Peru Zinc Ores HS260800 Export Data 2025 January Overview

Peru Zinc ores (HS Code 260800) Export in January 2025 shows 72.8% volume and 74.4% value concentrated in China, with Europe and South Korea as diversification options, per yTrade data.

Peru Zinc Ores (HS 260800) 2025 January Export: Key Takeaways

Peru's Zinc ores (HS Code 260800) exports in January 2025 reveal a high-value, China-dominated market, with 72.8% of volume and 74.4% of value concentrated there, suggesting premium product grades. The European cluster (Spain, Germany) and South Korea show steady but smaller demand, offering diversification potential. This analysis, based on cleanly processed Customs data from the yTrade database, highlights China's dominance while underscoring the need to balance reliance with strategic expansion into secondary markets.

Peru Zinc Ores (HS 260800) 2025 January Export Background

Zinc ores and concentrates (HS Code 260800) are critical for global industries like galvanized steel and battery production, driving steady demand. Recent updates to the EU-Peru preferential trade agreement align rules with HS 2022 standards, ensuring smoother exports [EU Taxation]. Peru, a top zinc producer, remains a key supplier for January 2025 exports, benefiting from tariff-free access under the US-Peru Trade Promotion Agreement [Trade.gov]. This positions Peru Zinc ores HS Code 260800 Export 2025 January as a stable trade flow despite broader tariff shifts.

Peru Zinc Ores (HS 260800) 2025 January Export: Trend Summary

Key Observations

Peru Zinc ores HS Code 260800 Export in 2025 January opened with substantial volume and value, totaling 139.07 million kilograms and $139.46 million USD. This performance indicates a robust start to the year for the sector.

Price and Volume Dynamics

The strong January figures likely reflect a typical post-holiday rebound in mining output and industrial demand, following potential seasonal slowdowns in Q4 2024. Zinc ore exports often see increased activity early in the year as smelters and manufacturers replenish stocks ahead of peak construction and manufacturing cycles. This early-year surge aligns with the commodity's industrial cycle, supporting both volume and value metrics.

External Context and Outlook

Trade policy remains favorable for Peru Zinc ores exports, particularly under the ongoing U.S.-Peru Trade Promotion Agreement which maintains tariff-free access for many goods [U.S. Department of Commerce]. However, broader U.S. tariff changes announced for April 2025 could introduce future uncertainty (EY Tax News). The EU-Peru trade rules update to Harmonized System 2022 standards, effective August 2025, may also affect origin compliance but does not immediately impact zinc ore tariffs [European Commission]. Market stability will depend on sustained industrial demand and monitoring of these policy developments.

Peru Zinc Ores (HS 260800) 2025 January Export: HS Code Breakdown

Product Specialization and Concentration

In January 2025, Peru's export of Zinc ores under HS Code 260800 is overwhelmingly dominated by sub-code 2608000090, described as "Zinc ores and concentrates", which holds a 97% frequency share, 99% value share, and 99% weight share. This sub-code has a unit price of 1.01 USD per kilogram, indicating a standardized, high-volume product. An extreme price anomaly is present in sub-code 2608000010, with a unit price of only 0.16 USD per kilogram, which is isolated from the main analysis due to its minimal share of less than 2% across metrics.

Value-Chain Structure and Grade Analysis

After isolating the anomalous sub-code, the remaining trade is concentrated in a single category represented by 2608000090, suggesting a uniform, bulk commodity form of zinc ores. This structure points to a fungible product traded primarily based on weight and linked to global commodity indices, with no significant differentiation in value-add stages or quality grades within the main export flow.

Strategic Implication and Pricing Power

The high concentration in one sub-code gives Peruvian exporters strong pricing power for standard zinc ores, emphasizing the need to focus on volume efficiency and market demand. Leveraging trade agreements like the US-Peru Trade Promotion Agreement, which supports tariff-free exports for many goods [Trade.gov], can enhance competitiveness. No specific regulatory changes for HS Code 260800 were identified for January 2025, allowing stable export strategies.

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Peru Zinc Ores (HS 260800) 2025 January Export: Market Concentration

Geographic Concentration and Dominant Role

In January 2025, Peru's export of Zinc ores under HS Code 260800 was heavily concentrated, with China Mainland dominating by accounting for 72.80% of the weight and 74.41% of the value. The slightly higher value ratio suggests a marginally better product grade or pricing for this commodity, indicating China's role as the key market for high-volume, quality-focused imports.

Partner Countries Clusters and Underlying Causes

The export partners form two clear clusters: China Mainland as the primary destination due to its large-scale industrial demand for raw materials. A secondary cluster includes Spain and Germany, which likely import for European smelting or processing needs, given their substantial weight shares but lower frequency. South Korea shows a pattern of regular, smaller shipments, possibly for steady industrial consumption in manufacturing.

