Peru Zinc Ore HS2608 Export Data 2025 June Overview

Peru Zinc Ore (HS Code 2608) Export in June 2025 shows China dominating with 55.7% share, Spain as secondary hub, and Japan's premium demand potential, via yTrade data.

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

Peru Zinc Ore Export 2025 June under HS Code 2608 reveals China as the dominant buyer, capturing 55.65% of volume and 55.74% of value, confirming a bulk commodity trade with stable pricing and minimal product differentiation. Spain emerges as a secondary high-volume hub, while Japan and others show potential for premium-grade demand. This analysis, covering June 2025, is based on cleanly processed customs data from the yTrade database.

Peru Zinc Ore (HS 2608) 2025 June Export Background

Zinc Ore (HS Code 2608: Zinc ores and concentrates) is a critical raw material for galvanization, batteries, and alloys, driving steady global demand. With Peru’s economy growing at 4.5% in 2025 and mining as a key export sector, the US-Peru Free Trade Agreement (FTA) ensures tariff benefits for compliant shipments under HS Code 2608 [FreightAmigo]. Peru’s active trade in Zinc Ore, with buyers like TRADING PARTNERS PERU S.A.C., highlights its strategic role in June 2025 exports, requiring accurate HS classification to avoid customs delays.

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

Key Observations

Peru Zinc Ore HS Code 2608 Export in 2025 June surged with volume reaching 290.72 million units, a 28.5% increase from May, while unit price dipped slightly to 1.05 USD/kg, indicating robust shipment activity despite minor price softening.

Price and Volume Dynamics

The first half of 2025 shows a clear upward trajectory in export volumes, with June's spike reflecting typical mid-year stock replenishment cycles in the mining sector, where increased industrial demand often drives higher shipments. Month-over-month, volume grew by 28.5% from May, while value rose 25% to $305.85 million, though unit price eased by 2.8%, suggesting efficient scale-up in production or competitive pricing strategies to capture market share. This pattern aligns with seasonal boosts in global manufacturing, particularly for zinc used in galvanizing and alloys.

External Context and Outlook

The sustained export growth is bolstered by the US-Peru Free Trade Agreement (FTA), which eliminates tariffs on most goods, including zinc ores, facilitating smoother trade flows [FreightAmigo]. Peru's economy is projected to expand by 4.5% in 2025, with mining exports as a key driver (FreightAmigo), supported by active trade data showing high import values for related codes, indicating strong global demand. This macroeconomic environment suggests continued strength in Peru's zinc ore exports through 2025.

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

Product Specialization and Concentration

In June 2025, Peru's Zinc Ore exports under HS Code 2608 are dominated by sub-code 2608000090 for Zinc ores and concentrates, which holds over 99% of the export value and weight. This sub-code commands a unit price of 1.07 USD per kilogram, reflecting its role as the primary, higher-value product. The minor sub-code 2608000010, with a unit price of only 0.17 USD per kilogram, is isolated as an anomaly due to its low price and minimal share, indicating it may represent lower-grade or incidental shipments not central to the market.

Value-Chain Structure and Grade Analysis

The remaining non-anomalous sub-codes fall into two clear categories based on unit price: a high-grade concentrate at 1.07 USD per kilogram and a low-grade variant at 0.17 USD per kilogram. This structure shows that Zinc Ore trade under HS Code 2608 involves differentiated quality grades rather than being a uniform, fungible bulk commodity, with pricing likely tied to zinc content or specific processing standards rather than global indices.

Strategic Implication and Pricing Power

Exporters of Peru Zinc Ore under HS Code 2608 in 2025 June have strong pricing power for the high-grade concentrate, emphasizing the need to focus on quality control and market positioning for premium products. According to [FreightAmigo], Peru's growing economy and mining sector drive demand (FreightAmigo), supporting opportunities for value retention through grade differentiation.

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

Geographic Concentration and Dominant Role

Peru Zinc Ore HS Code 2608 Export 2025 June shows a clear dominant supplier: CHINA MAINLAND accounts for 55.65% of the weight and 55.74% of the value, indicating a near-perfect match between volume and value that points to a standard-grade bulk commodity trade with consistent pricing. This pattern confirms zinc ore is traded as a raw material where volume, not product differentiation, drives market share.

Partner Countries Clusters and Underlying Causes

Two distinct clusters emerge beyond China. Spain forms a high-volume secondary source with 17.51% weight share and slightly lower value share (16.92%), likely serving as a regional supplier for European smelters with efficient shipping routes. A group including Japan, Belgium, Brazil, Canada, and Germany represents smaller but value-driven buyers; Japan’s 7.23% weight share commands 5.97% value, suggesting possible purchases of higher-grade or specialized concentrates for specific industrial applications.

