Peru Molybdenum Ores HS261390 Export Data 2025 June Overview

Peru Molybdenum Ores (HS 261390) 2025 June Export: Key Takeaways

Peru's Molybdenum ores (HS Code 261390) exports in June 2025 reveal a high-grade product focus, with Chile dominating as the top buyer (51.86% of value) due to premium pricing and geographic proximity, signaling concentrated market risk. China and the US follow as secondary markets, while smaller buyers like the Netherlands suggest niche demand. This analysis, covering June 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Molybdenum Ores (HS 261390) 2025 June Export Background

What is HS Code 261390?

HS Code 261390 covers molybdenum ores and concentrates; other than roasted. These raw materials are critical for producing high-strength alloys, stainless steel, and industrial lubricants, driving steady global demand. Peru’s exports under this code, valued at approximately $1.57 billion in 2025, benefit from its rich mineral reserves and competitive extraction costs [WTO Tariff & Trade Data].

Current Context and Strategic Position

Peru’s molybdenum ores exports face a 2.1% tariff under WTO terms, but the U.S.-Peru Trade Promotion Agreement (TPA) phases out tariffs by 2026, enhancing market access [U.S. – Peru TPA]. Despite broader U.S. tariff hikes in April 2025, Peru’s TPA safeguards its HS Code 261390 exports [EY Tax News]. Peru’s strategic position is reinforced by its 21% growth in agricultural and mineral exports in 2025, underscoring its role as a key supplier [FreshPlaza]. Vigilance is critical as global demand and trade policies evolve.

Peru Molybdenum Ores (HS 261390) 2025 June Export: Trend Summary

Key Observations

In June 2025, Peru's export of Molybdenum ores under HS Code 261390 reached 168.38 million USD in value and 7.26 million kg in volume, marking a significant decrease from previous months.

Price and Volume Dynamics

The month-over-month decline from May to June 2025—with value dropping by 24% and weight by 34%—reflects typical seasonal volatility in mining exports, often driven by fluctuations in industrial demand cycles, such as reduced steel production during mid-year periods. This pattern is consistent with the first half of 2025, where exports showed variability but remained within expected ranges for commodity ores.

External Context and Outlook

External trade policies provide context for Peru's export environment. The U.S.-Peru Trade Promotion Agreement supports tariff reductions, enhancing competitiveness for minerals like molybdenum [Trade.gov]. However, global uncertainties, such as the U.S. 10% baseline tariff, may introduce headwinds, though Peru's strong export growth in other sectors suggests underlying resilience [EY Tax News]. Looking ahead, sustained demand from industrial markets and favorable trade terms should support recovery in Peru Molybdenum ores exports through 2025.

Peru Molybdenum Ores (HS 261390) 2025 June Export: HS Code Breakdown

Product Specialization and Concentration

Peru's export of Molybdenum ores under HS Code 261390 in June 2025 is entirely concentrated in a single product type, specifically sub-code 2613900000 for unroasted ores and concentrates. According to yTrade data, this represents 100% of both export value and weight, with a unit price of 23.19 USD per kilogram, indicating no diversification or extreme price anomalies within this period.

Value-Chain Structure and Grade Analysis

With no other sub-codes present, the export consists solely of raw, unroasted molybdenum ores in bulk form. This uniform structure points to a trade in fungible commodities, where products are undifferentiated and pricing is typically linked to global market indices rather than value-added stages or quality grades.

Strategic Implication and Pricing Power

The commodity nature of Peru Molybdenum ores HS Code 261390 Export 2025 June limits pricing power for market players, emphasizing the need for cost efficiency and volume-driven strategies. Focus should remain on competitive positioning in international markets without significant differentiation opportunities.

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Peru Molybdenum Ores (HS 261390) 2025 June Export: Market Concentration

Geographic Concentration and Dominant Role

In June 2025, Peru's export of Molybdenum ores under HS Code 261390 was heavily concentrated, with Chile dominating as the top buyer, accounting for 51.86% of the value but 47.51% of the weight, indicating a higher unit price and suggesting Chile purchases higher-grade ores. China Mainland and the United States follow as significant but secondary markets, with China's lower value-to-weight ratio pointing to possibly lower-quality imports.

