Peru Zinc Ingots HS7901 Export Data 2025 March Overview

Peru Zinc Ingots (HS 7901) 2025 March Export: Key Takeaways

Peru’s Zinc Ingots (HS Code 7901) Export in March 2025 reveals a bulk commodity market dominated by the U.S., which accounts for 19.3% of total value but pays lower unit prices ($2.28/kg), reinforcing its role as a high-volume buyer. The EU, led by Belgium, serves as a key processing hub, while Brazil and South Africa show infrequent, large-volume purchases typical of industrial stockpiling. This analysis, covering March 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Zinc Ingots (HS 7901) 2025 March Export Background

Peru’s Zinc Ingots (HS Code 7901: Unwrought zinc) are vital for galvanizing steel and die-casting in industries like automotive and construction, ensuring steady global demand. Recent updates to the EU-Peru trade agreement [Taxation-Customs] align HS 2022 rules, impacting preferential tariffs for exports. As a top zinc producer, Peru’s March 2025 exports benefit from trade deals like the US-Peru agreement, reinforcing its role in meeting international supply needs.

Peru Zinc Ingots (HS 7901) 2025 March Export: Trend Summary

Key Observations

Peru Zinc Ingots HS Code 7901 Export 2025 March saw a sharp price surge, with unit prices jumping 9.6% month-over-month to $2.62/kg, while export value climbed 20.6% to $169.35M despite only a modest 10.1% volume increase.

Price and Volume Dynamics

The March spike diverges from typical zinc market patterns, where price and volume often move inversely. This anomaly suggests external factors overrode normal industrial demand cycles. The 64.58M kg volume remained robust, indicating sustained buyer interest even at higher costs, though the value surge was primarily price-driven rather than volume-led.

External Context and Outlook

The price leap aligns directly with new rules of origin under the HS 2022 system [EU Taxation and Customs Union], effective August 2025, which likely prompted buyers to secure shipments ahead of compliance changes. Concurrent U.S. tariff hikes on Chinese zinc [EY] diverted demand to Peruvian suppliers, tightening short-term supply. This convergence of regulatory and trade policy shifts explains March’s volatility, with elevated prices likely persisting as markets adapt to new norms.

Peru Zinc Ingots (HS 7901) 2025 March Export: HS Code Breakdown

Product Specialization and Concentration

In March 2025, Peru's export of Zinc Ingots under HS Code 7901 is dominated by high-purity unwrought zinc, specifically the product with 99.99% or more zinc content, which holds over 57% of both value and weight shares. This sub-code, with a unit price of 2.65 USD per kilogram, shows strong specialization as a bulk commodity, reflecting its central role in Peru's zinc export profile for this period. No extreme price anomalies are present in the data.

Value-Chain Structure and Grade Analysis

The remaining sub-codes fall into two clear categories based on quality grade: lower-purity unwrought zinc with less than 99.99% zinc content, and zinc alloys. The lower-purity zinc has a slightly lower unit price of 2.53 USD per kilogram, while zinc alloys command a higher price of 3.49 USD per kilogram, indicating some differentiation. This structure points to a trade in fungible bulk commodities, where pricing is primarily driven by purity levels and minor value additions through alloying.

Strategic Implication and Pricing Power

For market players, the grade-based pricing suggests that focusing on higher-purity zinc and alloys can enhance pricing power in Peru's Zinc Ingots export under HS Code 7901. Trade agreements, such as the updated EU-Colombia-Peru-Ecuador preferential rules [EU Taxation and Customs], may provide strategic advantages by ensuring compliance and access to key markets, reinforcing the importance of quality differentiation in 2025 March exports.

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Peru Zinc Ingots (HS 7901) 2025 March Export: Market Concentration

Geographic Concentration and Dominant Role

Peru's Zinc Ingots HS Code 7901 Export in 2025 March is heavily concentrated, with the United States taking a dominant 19.3% share of total value. The US shows a lower value ratio (19.34) compared to its weight ratio (22.25), indicating it pays a lower unit price of approximately $2.28/kg. This price disparity confirms the product's nature as a bulk commodity, where the US acts as a high-volume, lower-margin buyer.

Partner Countries Clusters and Underlying Causes

Two clear country clusters emerge. The first includes Brazil and South Africa, which have very high shipment quantities but low shipment frequencies. This pattern suggests they are buying large volumes of raw zinc in single, infrequent purchases, typical of industrial consumers stocking bulk commodities. The second cluster contains Belgium and Germany, which have higher frequencies and strong value contributions. This points to their roles as trade and processing hubs within Europe, where zinc is received, potentially refined further, and then distributed.

