security for processing hubs. Peru's role is as a raw material supplier, with high buyer concentration creating vulnerability to demand shifts.

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

  • Segment buyers by purchase frequency and value using trade data. This identifies core clients needing relationship management and spots diversification opportunities to reduce dependency risks.
  • Track real-time unit prices by destination country. This enables negotiation for premium markets like Chile to maximize revenue from quality differentials.
  • Monitor global molybdenum price indices and trade policy alerts. This allows quick response to market shifts and tariff changes, protecting profit margins.
  • Implement SUNAT compliance documentation protocols for all shipments. This ensures smooth customs clearance and eligibility for Peru's duty restitution benefits effective July 2025.
  • Analyze competitor export patterns to alternative markets. This reveals new buyer opportunities beyond current concentrated channels, expanding market reach.

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 July?

Peru's Molybdenum Ore exports saw a 95% unit price drop to $1.05/kg in July 2025, paired with a 13x volume surge, likely due to exporters accelerating shipments ahead of policy changes like reduced customs duty restitutions.

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

China dominates with 96.94% of weight but only 28.57% of value, while Chile pays premium prices ($28.46/kg) for higher-grade ore, accounting for a smaller but high-value share.

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

Prices vary sharply because exports are standardized bulk concentrates (HS Code 2613900000), with China buying low-grade volumes at $0.31/kg and Chile paying $28.46/kg for superior quality.

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

Exporters must prioritize long-term contracts with dominant buyers like Cerro Verde while diversifying into premium markets (e.g., Chile) to reduce reliance on China’s bulk demand.

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

China secures cheap bulk supply for refining, while Chile and niche markets (U.S., Netherlands) access higher-grade ore, though all face volatility from Peru’s volume-driven strategy.

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

The ore is exported as raw concentrates for industrial refining, primarily for alloy production or specialized manufacturing, with no advanced processing in Peru.

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