Forward Strategy and Supply Chain Implications

Peruvian zinc ore exporters should maintain strong supply chains with China to leverage its dominant position, while diversifying into European markets like Spain and Germany to reduce dependency. Staying informed on trade agreements, such as the EU-Peru preferential updates, can help navigate future opportunities, though no specific changes affected January 2025 exports.

CountryValueQuantityFrequencyWeight
CHINA MAINLAND103.77M101.25M50.00101.25M
SPAIN16.87M19.50M1.0019.50M
GERMANY10.00M9.80M1.009.80M
SOUTH KOREA6.52M6.94M12.006.94M
LUXEMBOURG2.30M1.58M1.001.58M
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Peru Zinc Ores (HS 260800) 2025 January Export: Buyer Cluster

Buyer Market Concentration and Dominance

For the Peru Zinc ores Export in 2025 January under HS Code 260800, the buyer market shows extreme concentration across four segments of buyers. The high-value, high-frequency buyers dominate with 97.72% of the total export value, handling 95.31% of the quantity through frequent transactions. This indicates a market where a few major players control nearly all trade, with median characteristics skewed towards large, regular purchases typical for commodity exports.

Strategic Buyer Clusters and Trade Role

The other segments include low-value, high-frequency buyers, who contribute a small share of value (1.25%) but are active in transactions, likely representing smaller traders or niche market participants. Low-value, low-frequency buyers add minimal value (1.03%) and quantity, suggesting occasional or exploratory purchases by minor entities. There are no high-value, low-frequency buyers in this period, meaning no large but infrequent transactions occurred, which is common in stable commodity markets where bulk deals are routine.

Sales Strategy and Vulnerability

The exporter in Peru should focus on nurturing relationships with the dominant high-value buyers to secure steady revenue, while the absence of high-value, low-frequency buyers reduces diversification risks but highlights dependency on a few clients. Opportunities exist to engage smaller, frequent buyers for marginal growth. The sales model likely involves long-term contracts or bulk shipments, reinforced by ongoing trade agreements like the US-Peru Trade Promotion Agreement, which supports tariff-free exports for such commodities [US Trade.gov]. This structure suggests resilience but requires monitoring for any shifts in trade policies.

Buyer CompanyValueQuantityFrequencyWeight
GLENCORE PERU S.A.C49.14M52.20M4.0052.20M
COMPAÑIA MINERA ANTAMINA S.A35.87M33.66M3.0033.66M
VOLCAN COMPANIA MINERA S.A.A.13.78M9.19M8.009.19M
TRADING PARTNERS PERU S.A.C************************

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Peru Zinc Ores (HS 260800) 2025 January Export: Action Plan for Zinc Ores Market Expansion

Strategic Supply Chain Overview

The Peru Zinc ores Export 2025 January under HS Code 260800 reveals a classic bulk commodity market. Price is driven by global zinc index benchmarks and consistent product grade, with minimal quality variation. China's dominance as the primary buyer creates supply chain implications centered on secure, high-volume logistics to Asian processing hubs. This structure emphasizes Peru's role as a reliable raw material supplier but also highlights dependency on a single market.

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

  • Monitor real-time shipment data to China to anticipate demand shifts and adjust production schedules, avoiding oversupply or shortages.
  • Analyze transaction frequency of secondary EU buyers like Spain to identify new contract opportunities, diversifying market risk.
  • Track unit price anomalies for sub-codes to detect quality or grading issues early, protecting premium pricing for standard concentrates.
  • Use buyer cluster data to negotiate long-term agreements with high-value, high-frequency partners, ensuring stable revenue and optimized logistics.

Take Action Now —— Explore Peru Zinc ores Export Data

Frequently Asked Questions

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

The strong January 2025 performance reflects a post-holiday rebound in mining output and industrial demand, with zinc ore exports surging ahead of peak construction and manufacturing cycles.

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

China dominates with 74.41% of the export value, followed by Spain and Germany as secondary markets for European smelting or processing needs.

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

The price difference stems from the overwhelming dominance of sub-code 2608000090 ("Zinc ores and concentrates"), priced at 1.01 USD/kg, while the minor sub-code 2608000010 shows an anomaly at 0.16 USD/kg.

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

Exporters should prioritize relationships with high-value buyers (97.72% of trade value) and diversify into European markets to reduce dependency on China.

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

Buyers in China benefit from stable bulk supply, while European buyers access smaller, regular shipments for niche industrial needs.

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

Zinc ores are primarily traded as bulk commodities for smelting and industrial processing, supporting construction and manufacturing sectors globally.

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