Peru Molybdenum Ore HS2613 Export Data 2025 Q2 Overview

Peru Molybdenum Ore (HS 2613) 2025 Q2 Export: Key Takeaways

Peru's Molybdenum Ore (HS Code 2613) exports in 2025 Q2 reveal a high-grade product flow, with Chile dominating as the premium buyer, capturing 48.29% of export value due to its demand for quality ore priced at 22 USD/kg. The market shows concentrated risk, with Chile, China, and the US forming distinct buyer clusters, while US tariff changes in April 2025 may disrupt pricing strategies. This analysis, covering 2025 Q2, is based on verified Customs data from the yTrade database.

Peru Molybdenum Ore (HS 2613) 2025 Q2 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. The US imposed a 10% baseline tariff in April 2025 [EY Tax News], reshaping trade dynamics for Peru, which led global exports with 227 shipments and a 59% market share [Volza]. Peru Molybdenum Ore HS Code 2613 Export 2025 Q2 performance reflects these shifts, reinforcing its role as a top supplier amid tightening trade policies.

Peru Molybdenum Ore (HS 2613) 2025 Q2 Export: Trend Summary

Key Observations

Peru's Molybdenum Ore HS Code 2613 exports in 2025 Q2 exhibited a notable price surge, with the unit price peaking at 23.19 USD/kg in June—the highest in the data period—while overall export volumes declined quarter-over-quarter.

Price and Volume Dynamics

Comparing Q2 to Q1, the average unit price increased by approximately 3.5% to 20.89 USD/kg, but total volume fell by 14.1% to 27.54 million kg. This divergence aligns with typical molybdenum market behavior, where price often rises in response to supply tightness or quality shifts, as volume reductions in Q2 may reflect mining cycle adjustments or selective export strategies ahead of external disruptions.

External Context and Outlook

The observed volatility was likely intensified by the imposition of US tariffs in April 2025, as detailed in EY Tax News, which disrupted trade flows and prompted price spikes amid reduced volumes. Looking ahead, Peru's position as a top exporter (Volza) suggests ongoing adjustments to tariff impacts, potentially stabilizing once new trade patterns emerge.

Peru Molybdenum Ore (HS 2613) 2025 Q2 Export: HS Code Breakdown

Product Specialization and Concentration

In 2025 Q2, Peru's Molybdenum Ore exports under HS Code 2613 are fully concentrated on a single product, specifically sub-code 2613900000 for Molybdenum ores and concentrates other than roasted. This sub-code represents all export activity, with a unit price of 20.68 USD per kilogram, reflecting a monolithic market structure without any price anomalies or diversification.

Value-Chain Structure and Grade Analysis

The export composition consists entirely of unroasted molybdenum ores and concentrates, indicating a focus on raw, bulk commodities. This structure points to a trade in fungible materials where pricing is driven by global commodity indices and ore grade, rather than value-added processing or product differentiation, typical for raw mineral exports.

Strategic Implication and Pricing Power

Peru's reliance on raw molybdenum ore exports under HS Code 2613 for 2025 Q2 limits pricing power, making it vulnerable to global price swings and demand shifts. The implementation of US tariffs in April 2025, as noted by [EY Tax News], could increase export costs and reduce competitiveness, urging a strategic emphasis on cost control and market diversification to sustain trade flows.

Check Detailed HS 2613 Breakdown

Peru Molybdenum Ore (HS 2613) 2025 Q2 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Molybdenum Ore HS Code 2613 exports in 2025 Q2 were highly concentrated, with Chile accounting for 44.94% of the weight and 48.29% of the value, indicating it is the dominant importer. The higher value ratio compared to weight ratio suggests Chile receives premium-grade ore, priced around 22 USD per kilogram, while other markets like China see lower unit prices due to standard-grade imports.

Partner Countries Clusters and Underlying Causes

The importers form three clusters: Chile stands alone with high-value, high-frequency purchases, likely due to geographic proximity and integrated supply chains for quality processing. China and the Netherlands form a second cluster with lower value ratios, driven by demand for bulk, cost-effective ore for mass industrial use. The United States and South Korea represent a middle cluster with balanced ratios, possibly due to specialized industrial applications requiring consistent quality.

