Peru Zinc Ore HS2608 Export Data 2025 January Overview

Peru Zinc Ore (HS 2608) 2025 January Export: Key Takeaways

Peru's Zinc Ore export under HS Code 2608 in January 2025 shows extreme buyer concentration, with China Mainland dominating 72.8% of volume and 74.4% of value, signaling both premium pricing and high market risk. The product structure suggests consistent quality, while trade patterns reveal Europe and South Korea as secondary but strategic partners. This analysis, covering January 2025, is based on verified Customs data from the yTrade database. Peru must diversify exports to mitigate reliance on China while maintaining efficient logistics and HS code compliance.

Peru Zinc Ore (HS 2608) 2025 January Export Background

Peru's Zinc Ore exports (HS Code 2608: Zinc ores and concentrates) are critical for global industries like galvanized steel and batteries, with steady demand driven by infrastructure and renewable energy growth. In 2025, Peru faces a 10% U.S. tariff under Executive Order 14257 [EY Global], yet remains a top supplier, leveraging its rich mineral reserves. January 2025 data shows continued strong shipments, reinforcing Peru's role in meeting global zinc needs despite trade policy shifts.

Peru Zinc Ore (HS 2608) 2025 January Export: Trend Summary

Key Observations

Peru Zinc Ore HS Code 2608 Export in January 2025 demonstrated a highly stable unit price of 1.00 USD/kg, with export value and volume nearly identical at 139.46 million USD and 139.07 million units respectively, indicating no significant price volatility during the period.

Price and Volume Dynamics

The constant unit price reflects typical industry pricing stability for bulk mineral ores, often driven by long-term contracts and benchmark rates. Without specific QoQ data, the alignment of value and volume suggests steady trade conditions, contrasting with the 28.27% decline in annual export value noted in 2023 [The Dollar Business]. This consistency may signal a potential stabilization after previous downturns, though YoY comparisons are limited by data availability.

External Context and Outlook

External factors, such as the US imposition of a 10% tariff on Peruvian goods effective April 2025 [EY Global], could introduce future demand-side pressures for Peru Zinc Ore exports. Additionally, ongoing global HS code updates (FreightAmigo) may impact trade documentation and flows, warranting close attention to regulatory changes that could affect market dynamics in 2025.

Peru Zinc Ore (HS 2608) 2025 January Export: HS Code Breakdown

Product Specialization and Concentration

In January 2025, Peru's Zinc Ore HS Code 2608 export market is overwhelmingly concentrated in a single high-grade product. Sub-code 2608000090, described as Zinc ores and concentrates, accounts for 99.81% of the total export value. It ships at a unit price of $1.01 per kilogram, demonstrating its premium positioning. The remaining sub-code 2608000010, with the same product description but a much lower price of $0.16 per kilogram, is a clear outlier representing a minimal volume and value share.

Value-Chain Structure and Grade Analysis

The two sub-codes represent distinct quality grades within the same bulk commodity category. The dominant 2608000090 is a higher-grade, processed concentrate, while 2608000010 is a lower-grade or raw material form. This structure confirms that Peru's Zinc Ore export under HS Code 2608 operates as a bulk commodity market, where pricing is directly tied to quality specifications and global mineral indices rather than brand differentiation.

Strategic Implication and Pricing Power

Peru's export dominance in high-grade Zinc Ore concentrates under HS Code 2608 provides strong pricing power and market leverage. Exporters should focus on maintaining quality standards and production efficiency to capitalize on this position. However, [FreightAmigo] notes ongoing regulatory scrutiny for US-Peru trade, while [EY] highlights potential tariff impacts, requiring careful compliance management for Peru's 2025 Zinc Ore exports.

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Peru Zinc Ore (HS 2608) 2025 January Export: Market Concentration

Geographic Concentration and Dominant Role

In January 2025, Peru's Zinc Ore HS Code 2608 export was overwhelmingly dominated by China Mainland, which held 72.8% of the weight and 74.41% of the value. The slight excess in value ratio over weight ratio points to a marginally higher unit price for shipments to China, suggesting possible premium quality or favorable pricing in this commodity trade.

Partner Countries Clusters and Underlying Causes

The export partners cluster into three groups: China as the massive bulk buyer due to its industrial demand for raw materials; European countries like Spain and Germany with smaller but significant volumes, likely for specific industrial uses or alloy production; and South Korea with high frequency but lower per-shipment volume, indicating regular, integrated supply chains for processing or re-export.

