Peru Molybdenum Ore HS2613 Export Data 2025 March Overview

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

Peru's Molybdenum Ore (HS Code 2613) export market in March 2025 reveals a high-grade product favored by the U.S., which dominates purchases at premium prices, while China and Chile absorb medium-to-lower grades in bulk. The market shows tight buyer concentration, with the U.S., China, and Chile accounting for the majority of trade, posing supply chain risks. Geographic analysis highlights the U.S. as the top destination, paying $19.68/kg for superior quality, while niche buyers like South Korea seek specialized high-grade ore. This analysis is based on cleanly processed Customs data from the yTrade database for March 2025, ensuring reliability and timeliness.

Peru Molybdenum Ore (HS 2613) 2025 March Export Background

Peru's Molybdenum Ore (HS Code 2613) covers molybdenum ores and concentrates, a critical input for steel alloys and industrial applications, ensuring steady global demand. With new customs duty restitution rates set at 1% or 0.5% of FOB value from July 2025 [Chambers], exporters must adapt to evolving compliance requirements. As a top global supplier, Peru’s 2025 March exports under HS 2613 remain vital, particularly to Chile, despite growing climate-related trade pressures [IDB]. The country’s mining sector continues to drive this strategic trade flow.

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

Key Observations

Peru Molybdenum Ore HS Code 2613 Export in March 2025 recorded a continued decline in unit prices, hitting a three-month low of 19.44 USD/kg, while export volume saw a modest recovery to 10.02 million kg after a dip in February.

Price and Volume Dynamics

The month-over-month price drop from February's 20.01 USD/kg aligns with typical industrial demand cycles for molybdenum, used primarily in steel alloys, where early-year softening often occurs due to reduced manufacturing activity. Volume increased by 5.7% from February, indicating a rebound in export flows, possibly driven by seasonal stock replenishment in key markets like China or Chile, though overall value growth remained muted due to persistent price pressures.

External Context and Outlook

External policy shifts, including Peru's export controls and emerging climate-related trade measures [Chambers Global Practice Guides], likely exacerbated price volatility, while global tariff uncertainties (Chambers) could further dampen near-term demand. Outlook remains cautious, with potential headwinds from increased compliance costs and fluctuating industrial demand impacting Peru Molybdenum Ore exports through 2025.

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

Product Specialization and Concentration

For Peru Molybdenum Ore HS Code 2613 Export in March 2025, the market is completely concentrated in a single product: Molybdenum ores and concentrates; other than roasted. This sub-code represents 100 percent of exports by value, weight, and shipment frequency, with a unit price of 19.44 US dollars per kilogram, confirming a highly specialized export profile focused on raw materials.

Value-Chain Structure and Grade Analysis

With no other sub-codes under HS Code 2613, the export consists entirely of unprocessed molybdenum ores and concentrates. This structure points to a trade in fungible bulk commodities, where products are uniform and typically priced in line with global market indices, rather than being differentiated by quality or processing stage.

Strategic Implication and Pricing Power

Pricing power for Peru's molybdenum ore exports is tied to commodity market fluctuations, with limited differentiation. [Chambers] indicates that export policies and tariffs could influence costs, while climate-related measures may add compliance burdens, as noted in [IDB], potentially affecting long-term competitiveness.

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

Geographic Concentration and Dominant Role

Peru's Molybdenum Ore HS Code 2613 Export in 2025 March shows a highly concentrated market, with the United States as the dominant buyer by value. The US accounts for 39.59% of total export value but only 39.10% of weight, indicating it purchases higher-grade ore at approximately $19.68/kg compared to the average. China Mainland follows with 28.74% value share against 32.09% weight share, paying about $17.39/kg for medium-grade material.

Partner Countries Clusters and Underlying Causes

Two clear clusters emerge among buyers. The first consists of China and Chile, both taking large volumes but paying different prices: China's massive manufacturing sector requires consistent medium-grade supply, while Chile's nearby smelting operations accept lower-grade ore at $21.28/kg. The second cluster includes the Netherlands and South Korea, smaller buyers seeking specialized high-grade ore for precision manufacturing, with South Korea paying $19.81/kg for quality material.

