Peru Molybdenum Ore HS2613 Export Data 2025 May Overview

Peru's Molybdenum Ore (HS Code 2613) exports in May 2025 relied heavily on Chile (42.45% value share) and China, with South Korea emerging as a high-value market, per yTrade data.

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

Peru's Molybdenum Ore (HS Code 2613) export in 2025 May showed heavy reliance on Chile and China, with Chile dominating 42.45% of the value, suggesting higher-grade ore shipments, while China maintained balanced value-weight shares. The market remains concentrated, with Chile and China anchoring demand, though South Korea presents a high-value opportunity for quality-focused exports. This analysis, covering 2025 May, is based on cleanly processed Customs data from the yTrade database.

Peru Molybdenum Ore (HS 2613) 2025 May Export Background

Peru's Molybdenum Ore (HS Code 2613), comprising molybdenum ores and concentrates, is critical for steel alloys and industrial catalysts, with steady global demand driven by infrastructure and energy sectors. As of May 2025, Peru remains a top exporter, holding 59% of the market under HS Code 2613, despite stricter SUNAT documentation rules [Volza]. The country's exports, primarily to China and Chile, benefit from simplified customs duties, reinforcing its strategic role in 2025's global supply chain.

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

Key Observations

Peru's Molybdenum Ore exports under HS Code 2613 in May 2025 marked a notable recovery, with the unit price rising to 20.26 USD/kg, a 5.4% increase from April's low, alongside a 18.5% surge in export volume to 11.00 million kg, reflecting renewed market momentum.

Price and Volume Dynamics

The QoQ trend from January to May 2025 shows initial strength in January, followed by a dip in February through April, likely due to typical industrial demand cycles where early-year stock replenishment gave way to mid-quarter adjustments. The rebound in May aligns with seasonal upticks in manufacturing activity, driving higher volumes and stabilizing prices after the April trough. This pattern underscores the commodity's sensitivity to global industrial production rhythms, with Peru's export value climbing to 222.76 million USD in May, reversing the previous month's decline.

External Context and Outlook

The stability in Peru's Molybdenum Ore exports during May 2025 was supported by the absence of new regulatory changes, as highlighted by [Chambers Global Practice Guides], which noted ongoing simplified customs procedures and tariff structures. This regulatory consistency, coupled with Peru's leading export position under HS Code 2613 (Chambers Global Practice Guides), fosters a positive outlook, though global trade tensions and climate-related measures could introduce volatility in the latter half of 2025.

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

Product Specialization and Concentration

In May 2025, Peru's export of Molybdenum Ore under HS Code 2613 is completely concentrated in a single product: sub-code 2613900000 for Molybdenum ores and concentrates other than roasted. This product represents the entire export volume, with a unit price of 20.26 USD per kilogram, and no other sub-codes or price anomalies are present in the data.

Value-Chain Structure and Grade Analysis

The export structure for Peru Molybdenum Ore HS Code 2613 is simplified to a single category of raw, unroasted concentrates, indicating a trade in fungible bulk commodities. With no variation in product form or grade, the market operates on weight-based pricing and is likely influenced by global commodity indices rather than value-added differentiation.

Strategic Implication and Pricing Power

Peru's dominant export of raw molybdenum concentrates under HS Code 2613 grants it significant market leverage as a key global supplier. According to [International Trade 2025

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

Geographic Concentration and Dominant Role

Peru's Molybdenum Ore HS Code 2613 export in 2025 May was heavily concentrated, with Chile as the dominant partner, taking 42.45% of the value and 40.33% of the weight. The higher value ratio compared to weight ratio for Chile suggests a slightly superior ore grade or better pricing, common in commodity trades where quality varies. China followed with nearly equal value and weight shares, indicating consistent medium-grade imports. This pattern points to a reliance on few key markets for raw material exports.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: Chile and China form the high-volume group, likely due to geographic proximity and established mining supply chains, facilitating bulk raw material shipments. The United States and Netherlands represent a lower-volume cluster with value ratios below weight ratios, implying purchases of lower-grade ore, possibly for cost-effective processing or stockpiling. South Korea stands out with a higher value ratio, indicating demand for specific, higher-quality ore suited to its industrial manufacturing needs.

Forward Strategy and Supply Chain Implications

For Peru, maintaining strong ties with Chile and China is crucial, as they anchor the export market for Molybdenum Ore. Diversifying into markets like South Korea could leverage higher-value opportunities, but supply chains must adapt to quality demands. [Chambers] notes stable tariff policies, supporting continued exports without new restrictions, so focus on compliance and logistics efficiency to sustain growth.

