Peru Molybdenum Ores HS261390 Export Data 2025 May Overview

Peru Molybdenum ores (HS Code 261390) Export in May 2025 relies heavily on Chile and China, with 70% shipments, posing supply chain risks. Data from yTrade highlights need for market diversification.

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

Peru's Molybdenum ores (HS Code 261390) Export in 2025 May shows heavy reliance on Chile and China, which dominate over 70% of shipments, with Chile paying premium prices for potentially higher-grade material. Buyer concentration poses supply chain risks, requiring diversification beyond these core markets. This analysis, based on cleanly processed Customs data from the yTrade database, highlights Peru's strategic need to balance stability with resilience in its export strategy.

Peru Molybdenum Ores (HS 261390) 2025 May Export Background

What is HS Code 261390?

HS Code 261390 covers Molybdenum ores and concentrates; other than roasted, a critical raw material primarily used in steel alloy production, aerospace components, and industrial catalysts. Global demand remains stable due to its essential role in high-strength, corrosion-resistant applications, particularly in manufacturing and energy sectors. Peru’s export of this commodity under HS Code 261390 is closely tied to its mining sector, which leverages the country’s abundant natural resources.

Current Context and Strategic Position

Peru’s Molybdenum ores export (HS Code 261390) in May 2025 is positioned against a backdrop of fluctuating commodity prices and rising industrial demand for specialty metals. As a top global producer, Peru’s strategic significance lies in its ability to supply high-grade molybdenum, which supports global supply chains amid tightening environmental regulations in mining. With 2025 projections indicating sustained demand, market vigilance is critical to navigate potential disruptions in trade flows or shifts in global pricing dynamics.

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

Key Observations

Peru's Molybdenum ores exports in May 2025 surged to 222.76 million USD in value and 11.00 million kg in volume, marking a robust recovery from the previous month's lows and highlighting a positive shift in market dynamics for HS Code 261390.

Price and Volume Dynamics

The data shows a volatile start to 2025, with exports peaking in January before declining through April, likely due to seasonal dips in industrial demand for steel alloys, where molybdenum is critical. The sharp rebound in May aligns with typical stock replenishment cycles as global manufacturing activity accelerates into the second quarter. This QoQ improvement suggests a normalization of supply chains after earlier disruptions.

External Context and Outlook

Amid steady global industrial growth, Peru's export performance for Molybdenum ores is poised to benefit from sustained demand in key sectors like construction and automotive. While no major policy changes are noted, currency fluctuations and broader economic trends will continue to influence the 2025 outlook, supporting a cautious yet optimistic stance for future months.

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

Product Specialization and Concentration

yTrade data reveals that Peru's export of Molybdenum ores under HS Code 261390 in May 2025 is fully concentrated in a single product: non-roasted molybdenum ores and concentrates. This sub-code accounts for all export value and weight, with a uniform unit price of 20.26 USD per kilogram, indicating no internal price variation or anomalies within the code.

Value-Chain Structure and Grade Analysis

With no other sub-codes present, the export structure consists solely of raw, unprocessed molybdenum ores in concentrate form. This uniformity classifies the trade as a fungible bulk commodity, directly tied to global metal indices without value-added stages or quality gradations, typical for primary mineral exports.

Strategic Implication and Pricing Power

Peru's exclusive focus on raw molybdenum ore concentrates under HS Code 261390 for Export in 2025 May suggests reliance on commodity market pricing, limiting direct pricing power but benefiting from high global demand for strategic metals. Market players should monitor index-linked prices and invest in supply chain efficiency to maintain competitiveness.

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

Geographic Concentration and Dominant Role

Peru's Molybdenum ores HS Code 261390 Export in 2025 May is highly concentrated, with Chile and China Mainland together accounting for over 70% of the total export value. Chile is the dominant buyer, responsible for 42.45% of the total value and 40.33% of the weight. The higher value share compared to its weight share indicates Chile pays a higher average unit price, suggesting it may be receiving higher-grade material or has more favorable logistics.

