Peru Silver Products HS7106 Export Data 2025 January Overview

Peru Silver Products (HS 7106) 2025 January Export: Key Takeaways

Peru's Silver Products (HS Code 7106) export in January 2025 shows Brazil as the dominant buyer, accounting for 45.57% of value share, importing higher-unit-price semi-manufactured or refined silver. The market is highly concentrated, with Brazil and the US forming a high-value cluster, while Switzerland stands out for premium shipments. Exporters should prioritize stable supply to key markets while exploring high-margin opportunities to diversify risk. This analysis is based on cleanly processed Customs data from the yTrade database, covering January 2025.

Peru Silver Products (HS 7106) 2025 January Export Background

Peru's Silver Products (HS Code 7106: unwrought or semi-manufactured silver, powder) are vital for electronics, jewelry, and industrial applications, with steady global demand. Recent 2025 trade updates highlight opportunities under the US-Peru FTA, which reduces tariffs for silver exports [FreightAmigo]. As the world's 23rd-largest silver exporter, Peru's January 2025 shipments will benefit from these favorable terms, reinforcing its role in meeting international demand.

Peru Silver Products (HS 7106) 2025 January Export: Trend Summary

Key Observations

Peru's silver exports under HS Code 7106 in January 2025 showed a notable unit price spike to 1109.92 USD/kg, with export value holding firm at 21.17 million USD despite a volume of 19.07 thousand kg, indicating a shift toward higher-value transactions.

Price and Volume Dynamics

Year-over-year, the unit price for Peru Silver Products HS Code 7106 Export surged approximately 44% from 2023 averages, driven by strong global demand for precious metals amid typical industrial and investment cycles, where silver often sees price volatility due to its dual role as a industrial input and safe-haven asset. Volume contracted by around 30% compared to 2023 monthly averages, suggesting potential mining output constraints or inventory adjustments, but the value stability points to efficient price pass-through in the market.

External Context and Outlook

The US-Peru Trade Promotion Agreement [Harmonized Tariff Schedule of the United States (2025)] likely supported export resilience by reducing trade barriers, while Peru's position as a key silver producer [Silver in Peru Trade | The Observatory of Economic Complexity] faced headwinds from global economic uncertainties, keeping outlook cautious for sustained high prices amid potential supply recoveries.

Peru Silver Products (HS 7106) 2025 January Export: HS Code Breakdown

Product Specialization and Concentration

In January 2025, Peru's export of Silver Products under HS Code 7106 is heavily concentrated in unwrought silver, specifically the sub-code for unwrought silver not in powder form, which accounts for nearly 74% of the export value and 72% of the weight. The unit price for this dominant product is approximately 1133 US dollars per kilogram, indicating a high-grade, standardized commodity. There are no extreme price anomalies in this dataset.

Value-Chain Structure and Grade Analysis

The export structure consists of two main categories: unwrought silver and semi-manufactured silver. Unwrought silver, including both sub-codes, has unit prices around 1100 US dollars per kilogram, pointing to a uniform, high-purity product typical of bulk commodities. Semi-manufactured silver has a significantly lower unit price of about 556 US dollars per kilogram, suggesting a less refined or value-added form. This setup reflects a trade in fungible bulk goods, likely tied to global silver markets and indices due to their raw nature.

Strategic Implication and Pricing Power

For market players, Peru's strong focus on high-value unwrought silver under HS Code 7106 grants it considerable pricing power in exports, supported by its role as a key silver producer. According to [The Observatory of Economic Complexity], Peru was a major exporter of silver in 2023, reinforcing this advantage. Strategic efforts should prioritize quality control and optimizing trade agreements to maintain competitiveness in the 2025 market.

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Peru Silver Products (HS 7106) 2025 January Export: Market Concentration

Geographic Concentration and Dominant Role

In January 2025, Peru's export of Silver Products under HS Code 7106 was highly concentrated, with BRAZIL as the dominant importer, accounting for 45.57% of the value share. The value ratio (45.57) slightly exceeds the weight ratio (41.64), indicating that BRAZIL imports higher-unit-price silver, likely semi-manufactured or refined products, rather than raw bulk.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge: BRAZIL and the UNITED STATES form a high-value group with strong quantity shares, driven by regional trade ties and demand for processed silver in manufacturing. SWITZERLAND stands out with a low frequency but high value per shipment, possibly for financial or luxury applications. A second cluster includes ITALY, UNITED ARAB EMIRATES, and INDIA, with higher frequency but lower value ratios, suggesting imports of raw or bulk silver for industrial use.