Forward Strategy and Supply Chain Implications

Peru should diversify its export markets beyond China to reduce concentration risks, focusing on European and Asian partners for stability. Supply chains must ensure efficient logistics and monitor pricing disparities. Compliance with global HS code harmonization is essential, as accurate classification under HS Code 2608 is critical for smooth exports, referencing updates in the Harmonized Tariff Schedule [Harmonized Tariff Schedule].

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Peru Zinc Ore (HS 2608) 2025 January Export: Buyer Cluster

Buyer Market Concentration and Dominance

In the Peru Zinc Ore Export for 2025 January under HS Code 2608, the buyer market is extremely concentrated, with one group of buyers driving nearly all the trade value. This dominant segment, characterized by high purchase amounts and frequent transactions, accounts for 97.72% of the total export value. The typical buyer in this market engages in regular, high-volume purchases, reflecting the bulk commodity nature of Zinc Ore. Across the four segments of buyers, this high-value, high-frequency group is overwhelmingly central to Peru's export activity in this period.

Strategic Buyer Clusters and Trade Role

The other buyer segments play minor roles. Buyers with low value but high frequency likely represent smaller-scale traders or spot market participants, handling smaller, more routine shipments. Those with low value and low frequency are probably occasional buyers or new market entrants, possibly testing small orders or exploring supply options. The absence of any high-value, low-frequency buyers suggests no large, one-off or infrequent purchases occurred, which is common for standardized commodities like Zinc Ore where consistent bulk sales dominate.

Sales Strategy and Vulnerability

For Peruvian exporters, the focus must be on nurturing relationships with the dominant high-value buyers to ensure stable revenue, but this heavy reliance increases vulnerability to demand shifts or buyer changes. Diversifying into the smaller buyer segments could reduce risk and tap into growth opportunities. The sales model should emphasize bulk contracts and reliable supply chains. News of strong Zinc Ore exports [FreightAmigo] supports this strategy, though potential US tariffs (EY) may add uncertainty, requiring careful market monitoring.

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Peru Zinc Ore (HS 2608) 2025 January Export: Action Plan for Zinc Ore Market Expansion

Strategic Supply Chain Overview

The Peru Zinc Ore Export 2025 January under HS Code 2608 operates as a bulk commodity market. Price is driven by product grade and global demand shifts. The dominant high-grade concentrate (sub-code 2608000090) commands a premium price. China's overwhelming share creates both leverage and risk. Supply chains must prioritize quality control and logistics efficiency. Geopolitical factors like potential tariffs add volatility. This concentration requires robust risk management.

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

• Monitor buyer frequency data to anticipate demand cycles. This prevents overstock and optimizes production planning.
• Diversify export destinations using trade flow analytics. Target European and Asian markets to reduce reliance on China.
• Track unit price disparities by destination. Adjust sales strategies to maximize value in higher-paying markets.
• Strengthen compliance with HS Code 2608 classifications. Ensure accurate reporting to avoid customs delays and penalties.
• Develop contracts with high-value, high-frequency buyers. Secure long-term revenue streams while managing dependency risks.

Take Action Now —— Explore Peru Zinc Ore Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Peru Zinc Ore Export 2025 January?

Peru's Zinc Ore exports in January 2025 show stable pricing ($1.00/kg) and volume-value alignment, suggesting steady demand after a 2023 decline. The market is dominated by high-grade concentrates (99.81% share), reinforcing Peru's pricing power in bulk commodity trade.

Q2. Who are the main partner countries in this Peru Zinc Ore Export 2025 January?

China dominates with 74.41% of export value, followed by smaller European buyers like Spain and Germany. South Korea also imports regularly but with lower per-shipment volumes.

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

Price differences stem from product grade: high-grade concentrates (sub-code 2608000090) at $1.01/kg drive most exports, while a minor low-grade variant (2608000010) trades at $0.16/kg.

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

Exporters must prioritize relationships with high-volume buyers (97.72% of trade) and diversify beyond China to mitigate concentration risks, while maintaining quality standards for premium pricing.

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

Buyers in China benefit from consistent high-grade supply, while European and South Korean buyers access niche or smaller-scale shipments, offering flexibility for specialized industrial needs.

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

Zinc Ore is primarily processed into concentrates for industrial applications, such as alloy production or galvanizing, reflecting its role as a bulk commodity in global supply chains.