Peru Zinc Ore HS2608 Export Data 2025 May Overview

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

Peru's Zinc Ore (HS Code 2608) exports in May 2025 show China dominating as the primary buyer, handling over half the volume and value, with stable pricing indicating standard-grade ore. Brazil stands out with higher-value purchases, likely for premium concentrates, while Spain and other smaller markets fill niche demand. This analysis, covering May 2025, is based on cleanly processed Customs data from the yTrade database.

Peru Zinc Ore (HS 2608) 2025 May Export Background

Peru Zinc Ore (HS Code 2608: Zinc ores and concentrates) fuels global industries like construction and automotive, where demand stays steady for galvanization and alloys. With Peru’s May 2025 exports under this code, the US-Peru FTA continues to streamline trade, though full customs declarations are now mandatory post-de minimis removal [FreightAmigo]. As a top mineral exporter, Peru’s role remains critical, with shipments like lead ores (HS 2608000090) hitting $4.09M in May 2025, showing sustained trade activity [MarketInsideData].

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

Key Observations

Peru Zinc Ore HS Code 2608 Export 2025 May showed a notable pullback in both volume and value from April’s peak, though unit prices held firm at $1.08/kg, reflecting resilient underlying demand despite monthly volatility.

Price and Volume Dynamics

Monthly export volume dipped to 226.25M kg in May from 244.75M kg in April, while value fell from $250.59M to $244.68M. This decline aligns with typical seasonal adjustments in mining output or logistics, rather than a demand shock. The steady unit price—up from $1.02/kg in March and April—suggests sustained global interest in zinc concentrates, supporting Peru’s role as a key supplier. Year-to-date, the cumulative performance remains strong, with May’s value still 75% higher than January’s.

External Context and Outlook

The stability in zinc ore trade conditions is reinforced by the unchanged regulatory framework under the US-Peru Free Trade Agreement, which continues to favor mineral exports [FreightAmigo]. No disruptive policy shifts were noted for HS Code 2608 in 2025 (FreightAmigo), allowing exporters to focus on operational efficiency and market alignment. With global industrial demand steady, Peru’s zinc ore exports are well-positioned for consistent performance, contingent on stable production and logistics.

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

Product Specialization and Concentration

In May 2025, Peru's Zinc Ore exports under HS Code 2608 are overwhelmingly concentrated in the sub-code for Zinc ores and concentrates (2608000090), which represents over 99% of the export value at a unit price of 1.10 USD per kilogram. The sub-code 2608000010, also described as Zinc ores and concentrates, is isolated as an anomaly due to its negligible share and drastically lower unit price of 0.17 USD per kilogram.

Value-Chain Structure and Grade Analysis

The market structure for Peru Zinc Ore HS Code 2608 Export in 2025 May is dominated by a single high-value product type, indicating a trade in fungible bulk commodities where pricing is closely linked to global indices. The anomalous sub-code with its low unit price may signify a minor, lower-grade variant, but it does not form a significant category, reinforcing the commodity nature of this export.

Strategic Implication and Pricing Power

The high concentration in one sub-code suggests that pricing power is held by a few major exporters, requiring focus on cost efficiency and market timing. The stable trade environment, supported by agreements like the US-Peru Free Trade Agreement which reduces tariffs [FreightAmigo], allows for consistent export flows, but players must align with global zinc price trends to maintain competitiveness.

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

Geographic Concentration and Dominant Role

For Peru Zinc Ore HS Code 2608 Export in 2025 May, China is the clear leader, handling over half the weight and value. China's value share is slightly below its weight share, suggesting standard grade ore with consistent pricing.

Partner Countries Clusters and Underlying Causes

Two main clusters emerge. China and Spain form the bulk import group, with high volume and aligned value-to-weight ratios, typical for commodity trade. Brazil stands out with a much higher value per weight, likely due to purchases of higher-grade concentrates. The remaining countries, including the US and South Korea, have smaller, varied shares, possibly for niche or spot market needs.

Forward Strategy and Supply Chain Implications

Peru should prioritize securing stable supply chains to major markets like China and Spain. Leveraging trade agreements such as the US-Peru FTA could open additional opportunities [FreightAmigo]. Ensuring accurate HS code compliance will minimize customs issues and maintain smooth exports.

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

Buyer Market Concentration and Dominance

In the Peru Zinc Ore Export for 2025 May under HS Code 2608, the buyer market shows strong concentration, with one segment of buyers dominating overwhelmingly. Buyers who make large and frequent purchases hold 92.56% of the export value, indicating that the market relies heavily on a few key players for most trade activity. This group also accounts for 76.86% of transaction frequency, showing consistent high-volume engagement throughout May 2025.

Strategic Buyer Clusters and Trade Role

The other three segments play smaller but distinct roles. Buyers with large but infrequent purchases contribute 2.67% of value, often representing project-based or bulk orders, such as from major processors. Those with small but frequent purchases add 1.30% of value, typically involving smaller traders or local distributors handling regular small shipments. Finally, buyers with small and infrequent purchases account for 3.47% of value, likely participating in spot markets or one-off deals, which adds minor diversification to the trade flow.

Sales Strategy and Vulnerability

For exporters in Peru, the strategy should focus on nurturing relationships with the dominant large and frequent buyers to secure stable revenue, while cautiously exploring opportunities in smaller segments to reduce dependency risks. The high concentration poses a vulnerability to market shifts, but the overall trade environment remains supported by existing agreements like the US-Peru FTA, which facilitates mineral exports under stable rules [FreightAmigo]. Sales should prioritize contract-based models for key buyers and maintain flexibility for occasional or small-scale transactions.

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

Strategic Supply Chain Overview

The Peru Zinc Ore Export 2025 May under HS Code 2608 operates as a bulk commodity market. Its price is driven by global zinc indices and ore grade quality. The supply chain implication is a focus on secure, high-volume logistics to processing hubs like China. Trade relies heavily on a few major buyers and destinations, creating vulnerability but also stability through established contracts.

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

• Use buyer frequency data to negotiate long-term contracts with high-volume clients. This ensures stable revenue and reduces market fluctuation risks.
• Monitor global zinc price indexes daily to time large shipments. This maximizes profit margins by aligning exports with peak pricing cycles.
• Track HS Code 2608 sub-code details for every shipment to avoid customs delays. This maintains smooth supply chain flows and compliance with trade agreements.
• Analyze destination-specific import patterns to prioritize logistics for key markets like China and Spain. This optimizes shipping routes and reduces transit costs.
• Engage smaller, infrequent buyers through targeted spot offers during low-demand periods. This diversifies revenue streams without disrupting core contracts.

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 May?

A1. The May 2025 decline in volume (226.25M kg vs. April’s 244.75M kg) reflects seasonal adjustments, but stable unit prices ($1.08/kg) indicate resilient global demand for zinc concentrates.

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

A2. China dominates with over half the weight and value, followed by Spain (bulk imports) and Brazil (higher-grade concentrates).

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

A3. Price differences stem from grade variations: Brazil pays more for high-grade concentrates, while China and Spain trade standard bulk ores at consistent rates.

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

A4. Prioritize contracts with dominant high-volume buyers (92.56% of value) while cautiously engaging smaller segments to mitigate dependency risks.

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

A5. Buyers in China and Spain benefit from stable bulk supply, while niche players (e.g., Brazil) access higher-grade concentrates at premium prices.

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

A6. Zinc ores and concentrates are primarily processed for industrial applications, including galvanizing and alloy production.