Partner Countries Clusters and Underlying Causes

The importers form two clear clusters. The first is the core duo of Chile and China, both major mining and metals processing hubs that require steady, high-volume raw material inputs. The second cluster consists of the United States, South Korea, and the Netherlands. These buyers have significantly lower shipment frequencies but still purchase substantial volumes, indicating a more sporadic, large-lot purchasing strategy likely tied to specific industrial demand or spot market opportunities.

Forward Strategy and Supply Chain Implications

For Peruvian exporters, this heavy reliance on two primary buyers creates significant supply chain risk. The strategy should focus on deepening relationships with the core cluster to ensure stability while actively cultivating the secondary cluster of less frequent but high-volume buyers to build a more resilient and diversified customer base. This will help mitigate potential demand shocks from a single market.

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 Ores (HS 261390) 2025 May Export: Buyer Cluster

Buyer Market Concentration and Dominance

In May 2025, the Peru Molybdenum ores Export under HS Code 261390 is highly concentrated, with one group of buyers dominating the market. According to yTrade data, buyers who make large and frequent purchases account for over 94% of the export value and 90% of transaction frequency. This segment includes major mining companies that consistently handle high volumes. The overall market for these four segments of buyers is defined by steady, high-value deals, with minimal activity from other groups during this period.

Strategic Buyer Clusters and Trade Role

The other buyer segments have limited roles. A small group of buyers who purchase infrequently and in lower quantities represents about 6% of the market, involving companies that may be occasional or smaller-scale operators. For a commodity like Molybdenum ores, this indicates that the trade is primarily driven by core, large-scale buyers, with no significant presence of infrequent large purchasers or frequent small buyers in May 2025.

Sales Strategy and Vulnerability

Peruvian exporters should prioritize securing and nurturing relationships with the dominant buyers to maintain sales stability. However, reliance on a few key players increases vulnerability to demand shifts or disruptions. Exploring opportunities to attract more diverse buyers could reduce risk. The sales approach likely involves bulk contracts typical for commodities, ensuring predictable revenue. With no relevant news provided, the strategy remains focused on current trade dynamics.

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

Strategic Supply Chain Overview

The Peru Molybdenum ores Export 2025 May under HS Code 261390 operates as a pure commodity trade. Price is driven solely by global molybdenum indices and bulk demand, with no quality or processing differentiation. Supply chain risk is high due to extreme concentration: one product type, one dominant buyer group, and two countries (Chile and China) taking over 70% of volume. This creates vulnerability to demand shifts or logistics disruptions in these key markets.

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

  • Use trade data to identify and target secondary buyers in the US, South Korea, and Netherlands. Why it matters: This diversifies your customer base and reduces over-reliance on Chile and China.
  • Monitor real-time global molybdenum price indices and adjust contract terms accordingly. Why it matters: It ensures you capture the best possible margin in a commodity-driven market.
  • Analyze shipping and logistics costs to high-value destinations like Chile. Why it matters: Optimizing logistics protects profitability despite higher per-unit prices paid by certain buyers.
  • Track competitor export volumes and pricing under HS Code 261390. Why it matters: This intelligence helps you position your offers more competitively and anticipate market shifts.
  • Develop long-term contracts with core high-frequency buyers to ensure stable offtake. Why it matters: It secures predictable revenue and reduces the impact of spot market volatility.

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 May?

Peru's Molybdenum ores exports surged in May 2025 to 222.76 million USD, rebounding from earlier seasonal dips due to renewed global industrial demand, particularly in steel alloy production.

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

Chile (42.45% of export value) and China Mainland (over 70% combined share with Chile) dominate, followed by the US, South Korea, and the Netherlands in smaller but significant volumes.

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

Chile pays a higher average unit price, likely due to receiving higher-grade non-roasted molybdenum ores or favorable logistics, as the product is uniform (HS Code 261390).

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

Exporters must prioritize relationships with dominant buyers (94% of value) like major mining firms while diversifying to secondary markets (e.g., US, Netherlands) to mitigate reliance on Chile and China.

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

Core buyers (Chile, China) benefit from stable bulk supply, while sporadic buyers (US, South Korea) face competition for limited spot-market volumes due to Peru’s concentrated trade structure.

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

The exported non-roasted ores (HS Code 261390) are raw concentrates used primarily in steel alloy production for industries like construction and automotive manufacturing.

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