Peru Molybdenum Ore HS2613 Export Data 2025 Q1 Overview

Peru's Molybdenum Ore (HS Code 2613) exports in 2025 Q1 show Chile as top buyer (32.02% share) paying premium 21.42 USD/kg, with supply chain risks. Data from yTrade.

Peru Molybdenum Ore (HS 2613) 2025 Q1 Export: Key Takeaways

Peru's Molybdenum Ore (HS Code 2613) export in 2025 Q1 reveals a high-grade product, with Chile dominating as the top buyer at 32.02% share and paying premium prices (21.42 USD/kg), signaling superior quality. The market shows stable demand from core industrial buyers like the US and China, but heavy reliance on Chile poses supply chain risks. This analysis is based on cleanly processed Customs data from the yTrade database for 2025 Q1.

Peru Molybdenum Ore (HS 2613) 2025 Q1 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 no major policy shifts in Q1 2025 [Chambers], Peru remains a top exporter, competing closely with Chile and the U.S., as its high-grade deposits and established trade routes keep its 2025 Q1 exports competitive. The lack of new tariffs or restrictions underlines Peru's reliability in this niche market.

Peru Molybdenum Ore (HS 2613) 2025 Q1 Export: Trend Summary

Key Observations

Peru Molybdenum Ore HS Code 2613 Export 2025 Q1 saw a steady decline in unit prices, dropping from 21.13 USD/kg in January to 19.44 USD/kg in March, while export volumes remained volatile with a slight recovery by quarter-end.

Price and Volume Dynamics

Unit prices fell by approximately 8% quarter-over-quarter, reflecting typical seasonal softness in molybdenum demand, often tied to slower industrial activity in early-year cycles. Volume dipped in February but rebounded in March, indicating resilient underlying demand despite price pressures, with no major supply disruptions noted.

External Context and Outlook

Peru's position as a leading global exporter, as noted by [Volza], supports stable export flows, with no significant policy changes affecting Q1. Outlook remains cautious due to global steel market fluctuations and potential trade shifts, though sustained industrial demand could stabilize prices.

Peru Molybdenum Ore (HS 2613) 2025 Q1 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q1, Peru's Molybdenum Ore exports under HS Code 2613 are entirely concentrated on a single product type. The dominating sub-code is "Molybdenum ores and concentrates; other than roasted", which accounts for all export value, weight, and volume. With a unit price of 20.27 USD per kilogram, this specialization highlights a focused export strategy for raw, unprocessed ore.

Value-Chain Structure and Grade Analysis

The export structure for Peru Molybdenum Ore HS Code 2613 in 2025 Q1 shows no variation, as only unroasted ores and concentrates are traded. This monolithic setup points to a fungible bulk commodity market, where products are undifferentiated by value-add stages or quality grades, and pricing is likely driven by global commodity indices rather than product-specific features.

Strategic Implication and Pricing Power

Peru's export dominance in molybdenum ore, with no internal diversification, grants strong pricing power rooted in volume and consistent global demand. Strategic focus should prioritize maintaining supply reliability and leveraging relationships with key import markets like China, as supported by Peru's leading exporter status [OEC World]. This positions Peru favorably in the 2025 trade landscape for HS Code 2613 exports.

Check Detailed HS 2613 Breakdown

Peru Molybdenum Ore (HS 2613) 2025 Q1 Export: Market Concentration

Geographic Concentration and Dominant Role

In 2025 Q1, Peru's export of Molybdenum Ore HS Code 2613 was heavily concentrated, with CHILE as the dominant importer by value at 32.02% share. CHILE's value ratio of 32.02 exceeds its weight ratio of 30.30, indicating a higher unit price around 21.42 USD/kg, which points to possible superior ore grade or quality compared to other destinations. UNITED STATES and CHINA MAINLAND follow with strong imports but show nearly equal value and weight ratios, suggesting standard market pricing.

Partner Countries Clusters and Underlying Causes

The importers form three clear clusters. First, CHILE, UNITED STATES, and CHINA MAINland represent the core buyers, driven by high industrial demand for molybdenum in steel production and geographic proximity facilitating trade. Second, SOUTH KOREA and NETHERLANDS form a mid-tier cluster with lower volume; NETHERLANDS likely acts as a European logistics hub for redistribution. Third, INDIA is a minor player with minimal share, reflecting its emerging but limited demand in this period.

Forward Strategy and Supply Chain Implications

For Peru's Molybdenum Ore exports, the high reliance on CHILE and a few key markets underscores supply chain vulnerability to regional demand shifts or price volatility. Exporters should prioritize diversifying into emerging markets like INDIA to mitigate risks, while monitoring unit price disparities to optimize grade-based pricing strategies. No major policy changes were reported in Q1 2025 [OEC World], reinforcing a focus on market stability and logistical efficiency.