Forward Strategy and Supply Chain Implications

Peru should prioritize maintaining grade consistency for US buyers while developing more value-added processing for Chinese market demands. Exporters must prepare for Peru's new 1% customs duty restitution rate effective July 2025 [International Trade 2025], and monitor climate-related trade measures that may affect mining exports (International Trade 2025). Diversifying beyond the top three markets through quality certification could mitigate geopolitical risks in the Molybdenum Ore trade.

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

Buyer Market Concentration and Dominance

In March 2025, the Peru Molybdenum Ore Export market under HS Code 2613 shows high concentration, with one group of buyers holding 79.25% of the total value. This dominant segment consists of high-value, high-frequency purchasers, indicating a market driven by large, regular transactions typical for commodity exports. The four segments of buyers are defined by their purchase size and regularity, with the median transaction pattern leaning towards bulk and frequent deals.

Strategic Buyer Clusters and Trade Role

The other buyer groups play smaller but distinct roles. Occasional large-scale buyers account for 6.27% of value, likely engaging in infrequent bulk purchases for specific needs. Regular smaller buyers contribute 6.26% of value, providing steady but modest demand. Infrequent small buyers make up 8.23% of value, possibly representing spot market participants or new entrants. For a commodity like molybdenum ore, these clusters reflect varying levels of market engagement and stability.

Sales Strategy and Vulnerability

For Peruvian exporters, the strategy should prioritize securing long-term contracts with dominant buyers to ensure stable revenue, while exploring opportunities in smaller segments to reduce dependency. The high concentration poses a risk if key buyers reduce orders, but diversifying into other clusters could mitigate this. Sales should focus on bulk logistics and consistent supply chains. Upcoming policy changes, such as reduced customs duty restitution rates from July 2025 [Chambers], may impact costs, and climate-related trade measures could add compliance challenges (Chambers).

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

Strategic Supply Chain Overview

The Peru Molybdenum Ore Export 2025 March under HS Code 2613 operates as a bulk commodity market. Price is driven by ore grade and global index fluctuations. The United States pays a premium for high-grade material. China seeks medium-grade volumes for manufacturing. Supply chains must prioritize raw material consistency and logistical efficiency. High buyer concentration creates revenue stability but also vulnerability. Geopolitical shifts or policy changes could disrupt trade flows.

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

• Use HS Code 2613 shipment data to track real-time ore grade variations. This ensures consistent quality for premium buyers like the US and maintains pricing power.
• Analyze buyer frequency clusters to secure long-term contracts with high-value, high-volume partners. This reduces dependency on spot market volatility and stabilizes revenue.
• Monitor destination-specific price premiums and adjust sales focus toward markets paying higher rates per kilogram. This maximizes returns from limited export volumes.
• Prepare for Peru’s customs duty restitution rate change in July 2025 by modeling cost impacts on current buyer agreements. This avoids unexpected margin compression and maintains competitiveness.
• Diversify into smaller buyer segments identified in trade data to mitigate risk from over-reliance on dominant partners. This builds resilience against order reductions from key markets.

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 March?

The decline in unit prices to a three-month low of $19.44/kg reflects softening industrial demand, while volume rebounded 5.7% due to seasonal stock replenishment in key markets like China.

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

The US (39.59% value share) and China (28.74%) dominate, followed by Chile, with the Netherlands and South Korea as smaller high-grade buyers.

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

Prices vary by grade: the US pays $19.68/kg for high-grade ore, China $17.39/kg for medium-grade, and Chile $21.28/kg for lower-grade smelting material.

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

Prioritize long-term contracts with dominant buyers (79.25% market share) while diversifying into smaller segments to reduce dependency risks.

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

US and high-grade buyers benefit from consistent quality, while Chinese buyers secure medium-grade volumes at competitive rates for manufacturing needs.

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

It is primarily used in steel alloys, with demand tied to industrial activity cycles and global manufacturing trends.