Forward Strategy and Supply Chain Implications

Peru should maintain its bulk export model to China while developing value-added relationships with secondary markets. The consistent HS Code 2608 trade flows [MarketInsideData] reinforce that zinc ore remains a price-driven commodity. Diversifying into zinc concentrates for buyers like Japan could capture premium margins, but logistics must prioritize cost efficiency for high-volume shipments to dominant partners.

CountryValueQuantityFrequencyWeight
CHINA MAINLAND170.48M161.79M53.00161.79M
SPAIN51.74M50.90M11.0050.90M
JAPAN18.26M21.01M2.0021.01M
BRAZIL17.24M12.33M7.0012.33M
BELGIUM15.53M10.63M2.0010.63M
CANADA************************

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

Buyer Market Concentration and Dominance

The Peru Zinc Ore Export 2025 June under HS Code 2608 shows a highly concentrated buyer market, dominated by one group of buyers who account for 85.39% of the total export value. This dominant segment consists of buyers making frequent, high-value purchases, indicating a core of reliable, large-scale customers driving the market. The overall market for June 2025 is characterized by high-value transactions with moderate frequency, centered around four segments of buyers, where the top group's strong presence underscores a reliance on steady, bulk trade flows.

Strategic Buyer Clusters and Trade Role

The other buyer segments play distinct roles in the zinc ore trade. Buyers with high value but low frequency likely represent large, infrequent purchases, possibly for specific project needs or spot market deals. Those with low value but high frequency are probably smaller, regular buyers, such as local processors or traders handling consistent but smaller volumes. The segment with low value and low frequency consists of occasional buyers, perhaps testing the market or engaging in minor, one-off transactions, adding minimal but diverse demand.

Sales Strategy and Vulnerability

For exporters in Peru, the buyer structure suggests a strategic focus on maintaining relationships with the dominant high-value, frequent buyers to ensure stable revenue, while cautiously engaging with other segments to mitigate over-reliance risks. Opportunities exist in leveraging Peru's growing mining sector and trade agreements, such as the US-Peru FTA which supports tariff benefits for exports [FreightAmigo], but vulnerability lies in market fluctuations affecting less frequent buyers. The sales model should prioritize long-term contracts for security, supplemented by flexible approaches for smaller or irregular buyers to balance overall trade health.

Buyer CompanyValueQuantityFrequencyWeight
COMPAÑIA MINERA ANTAMINA S.A114.67M119.24M10.00119.24M
TRAFIGURA PERU SOCIEDAD ANONIMA CERRADA - TRAFIGURA PERU S.A.C49.80M39.63M6.0039.63M
GLENCORE PERU S.A.C41.43M38.70M11.0038.70M
COMPAÑIA MINERA SANTA LUISA S.A************************

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

Strategic Supply Chain Overview

The Peru Zinc Ore Export 2025 June under HS Code 2608 operates as a quality-differentiated bulk commodity market. Core price drivers are product grade (high-concentrate at 1.07 USD/kg vs. low-grade at 0.17 USD/kg) and concentrated demand from China (55.7% of volume/value). Supply chain implications include high reliance on bulk maritime logistics to China, vulnerability to shifts in Chinese industrial demand, and opportunity to leverage Peru’s mining sector growth for premium sales to niche buyers like Japan or EU partners.

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

  • Prioritize long-term contracts with high-frequency, high-value buyers using trade flow analytics to secure stable revenue and reduce exposure to spot market volatility.
  • Diversify export destinations by targeting value-focused partners like Japan with customized concentrate grades, using HS Code 2608 sub-code data to identify premium pricing opportunities.
  • Optimize logistics for cost-efficient bulk shipments to China by analyzing freight and routing data, ensuring margin protection in high-volume trades.
  • Monitor buyer frequency patterns to anticipate order cycles and align production schedules, preventing inventory overstock or shortages during demand fluctuations.

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 June?

Peru's Zinc Ore exports surged by 28.5% in volume in June 2025, driven by mid-year stock replenishment cycles and strong global demand, despite a slight 2.8% dip in unit price. The growth aligns with seasonal boosts in manufacturing and Peru's expanding mining sector.

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

China dominates with 55.7% of export value and weight, followed by Spain (16.9% value) and Japan (6% value). These markets reflect bulk trade to China and specialized demand from Japan.

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

Price differences stem from product grades: high-grade concentrate (1.07 USD/kg, 99% share) and low-grade (0.17 USD/kg). China’s bulk purchases align with standard pricing, while Japan may pay premiums for specialized concentrates.

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

Exporters should prioritize high-value, frequent buyers (85% of trade) while diversifying to mitigate over-reliance. Quality control for high-grade concentrates (1.07 USD/kg) is key to retaining pricing power.

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

China’s bulk purchases ensure stable supply, while Japan and others can access differentiated grades. Buyers face minor price volatility but benefit from Peru’s scalable production and trade agreements.

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

Zinc Ore is primarily traded as a raw material for galvanizing and alloy production, with high-grade concentrates catering to specialized industrial applications like precision manufacturing.

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