Peru Molybdenum Ore HS2613 Export Data 2025 Q3 Overview

Peru Molybdenum Ore (HS Code 2613) Export 2025 Q3: China leads volume (87.17% weight), Chile tops value (41.51%), with U.S. niche demand. Data via yTrade.

Peru Molybdenum Ore (HS 2613) 2025 Q3 Export: Key Takeaways

Peru's Molybdenum Ore (HS Code 2613) exports in 2025 Q3 reveal a market split between volume and value leaders, with China dominating shipments (87.17% share by weight) while Chile commands premium pricing (41.51% value share). High-grade material flows to Chile and niche buyers like the U.S., while China absorbs bulk volumes for processing. Buyer concentration is high, with China's massive intake creating supply chain dependency, balanced by stable premium demand from trade-agreement partners. This analysis of Peru Molybdenum Ore Export 2025 Q3 is based on cleanly processed Customs data from the yTrade database.

Peru Molybdenum Ore (HS 2613) 2025 Q3 Export Background

Peru's Molybdenum Ore (HS Code 2613: Molybdenum ores and concentrates) is a critical input for steel alloys and industrial chemicals, driving stable global demand. As the world's top exporter of HS Code 2613 products with 227 shipments [Volza], Peru benefits from the US-Peru Trade Promotion Agreement, ensuring duty-free access for compliant minerals. The Peru Molybdenum Ore HS Code 2613 Export 2025 Q3 landscape remains steady, with no major policy shifts, reinforcing its role as a key supplier to high-value manufacturing markets.

Peru Molybdenum Ore (HS 2613) 2025 Q3 Export: Trend Summary

Key Observations

Peru's Molybdenum Ore HS Code 2613 Export in 2025 Q3 was dominated by an extreme unit price drop in July to 1.05 USD/kg, a stark outlier compared to the stable 22-24 USD/kg range in August and September, suggesting a temporary market disruption rather than a sustained trend.

Price and Volume Dynamics

Comparing Q3 to Q2, the average unit price excluding July's anomaly rose from around 21 USD/kg in Q2 to approximately 23 USD/kg in August-September, while volumes decreased from Q2's 9-11 million kg range to about 8.8 million kg, indicating tighter supply or higher-grade shipments. This price resilience aligns with typical industrial demand cycles for molybdenum, used heavily in steel alloys, where Q3 often sees steady orders from manufacturing sectors. The July price plunge, likely due to a one-off bulk shipment of lower-concentration ore, distorts the quarter but doesn't reflect the underlying market strength.

External Context and Outlook

Peru's position as the world's top exporter of HS Code 2613 products, with 227 shipments ahead of Chile's 131 [Volza], is bolstered by the ongoing US-Peru Trade Promotion Agreement, which ensures favorable duty terms. With no major policy shifts in Q3, the outlook remains stable, supported by global steel production demands and Peru's consistent mining output, though currency fluctuations or regional trade dynamics could introduce minor volatility.

Peru Molybdenum Ore (HS 2613) 2025 Q3 Export: HS Code Breakdown

Product Specialization and Concentration

For Peru Molybdenum Ore HS Code 2613 Export in 2025 Q3, the market is entirely dominated by a single product sub-code. The dominating sub-code is Molybdenum ores and concentrates; other than roasted, which accounts for all export value and weight, with a unit price of 4.46 USD per kilogram. This high concentration indicates a specialized focus on raw, unprocessed ore without any significant anomalies in the data.

Value-Chain Structure and Grade Analysis

With only one sub-code present, the export structure for Peru Molybdenum Ore under HS Code 2613 consists solely of raw, unroasted ore, suggesting a trade in fungible bulk commodities. These products are typically standardized and priced based on global market indices rather than differentiation through processing or quality grades, as no other value-add stages or variations are represented in the top exports for this period.

Strategic Implication and Pricing Power

The complete reliance on a single raw ore product means Peru's pricing power for Molybdenum Ore exports is likely tied to global supply and demand fluctuations, with limited ability to command premiums through product differentiation. Strategic focus should prioritize cost efficiency and market monitoring to navigate commodity cycles effectively for Peru Molybdenum Ore HS Code 2613 Export in 2025 Q3.

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Peru Molybdenum Ore (HS 2613) 2025 Q3 Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Molybdenum Ore HS Code 2613 Export 2025 Q3 shows a clear split between volume and value leaders. China takes the top spot by sheer volume, moving 99.17 million kg for a 87.17% share of total weight. However, Chile leads in value with a 41.51% share from just 8.07 million kg, indicating its shipments command a much higher price per kg and represent a higher-grade product.

Partner Countries Clusters and Underlying Causes

The trade flow forms three clear groups. The first is the volume-driven cluster led by China, which imports massive volumes of raw ore for its domestic processing industry. The second is the high-value cluster featuring Chile, which likely trades in higher-grade or processed concentrates. The third is a group of mid-volume, high-value buyers like the United States and South Korea, who import smaller quantities of quality material for specialized industrial use.