CountryValueQuantityFrequencyWeight
CHILE94.56M4.43M24.004.43M
CHINA MAINLAND70.15M3.46M28.003.46M
UNITED STATES27.55M1.46M5.001.46M
SOUTH KOREA19.35M913.02K8.00913.02K
NETHERLANDS11.16M725.84K6.00725.84K
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Peru Molybdenum Ore (HS 2613) 2025 May Export: Buyer Cluster

Buyer Market Concentration and Dominance

In May 2025, the Peru Molybdenum Ore export market for HS Code 2613 shows extreme concentration, with one segment of buyers responsible for 94.69% of the total export value. This group consists of companies that make frequent, high-volume purchases, dominating the trade. The median market behavior is defined by these bulk transactions, highlighting a market where a few key players drive most of the activity. The analysis covers the four segments of buyers, with this dominant group accounting for over 90% of both frequency and value shares.

Strategic Buyer Clusters and Trade Role

The only other active segment includes buyers with low purchase values and infrequent transactions, representing just 6.69% of the quantity share. These are likely smaller or occasional purchasers, such as niche miners or traders, who play a minor role in the commodity trade. The remaining two segments show no activity, meaning there are no buyers making high-value infrequent purchases or low-value frequent ones, indicating a market split between large-scale and small-scale engagements.

Sales Strategy and Vulnerability

For exporters in Peru, the strategy must focus on nurturing relationships with the dominant bulk buyers to secure steady revenue. The high reliance on this segment creates vulnerability to demand shifts or disruptions, but Peru's strong export position in molybdenum ore provides some buffer. [Chambers Global Practice Guides] notes stable tariff policies, which support predictable trade costs. Sales should prioritize long-term contracts with major buyers while exploring opportunities to engage smaller, occasional purchasers to diversify risk.

Buyer CompanyValueQuantityFrequencyWeight
SOUTHERN PERU COPPER CORPORATION88.53M3.98M31.003.98M
SOCIEDAD MINERA CERRO VERDE S.A.A.65.65M3.52M16.003.52M
COMPAÑIA MINERA ANTAMINA S.A35.89M2.01M9.002.01M
ANGLO AMERICAN MARKETING PERU S.A************************

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

Strategic Supply Chain Overview

The Peru Molybdenum Ore Export 2025 May under HS Code 2613 is a classic bulk commodity trade. Price is driven by global molybdenum indices and ore grade variations. Supply chains are built for high-volume, raw material security to processing hubs like Chile and China. Peru’s role is as a key global supplier of unroasted concentrates, but heavy reliance on few bulk buyers and markets creates vulnerability to demand shifts.

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

  • Monitor global molybdenum price indices weekly to time export contracts, securing better margins when prices peak.
  • Negotiate long-term volume agreements with top buyers in Chile and China, ensuring stable revenue despite market fluctuations.
  • Use buyer transaction data to identify occasional purchasers in markets like South Korea, targeting them with tailored offers to diversify your client base.
  • Track shipment quality and grade consistency for each destination, enabling premium pricing where higher value is recognized, such as in South Korea.

Data-Driven Advantage Over Traditional Methods

Traditional market analysis misses critical profit details. Only deep trade data reveals individual buyer purchase cycles and exact product grade preferences by country. This allows precise pricing and client targeting, turning raw export volume into maximized value.

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 May?

The rebound in May 2025 was driven by a 5.4% price increase to 20.26 USD/kg and an 18.5% surge in export volume, reflecting seasonal manufacturing demand and recovery from April’s low.

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

Chile (42.45% of value) and China (nearly equal weight/value shares) dominate, followed by the US, Netherlands, and South Korea with smaller but strategic roles.

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

Price differences stem from grade variations: Chile and South Korea pay premiums for higher-quality ore, while the US and Netherlands import lower-grade concentrates.

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

Exporters must prioritize bulk buyers (94.69% of trade value) for stable revenue while exploring niche markets like South Korea to diversify risk.

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

Major buyers (e.g., Chile, China) benefit from reliable bulk supply, while smaller purchasers face limited leverage due to Peru’s dominant market position.

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

Exported as raw, unroasted concentrates (HS 2613900000), the ore is traded as a fungible commodity for industrial applications like steel alloys and chemicals.

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