Forward Strategy and Supply Chain Implications

Peru should diversify its export markets to reduce reliance on top partners like Chile and mitigate risks from concentrated demand. The US tariff changes in 2025, including a 10% baseline rate effective April [EY Tax News], may impact costs for US-bound shipments, urging exporters to adjust pricing or seek alternative buyers in stable regions like Asia or Europe.

Get Complete Partner Countries Profile

Peru Molybdenum Ore (HS 2613) 2025 Q2 Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Peru Molybdenum Ore Export 2025 Q2 under HS Code 2613, the buyer market is heavily concentrated, with one segment of buyers dominating the trade. Major frequent purchasers, who buy large quantities regularly, account for 94.80% of the export value and 89.19% of transaction frequency. This indicates that the market relies on a small number of high-volume, consistent buyers, with an average transaction value being substantial due to the commodity nature of molybdenum ore.

Strategic Buyer Clusters and Trade Role

The only other active segment consists of small infrequent buyers, representing 5.20% of value and 10.81% of frequency, likely involving occasional or spot purchases. There are no buyers who purchase large amounts infrequently or small amounts frequently during this period, suggesting that the market lacks diversity in buyer types, which is common for bulk commodity exports where transactions are often large and routine.

Sales Strategy and Vulnerability

For Peruvian exporters, the strategy should focus on maintaining strong relationships with major buyers to secure steady demand. The high concentration poses a risk if key buyers reduce orders, especially with potential external pressures like US tariffs implemented in April 2025 [EY Tax News], which could impact export flows. Sales should prioritize long-term contracts to mitigate volatility, leveraging Peru's position as a top global exporter.

Check Full Molybdenum Ore Buyer lists

Peru Molybdenum Ore (HS 2613) 2025 Q2 Export: Action Plan for Molybdenum Ore Market Expansion

Strategic Supply Chain Overview

Peru Molybdenum Ore Export 2025 Q2 under HS Code 2613 operates as a bulk commodity market. Price is driven by ore grade and global indices, not product differentiation. Geopolitical risks, like US tariffs, add cost pressure. The supply chain relies on raw material exports to a few major buyers, primarily Chile. This creates vulnerability to demand shifts and limits pricing power.

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

• Use HS Code 2613 transaction data to track ore grade premiums by destination. This helps negotiate better prices with quality-sensitive buyers like Chile.
• Analyze buyer frequency reports to secure long-term contracts with high-volume partners. This ensures stable demand and reduces reliance on spot purchases.
• Monitor real-time tariff updates for key markets like the US. Adjust shipment routes or pricing to avoid new cost burdens and protect margins.
• Diversify export destinations using trade flow analytics. Target partners in Asia and Europe to balance reliance on Chile and mitigate geographic risk.

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 Q2?

The Q2 price surge (peaking at 23.19 USD/kg) and volume decline (-14.1%) reflect supply tightness and adjustments to US tariffs imposed in April 2025, compounded by Peru’s reliance on raw ore exports vulnerable to global demand shifts.

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

Chile dominates with 48.29% of export value, followed by China and the Netherlands as secondary bulk buyers, and the US/South Korea for balanced quality-demand applications.

Q3. Why does the unit price differ across Peru Molybdenum Ore Export 2025 Q2 partner countries?

Chile pays a premium (~22 USD/kg) for high-grade unroasted ores (HS 2613900000), while China and others receive standard-grade bulk shipments at lower prices.

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

Prioritize long-term contracts with major buyers (94.8% of value) and diversify markets to reduce reliance on Chile, especially given US tariff risks.

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

Chilean buyers secure premium-grade ore reliably, while bulk buyers (e.g., China) benefit from cost-effective supply, though all face potential price volatility from tariff impacts.

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

Exported as raw, unroasted concentrates (HS 2613900000), primarily for industrial processing into alloys or chemicals, leveraging Peru’s role as a bulk commodity supplier.

Detailed Monthly Report

Peru HS2613 Export Snapshot 2025 APR

Peru HS2613 Export Snapshot 2025 MAY

Peru HS2613 Export Snapshot 2025 JUN