Forward Strategy and Supply Chain Implications

For Peru's silver exporters, maintaining stable supply to BRAZIL and the US is key, while exploring opportunities in high-margin markets like Switzerland. Diversifying to reduce reliance on top buyers can mitigate risks. Given the commodity nature, focus on efficient logistics and cost control to stay competitive in global trade.

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Peru Silver Products (HS 7106) 2025 January Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Peru Silver Products Export for 2025 January under HS Code 7106, the buyer market is highly concentrated, with four segments of buyers. The dominant group consists of buyers who make frequent, high-value purchases, accounting for 78.44% of the total export value and 83.11% of the transaction frequency. This shows that the market is driven by a small number of regular, large-scale buyers, with median characteristics leaning towards high volume and high engagement.

Strategic Buyer Clusters and Trade Role

The other buyer segments play smaller but distinct roles. Buyers who make infrequent but high-value purchases contribute 20.15% of the value, likely representing occasional bulk orders or one-off deals. Buyers with frequent but low-value transactions account for less than 1% of value, suggesting small-scale, routine purchases. Lastly, buyers with infrequent and low-value activity have minimal impact, indicating sporadic or niche market participation. For a commodity like silver, this structure points to a core of steady industrial buyers supplemented by occasional large and small traders.

Sales Strategy and Vulnerability

For exporters in Peru, the strategic focus should be on maintaining relationships with the dominant high-value, frequent buyers to secure stable revenue. The high concentration poses a risk if these key buyers reduce orders, so diversifying into other segments could mitigate vulnerability. The sales model likely involves long-term contracts for bulk shipments. [OEC] notes Peru's significant silver export role, reinforcing the importance of this buyer structure for trade stability.

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Peru Silver Products (HS 7106) 2025 January Export: Action Plan for Silver Products Market Expansion

Strategic Supply Chain Overview

The Peru Silver Products Export 2025 January under HS Code 7106 operates as a high-volume commodity trade. Price is driven by global silver indices and product purity, with unwrought silver (74% of value) commanding premium prices. Supply chain implications center on bulk logistics and reliance on key buyers (78% of value from frequent, high-volume partners) and destinations (Brazil at 46% value share). This creates vulnerability to demand shifts in core markets but offers stability through standardized, high-grade exports.

Action Plan: Data-Driven Steps for Silver Products Market Execution

• Prioritize contract renewals with top-tier Brazilian and US buyers using shipment frequency data. This secures baseline revenue from your largest, most reliable markets.
• Analyze Swiss import patterns to create targeted offers of semi-manufactured silver. This captures higher margins in a niche, value-driven market segment.
• Diversify your buyer portfolio by identifying and engaging medium-value importers in Italy and India. This reduces over-reliance on a few dominant partners and mitigates market risk.
• Monitor global silver price indices and align inventory levels with forecasted cycles. This prevents overstocking during price dips and maximizes profit during peaks.
• Audit logistics costs for bulk shipments to Brazil and optimize routing. This maintains competitiveness by controlling the largest supply chain expense.

Take Action Now —— Explore Peru Silver Products Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Silver Products Export 2025 January?

The unit price surged 44% year-over-year to 1109.92 USD/kg, driven by strong global demand for silver as both an industrial input and safe-haven asset, while export volume fell 30% due to potential mining constraints.

Q2. Who are the main partner countries in this Peru Silver Products Export 2025 January?

Brazil dominates with 45.57% of export value, followed by the United States and Switzerland, which imports high-value shipments likely for financial or luxury applications.

Q3. Why does the unit price differ across Peru Silver Products Export 2025 January partner countries?

Brazil and the US import higher-priced semi-manufactured silver (~556 USD/kg), while others like India focus on raw bulk unwrought silver (~1133 USD/kg), reflecting differing industrial uses.

Q4. What should exporters in Peru focus on in the current Silver Products export market?

Prioritize relationships with dominant high-value, frequent buyers (78.44% of export value) while diversifying to mitigate reliance on Brazil and the US.

Q5. What does this Peru Silver Products export pattern mean for buyers in partner countries?

Brazil and the US benefit from stable bulk supply, while Switzerland accesses premium products; smaller buyers face niche or sporadic opportunities.

Q6. How is Silver Products typically used in this trade flow?

Unwrought silver (74% of exports) serves as a high-purity bulk commodity, while semi-manufactured forms cater to industrial or luxury manufacturing needs.