In January-May this year, Ukraine reduced pig iron exports in physical terms by 19.6% year-on-year to 507.106 thousand tons.
According to statistics released by the State Customs Service (SCS) on Thursday, pig iron exports in monetary terms decreased by 22.3% to $189.600 million during the period.
At the same time, exports were carried out mainly to the United States (78.55% of supplies in monetary terms), Italy (6.49%) and Poland (5.77%).
In the first five months of the year, the country imported 15 tons of pig iron worth $35 thousand from Germany (there were no imports in January, March and May), while in the same period in 2023 it imported 37 tons of pig iron worth $52 thousand.
As reported, in 2023, Ukraine reduced exports of processed pig iron in physical terms by 5.8% compared to 2022 – to 1 million 248.512 thousand tons, while exports in monetary terms decreased by 26.2% to $ 471.467 million. Deliveries were made mainly to Poland (51.91% of supplies in monetary terms), Spain (21.41%) and the United States (13.15%).
In 2023, Ukraine imported 154 tons of pig iron worth $156 thousand from Germany (42.31%), Brazil (41.67%) and Poland (16.03%), compared to 40 tons of pig iron worth $23 thousand in 2022.
In 2022, Ukraine reduced exports of processed pig iron by 59% in physical terms compared to the previous year to 1 million 325.275 thousand tons, and by 61.1% in monetary terms to $638.774 million.
In 2022, Ukraine imported 40 tons of pig iron worth $23 thousand, while in 2021 it imported 185 tons of pig iron worth $226 thousand. Exports were mainly to the United States (38.47% of supplies in monetary terms), Poland (32.91%) and Turkey (8.12%), while imports were made from Germany (100%).
