Business news from Ukraine

Ukraine reduced imports of nickel ores by 57%

28 August , 2022  

Ukraine in January-July this year reduced imports of nickel ores and concentrate in physical terms by 57% compared to the same period last year – up to 309.699 thousand tons.
According to statistics released by the State Customs Service (STS), in monetary terms, imports of nickel ores decreased by 58.3% to $14.112 million.
At the same time, the import was carried out from Guatemala (100% of deliveries in terms of money).
For seven months of 2022, as in January-July 2021, Ukraine did not export and re-export these products.
As reported, Ukraine in 2021 reduced the import of nickel ores and concentrate in physical terms by 20.6% compared to 2020 – to 1 million 235.533 thousand tons. In monetary terms, imports of nickel ores decreased by 22.2% to $58.929 million. Imports were carried out from Guatemala (100% of deliveries in monetary terms).
Last year, Ukraine did not export and re-export these products.
Nickel ore is imported to Ukraine by the Pobuzhsky ferronickel plant (PFC, part of the Solway group).
PFC processes about 1.2 million tons of ore per year.

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