Partner Countries Clusters and Underlying Causes

The export partners form three clusters: Chile stands alone as the primary market, likely due to geographic proximity and existing trade ties in South America. China and the US represent a second tier, driven by industrial demand for raw materials. A third cluster includes Netherlands and South Korea, with smaller shares, possibly acting as transit hubs or niche buyers for specialized uses.

Forward Strategy and Supply Chain Implications

For Peru Molybdenum ores Export 2025 June, suppliers should prioritize Chile for premium sales and explore diversifying to stable markets like the US, supported by trade agreements such as the U.S.-Peru Trade Promotion Agreement [trade.gov]. Monitoring geopolitical shifts and ensuring consistent ore quality can mitigate risks in the supply chain.

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Peru Molybdenum Ores (HS 261390) 2025 June Export: Buyer Cluster

Buyer Market Concentration and Dominance

For the Peru Molybdenum ores Export in 2025 June, under HS Code 261390, the buyer market shows extreme concentration based on yTrade data. One segment of buyers, those making large and frequent purchases, dominates with 84.65% of the total export value. This indicates that the market is heavily reliant on a few key players who buy regularly in high volumes, shaping the overall trade dynamics for this commodity.

Strategic Buyer Clusters and Trade Role

The other three segments of buyers play minimal roles. There are no buyers making large but infrequent purchases or small but frequent purchases. The only other active segment consists of buyers who make smaller and less frequent purchases, accounting for 15.35% of the value share. For a commodity like molybdenum ores, this suggests that most trade is driven by established, high-volume buyers, with a minor presence of occasional or smaller-scale purchasers.

Sales Strategy and Vulnerability

Exporters in Peru should focus on maintaining strong relationships with the dominant buyers to secure steady revenue, but this reliance poses a risk if demand shifts. Diversifying into smaller buyers could mitigate this, though opportunities may be limited. The low tariff rate of 2.1% for this HS code, as noted by [WTO Tariff & Trade Data], supports export competitiveness, but monitoring trade policies is essential for stability.

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Peru Molybdenum Ores (HS 261390) 2025 June Export: Action Plan for Molybdenum Ores Market Expansion

Strategic Supply Chain Overview

The Peru Molybdenum ores Export 2025 June under HS Code 261390 operates as a pure commodity market. Price is driven by global molybdenum index prices and ore quality grades, particularly for high-value buyers like Chile. Supply chain implications center on supply security for raw materials, with Peru acting as a key processing hub for unroasted ores. Heavy reliance on a few high-volume buyers and concentrated export destinations increases vulnerability to demand shifts or geopolitical disruptions.

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

• Use buyer purchase frequency data to negotiate long-term contracts with dominant clients to secure stable revenue and reduce exposure to spot market volatility.
• Analyze destination-specific unit price differences to prioritize premium markets like Chile and adjust sales strategies to maximize returns per kilogram exported.
• Monitor global molybdenum price indices and ore quality reports daily to time exports and align pricing with peak market conditions, protecting margin integrity.
• Diversify buyer portfolios by targeting occasional purchasers in stable markets like the US using trade agreement benefits to mitigate over-reliance on a single buyer segment.

Take Action Now —— Explore Peru Molybdenum ores Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Molybdenum ores Export 2025 June?

The month-over-month decline in June 2025—24% lower value and 34% lower weight—reflects seasonal volatility in mining exports, likely tied to reduced industrial demand cycles like steel production slowdowns.

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

Chile dominates with 51.86% of export value, followed by China Mainland and the United States as secondary markets, while the Netherlands and South Korea represent niche buyers.

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

Chile’s higher unit price suggests purchases of higher-grade ores, while China’s lower value-to-weight ratio indicates imports of potentially lower-quality bulk commodity ores (sub-code 2613900000).

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

Exporters must prioritize maintaining relationships with dominant high-volume buyers (84.65% of trade) while exploring diversification into smaller markets like the US to mitigate reliance risks.

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

Chilean buyers benefit from premium-grade ores, while other markets like China access standardized bulk commodities. Buyers face stable supply but limited differentiation opportunities.

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

Molybdenum ores are primarily used as raw materials in industrial applications, such as steel alloy production, due to their high-temperature resistance and strength-enhancing properties.