Change in consumer prices in 2023-2024, %
Source: Open4Business.com.ua
Payment of all taxes by the top ten filling stations by the number of filling stations by the results of 2024 increased by 40%, or by 3.1 billion UAH – up to 10.4 billion UAH, said the Director of the consulting group “A-95” Sergey Kuyun in Facebook.
“To begin with, let’s focus on the results of the top 10 networks by the number of filling stations, which account for 54% of fuel sales in the country. By taxes we mean VAT (without VAT on imports), income tax, personal income tax and unified social tax,” he wrote.
According to the expert, the payment of taxes increased despite a 2.9% decrease in sales. In particular, the payment of VAT amounted to UAH 4.2 billion, which is 55% more than in 2023.
“Among other things is explained by the effect of the preferential VAT rate of 7% during the first half of 2023,” – said Kuyun.
On payment of income tax last year was recorded growth by 32% – up to 2.2 billion UAH.
In turn, payroll taxes PIT+ESV also increased by 32% – up to UAH 3.4 billion. The average official salary for the top 50 increased over the year to 17482 UAH/month from 11853 UAH/month.
“Conclusion. The fuel market shows good dynamics of tax payment on all points, including such problematic ones as income tax and payroll taxes”, – claims the director of ‘A-95’.
According to the provided diagram, in terms of tax payment per liter of fuel the leading network is OKKO – 3.27 UAH (a year earlier 2.39 UAH), followed by Shell – 2.94 UAH (2.21 UAH) and UPG – 12.82 UAH (1.67 UAH).
Also in the top five are WOG – 2.15 UAH (1.25 UAH) and AMIC – 1.94 UAH (1.75 UAH).
The second five are KLO – 1.78 UAH (0.96 UAH), Avantazh 7 – 1.43 UAH (1.02 UAH), BRSM-Nafta – 1.36 UAH (1.09 UAH), VST – 1.2 UAH (0.88 UAH) and MOTTO – 1.09 UAH (0.53 UAH).
According to Kuyun, the increase in tax payments was mainly due to pressure from the tax service, MPs and experts. At the same time, there is still a large gap between the leaders and outsiders of taxpayers in the fuel market, which indicates, firstly, the budget losses in 2024 and, secondly, the potential to increase budget revenues in the current year.
Russia’s military aggression against Ukraine has a profound negative impact on global food security. Ukraine still remains an important link in the global food chain, and restoring its full agricultural production and export capabilities is critical to stabilizing global food markets and preventing a large-scale food crisis, SEEDSwrites .
Denys Vasylenko, co-founder of the logistics company NIDERA AGRO, an expert in grain exports and logistics, and industry leader of the NGO Svit.UA, wrote about this in a blog post on the website of the public platform Svit.UA .
“Due to the war, Ukraine has lost a significant part of its traditional export routes. The blockade of the Black Sea ports, the destruction of transport infrastructure and constant security threats have created significant barriers to agricultural exports. Disruptions in the supply of food from Ukraine have led to an increase in global agricultural prices. This hit poor countries that are critically dependent on imports particularly hard.
At the same time, new opportunities for Ukrainian farmers have emerged, including the abolition of customs duties in the EU, which has made it easier to enter the European market,” Denys Vasylenko said .
Key export destinations and new opportunities
Agriculture accounts for a significant portion of the country’s GDP and is a key factor in economic sustainability. The full-scale invasion has shown how important it is for Ukraine to maintain logistics, especially the operation of sea routes and ports, to ensure a stable supply of products to global markets.
“The main goal of our work is to integrate Ukrainian grain into the European market. Ukraine’s export potential for 2025 is highly dependent on many factors, the main one being the end of the war and the establishment of peace. In the case of a positive scenario, Ukraine has a significant potential to restore and grow exports, using the opportunities of European integration, international support and domestic reforms. In a negative scenario, our export opportunities will be critically limited,” emphasizes the grain export and logistics expert.
We managed to knock Russian companies out of the Italian market
Nevertheless, the EU remains Ukraine’s main trading partner, emphasized Denys Vasylenko.
“In January 2025, the volume of exports to the EU reached $1.8 billion. 57% of our food exports cross the EU border, of which 52% remain in the EU countries. We managed to knock Russian companies out of the Italian market. Although it is still very difficult to compete with them on prices. Now the Italian and Spanish markets are open to us, but we need to gain a foothold there. Not only with the products we sell there. We need to have a good reputation and work efficiently for the long term.
As for global markets, we also need to work hard and look for opportunities. After we almost lost China, Egypt and Turkey, African countries are very important for our wheat. Now exports to these countries have increased from 3% to 13%. This is a good trend,” said the co-founder of the logistics company NIDERA AGRO.
According to him, the blocking of ports, destruction of infrastructure, disruption of transportation routes, security risks – all this creates extraordinary challenges for farmers.
“The war has dramatically changed the logistics routes of Ukrainian agricultural exports and led to the search for alternative export routes (by rail, river, through the western borders). To stabilize exports, it is important to have an effective logistics strategy that includes route optimization, coordination with European partners, and the use of new technological solutions in grain transportation.
One of the key areas of work of the NGO Svit.UA is advocacy of Ukrainian producers before European governments and the business community.
The organization is actively working to ensure stable access of Ukrainian agricultural products to the EU markets and to support the competitiveness of our farmers. In addition, the NGO Svit.UA helps producers adapt their logistics processes, looks for new export opportunities and participates in the creation of effective solutions to improve agro-logistics,” adds Denys Vasylenko.
Ukrainian agricultural exports are facing unprecedented challenges, but at the same time, they are getting new opportunities, the grain export and logistics expert believes.
“Gaining a foothold in the European market, developing the African direction, searching for new logistics solutions and an effective product promotion strategy are the key areas that will determine the future of Ukrainian agricultural exports.
Ukraine has every chance to not only maintain but also strengthen its position as one of the leading players in the global food market. To do this, we need not only to effectively solve logistical issues, but also to build long-term strategic partnerships with importing countries despite any challenges,” Denys Vasylenko is convinced.
2022-2024 goods trade balance forecast (USD billion)
Source: Open4Business.com.ua
Geographical structure of Ukraine’s foreign trade (surplus) in January-October 2024, million USD
Source: Open4Business.com.ua
Turkmenistan is ready to export natural gas to European countries, said Gurbanguly Berdimuhamedov, former head of the country and current chairman of the People’s Council. He emphasized the strategic importance of cooperation with Europe in the field of energy resources, noting that the European market is one of the largest in the world.
Berdimuhamedov drew attention to the fact that Turkmenistan ranks fourth in the world ranking in terms of natural gas reserves. “I will give another concrete example: the Galkynyş field ranks first in the world in terms of gas reserves. Its reserves amount to 27.4 trillion cubic meters. These figures show that our country’s export potential allows us to meet the energy needs not only of our own, but also of our partners in the region and beyond,” the politician said.