Forward Strategy and Supply Chain Implications

For sellers, this split means a dual strategy: target high-volume contracts with Chinese smelters while developing premium grades for markets like Chile. The stable US-Peru Trade Promotion Agreement supports this, ensuring duty-free access for minerals [FreightAmigo]. Buyers should secure long-term contracts with Peruvian miners, as the country is the world's top exporter of this product (FreightAmigo), to ensure stable supply of both volume and high-grade material.

CountryValueQuantityFrequencyWeight
CHILE210.72M8.07M47.008.07M
CHINA MAINLAND154.00M99.17M67.0099.17M
UNITED STATES87.20M4.18M20.004.18M
SOUTH KOREA29.39M1.29M13.001.29M
NETHERLANDS25.74M1.03M7.001.03M
THAILAND************************

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Peru Molybdenum Ore (HS 2613) 2025 Q3 Export: Buyer Cluster

Buyer Market Concentration and Dominance

The Peru Molybdenum Ore Export 2025 Q3 under HS Code 2613 is highly concentrated, with one segment of buyers dominating the market. These buyers make frequent, high-value purchases, accounting for 87.66% of the total export value and 74.19% of all shipments. This core group drives the market, indicating that a few key players are responsible for the bulk of trade activity during this period.

Strategic Buyer Clusters and Trade Role

The market consists of four segments of buyers, but only two are active. The dominant segment, as above, includes major regular buyers. The other active segment involves buyers with low purchase frequency and lower transaction values, contributing 12.34% to value and 25.81% to frequency. These are likely occasional or smaller-scale purchasers, such as those making infrequent deals. The remaining two segments, which would cover high-value infrequent buyers and low-value frequent buyers, show no activity, meaning they are not present in this market.

Sales Strategy and Vulnerability

For Peruvian exporters, the strategy should focus on maintaining strong ties with the dominant high-value, high-frequency buyers to ensure steady sales. However, this reliance on a small group increases vulnerability to market shifts or demand changes. Exploring opportunities to engage with the smaller, occasional buyers could help diversify risk, but their limited share offers little immediate growth. The sales approach is probably based on bulk, contract-driven deals. The US-Peru Trade Promotion Agreement [Harmonized Tariff Schedule] provides duty benefits, supporting export stability under existing trade rules.

Buyer CompanyValueQuantityFrequencyWeight
SOUTHERN PERU COPPER CORPORATION216.06M7.33M48.007.33M
SOCIEDAD MINERA CERRO VERDE S.A.A.197.94M101.31M50.00101.31M
HUDBAY PERU S.A.C31.03M1.57M17.001.57M
ANGLO AMERICAN MARKETING PERU S.A************************

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Peru Molybdenum Ore (HS 2613) 2025 Q3 Export: Action Plan for Molybdenum Ore Market Expansion

Strategic Supply Chain Overview

The Peru Molybdenum Ore Export 2025 Q3 under HS Code 2613 is a classic bulk commodity market. Its price is driven by global molybdenum index prices and the quality grade of the raw ore. The supply chain is defined by a high-volume flow to China for processing and a premium-value flow to Chile and others for specialized use. This creates a dual-role for Peru: a volume supplier to smelters and a source of high-grade material for niche markets. The market's high concentration on a single product and a few key buyers increases vulnerability to global demand shifts.

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

  • Use real-time trade data to track global molybdenum price indices. This allows for dynamic pricing adjustments in contracts, protecting margins against commodity cycle volatility.
  • Analyze shipment data by destination to separate high-volume from high-value buyers. This enables tailored sales strategies, offering bulk contracts to volume buyers and premium grades to value-driven partners.
  • Monitor buyer purchase frequency to forecast demand cycles. This helps optimize inventory levels and prevent overstock or shortages, ensuring operational efficiency.
  • Leverage the US-Peru Trade Promotion Agreement for shipments to the US market. This secures duty-free access, maintaining cost competitiveness for high-grade ore exports.

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 Q3?

A1. A temporary price drop in July to 1.05 USD/kg (vs. 22-24 USD/kg in August-September) distorted the quarter, but underlying trends show stable demand and higher average prices compared to Q2, driven by industrial needs for steel alloys.

Q2. Who are the main partner countries in this Peru Molybdenum Ore Export 2025 Q3?

A2. China dominates by volume (87.17% share), while Chile leads in value (41.51% share). The U.S. and South Korea form a mid-volume, high-value cluster.

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

A3. Prices vary because exports consist solely of raw, unroasted ore (HS Code 2613), with Chile likely paying premiums for higher-grade material, while China buys bulk volumes at lower unit rates.

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

A4. Prioritize contracts with dominant high-frequency buyers (87.66% of value) while exploring premium-grade opportunities for markets like Chile to mitigate reliance on bulk shipments.

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

A5. Buyers in China benefit from stable bulk supply, while Chile and the U.S. secure higher-grade ore. Over-reliance on Peruvian supply may pose risks if demand shifts.

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

A6. It is primarily used in steel alloy production, with raw ore shipped for industrial processing, reflecting its role in manufacturing and construction sectors.

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