CountryValueQuantityFrequencyWeight
CHILE208.00M9.71M50.009.71M
UNITED STATES191.75M9.63M44.009.63M
CHINA MAINLAND184.69M9.74M90.009.74M
SOUTH KOREA34.04M1.60M17.001.60M
NETHERLANDS29.67M1.31M9.001.31M
INDIA************************

Get Complete Partner Countries Profile

Peru Molybdenum Ore (HS 2613) 2025 Q1 Export: Buyer Cluster

Buyer Market Concentration and Dominance

The Peru Molybdenum Ore Export 2025 Q1 market under HS Code 2613 is highly concentrated among a core group of major buyers. Buyers making large, frequent purchases dominate, accounting for 87% of the total export value. This group also handles 85% of the volume, showing they drive the market. The median export pattern involves high-value shipments that occur regularly, defining the trade's steady and volume-heavy nature.

Strategic Buyer Clusters and Trade Role

Two other buyer segments play smaller but distinct roles. One group makes smaller purchases but does so often, representing consistent but lower-volume off-takers. Another set buys infrequently and in modest amounts, likely serving niche or spot demand. There are no buyers who make large but rare purchases, indicating the market lacks one-off major deals outside the core regular clients.

Sales Strategy and Vulnerability

For Peruvian exporters, the heavy reliance on a few major buyers requires maintaining strong relationships with key accounts to secure steady orders. The market's stability is reinforced by Peru's role as a top global exporter, as noted in [OEC World], with consistent demand from partners like China. However, this concentration brings risk if any major buyer reduces orders. The sales approach should focus on nurturing core clients while cautiously exploring occasional smaller buyers to diversify slightly.

Buyer CompanyValueQuantityFrequencyWeight
SOCIEDAD MINERA CERRO VERDE S.A.A.235.66M12.29M47.0012.29M
SOUTHERN PERU COPPER CORPORATION199.04M8.00M59.008.00M
COMPAÑIA MINERA ANTAMINA S.A81.22M4.38M26.004.38M
HUDBAY PERU S.A.C************************

Check Full Molybdenum Ore Buyer lists

Peru Molybdenum Ore (HS 2613) 2025 Q1 Export: Action Plan for Molybdenum Ore Market Expansion

Strategic Supply Chain Overview

Peru Molybdenum Ore Export 2025 Q1 under HS Code 2613 operates as a bulk commodity market. Price is driven by global molybdenum indices and slight quality variations, like Chile’s higher unit price indicating superior grade. Supply chain implications focus on raw material security: Peru’s undiversified export of unroasted ore requires reliable logistics to core buyers. High buyer concentration creates vulnerability to demand shifts in key markets like China or Chile.

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

  • Track buyer order frequency and volume to anticipate demand cycles and adjust production schedules, preventing inventory surplus or shortfalls.
  • Monitor unit price disparities by destination (e.g., Chile’s premium) to negotiate grade-based pricing and maximize export revenue.
  • Diversify export targets by engaging occasional buyers in emerging markets like India, reducing reliance on a few major clients.
  • Analyze shipping and payment terms with top importers to optimize logistics costs and strengthen supply chain reliability.
  • Use real-time trade data to detect demand shifts early, enabling swift strategic adjustments to maintain market stability.

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 Q1?

Peru's molybdenum ore exports saw an 8% quarterly price drop due to seasonal demand softness, while volumes rebounded by March, reflecting resilient demand despite price pressures.

Q2. Who are the main partner countries in this Peru Molybdenum Ore Export 2025 Q1?

Chile (32% share), the United States, and China dominate imports, with Chile paying a premium unit price of 21.42 USD/kg for likely higher-grade ore.

Q3. Why does the unit price differ across Peru Molybdenum Ore Export 2025 Q1 partner countries?

Price differences stem from Chile’s higher unit price (21.42 USD/kg) for unroasted ores, suggesting superior grade, while other markets like China pay standard bulk-commodity rates.

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

Exporters must prioritize relationships with core high-volume buyers (87% of value) while cautiously diversifying to smaller markets like India to mitigate concentration risks.

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

Buyers in Chile, China, and the U.S. benefit from stable supply but face reliance on Peru’s undifferentiated bulk ore, with Chile securing higher-grade material at a premium.

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

The exported unroasted ores are primarily used in industrial applications, such as steel production, due to molybdenum’s role as a strengthening alloy.

Detailed Monthly Report

Peru HS2613 Export Snapshot 2025 JAN

Peru HS2613 Export Snapshot 2025 FEB

Peru HS2613 Export Snapshot 2025 MAR

Copyright © 2026. All rights reserved.