Forward Strategy and Supply Chain Implications

For Peruvian zinc exporters, maintaining strong relationships with large-volume buyers like the US is key for stable revenue. The EU market, led by Belgium, offers opportunities for value-added distribution. Exporters must ensure compliance with updated rules of origin under the EU-Peru trade agreement to secure preferential tariff treatment [European Commission]. Diversifying into more Asian markets could also help balance reliance on the Americas.

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Peru Zinc Ingots (HS 7901) 2025 March Export: Buyer Cluster

Buyer Market Concentration and Dominance

The export of Zinc Ingots from Peru in March 2025, under HS Code 7901, is heavily concentrated in one segment of buyers. Buyers who make large and frequent purchases dominate the market, accounting for 97.17% of the total export value and 85.19% of all shipments. This high concentration means that the Peru Zinc Ingots Export in 2025 March relies almost entirely on a few key players for revenue, with median characteristics pointing to a commodity-driven trade where volume and regularity are central.

Strategic Buyer Clusters and Trade Role

The only other active segment consists of buyers who make small, infrequent purchases, contributing 2.83% to the value and 14.81% to the frequency. For a commodity like zinc ingots, this group likely represents occasional or niche market participants, such as smaller industrial users or spot buyers. The absence of any high-value infrequent or low-value frequent buyers indicates a market structure where bulk, regular transactions are the norm, with minimal variability in buyer behavior.

Sales Strategy and Vulnerability

For exporters in Peru, the strategic focus should be on maintaining strong relationships with the dominant large-volume buyers to secure steady revenue. However, this reliance creates vulnerability to demand shifts from these few players, highlighting a need to potentially diversify into the smaller buyer segment for risk mitigation. The sales model should prioritize efficiency and reliability, supported by compliance with updated trade rules, such as those under the EU-Peru agreement aligning with HS 2022 [European Commission], to ensure uninterrupted access to key markets.

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Peru Zinc Ingots (HS 7901) 2025 March Export: Action Plan for Zinc Ingots Market Expansion

Strategic Supply Chain Overview

The Peru Zinc Ingots Export 2025 March under HS Code 7901 operates as a bulk commodity trade. Price is primarily driven by product purity levels, with higher grades (99.99%+ zinc) and alloys commanding premium prices. The market relies heavily on large-volume, frequent buyers like the US, creating pricing pressure but ensuring steady volume. Geographically, exports concentrate in the Americas (US, Brazil) and EU hubs (Belgium), where the latter may add value through processing. This structure implies significant supply chain vulnerability to demand shifts from key partners, alongside opportunities in premium segments and EU redistribution.

Action Plan: Data-Driven Steps for Zinc Ingots Market Execution

• Prioritize production of higher-purity zinc (99.99%+) and alloys under HS Code 7901 to capture premium pricing, as quality differentiation directly boosts margin in commodity markets.
• Use shipment frequency and volume data to strengthen relationships with dominant bulk buyers in the US and Brazil, ensuring contract stability and reducing revenue volatility.
• Diversify into Asian and other emerging markets by analyzing trade flow patterns, to decrease over-reliance on a few geographic partners and spread market risk.
• Monitor and comply with updated rules of origin under the EU-Peru trade agreement, securing preferential access to key EU processing hubs like Belgium and protecting tariff advantages.
• Leverage buyer behavior analytics to identify and engage occasional smaller buyers, creating an additional revenue stream that mitigates dependency on large-volume transactions.

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Frequently Asked Questions

Q1. What is driving the recent changes in Peru Zinc Ingots Export 2025 March?

The sharp 9.6% price surge in March 2025 was driven by buyers securing shipments ahead of new HS 2022 rules of origin changes and U.S. tariff hikes on Chinese zinc, which diverted demand to Peruvian suppliers.

Q2. Who are the main partner countries in this Peru Zinc Ingots Export 2025 March?

The U.S. dominates with a 19.3% value share, followed by Brazil, South Africa, Belgium, and Germany, which act as key trade or processing hubs.

Q3. Why does the unit price differ across Peru Zinc Ingots Export 2025 March partner countries?

Price differences stem from product grades—higher-purity zinc (99.99%+) and alloys command premium prices ($2.65/kg and $3.49/kg, respectively), while bulk buyers like the U.S. pay lower rates ($2.28/kg).

Q4. What should exporters in Peru focus on in the current Zinc Ingots export market?

Exporters must prioritize relationships with dominant large-volume buyers (97% of value) while diversifying into smaller markets to mitigate reliance on a few key players.

Q5. What does this Peru Zinc Ingots export pattern mean for buyers in partner countries?

Bulk buyers (e.g., U.S., Brazil) benefit from stable supply, while EU hubs (Belgium, Germany) gain opportunities for value-added processing and distribution.

Q6. How is Zinc Ingots typically used in this trade flow?

Peru’s zinc ingots are traded as bulk commodities, primarily for industrial applications like galvanizing or alloy production, with minimal downstream processing.