In January-October 2024, Ukrzaliznytsia (UZ) increased its cargo transportation by 21.9% compared to the same period in 2023, to 146.94 million tons.
“In January-October 2024, Ukrainian rail transport transported 146.94 million tons, which is 26.4 million tons, or 21.9%, more than in the same period last year. In October, the volume of cargo transportation amounted to 15.06 million tons, which is 8.8% more than in September,” UZ said in an analytical note prepared for the meeting of the Exporters’ Office on Thursday.
The volume of transportation in export traffic for 10 months of 2024 increased by 64.2% to 71.07 million tons. At the same time, exports accounted for 48% of total transportation, while in the same period in 2023 it was 36%.
In the first 10 months of the year, grain cargo took the first place in total exports – 28.85 million tons (40.6%). Transportation volumes of iron and manganese ore amounted to 27.67 million tons (38.9%), ferrous metals – 4.33 million tons (6.1%), and construction materials – 3.49 million tons (4.9%).
“In the current environment, the steel and agricultural sectors retain the status of the mainstay of Ukrainian exports. The sea routes remain the main channel for increasing the supply of Ukrainian goods to foreign markets,” UZ analytical note says.
It is noted that the dynamics of cargo transportation volumes is affected by massive shelling and the state of the energy sector.
Earlier it was reported that since the beginning of the year, UZ has increased the volume of cargo transportation by almost a quarter, reducing it in September compared to August.
In January-October 2024, Ukraine exported 2.5 thousand tons of chilled and frozen pig meat, and imported 2.1 thousand tons, imports are likely to fall to a record low, the Pig Producers of Ukraine (PUA) industry association reported, citing data from the State Customs Service.
“Given the minimal presence of imported pork on the market (less than 1% of the total capacity), this year the meat industry is most focused on domestic products. At the same time, the low activity of external pork supplies “hints” that this year may set a new record low in terms of imports, breaking the previous one – 5.2 thousand tons, which was recorded in 2018,” analysts said.
The USBA highly appreciated the growth of pork supplies to foreign markets, which in January-October exceeded 2.5 thousand tons and brought $ 6 million, which is higher than the cost of importing pork by $ 780 thousand.
Analysts predict that Ukraine will be able to finish 2024 as a net exporter, albeit by a small margin.
According to the USBA, the limited geography of foreign trade prevents more tangible export achievements. For example, 75% of Ukrainian pork is exported to the UAE, while the rest in small volumes is exported to Bahrain, Malaysia, Liberia, Hong Kong, and Angola.
As reported, the State Service of Ukraine for Food Safety and Consumer Protection is negotiating bilateral veterinary certificates required for foreign trade with a number of countries, including South Korea, Malaysia, Singapore, Vietnam, etc.
Ukrainian Graphite (Ukrgraphit, Zaporizhzhya) ended January-September this year with a net loss of UAH 118.074 million, while in the same period last year it posted a net profit of UAH 128.230 million.
According to the company’s interim report, net income for the period decreased by 18.4% to UAH 1 billion 79.194 million.
The company’s retained earnings as of the end of September amounted to UAH 3 billion 755.517 million.
As reported, in 2023, Ukrgraphite increased its net profit by 2.34 times compared to 2022 to UAH 122.941 million, and net income by 1.2% to UAH 1 billion 564.656 million.
“Ukrgraphite is Ukraine’s leading producer of graphitized electrodes for electric steel-making, ore-thermal and other types of electric furnaces, commercial carbon masses for Soderberg electrodes, and carbon-based lining materials for metallurgical, machine-building, chemical and other industries.
According to the National Depository of Ukraine (NDU) as of the second quarter of 2024, Intergraphite Holdings Company Limited (Bermuda) owns 23.9841% of the company, and C6 Safe Group Limited (Cyprus) owns 72.0394%.
The authorized capital of the company is UAH 233.959 million, with a par value of UAH 3.35 per share.
Revenues from exports of grains, oilseeds, meal and oil in the first quarter of the 2024/2025 season (July-October this year) amounted to $6.1 billion, up $1.6 billion, or 35.6%, compared to the previous season, the Ukrainian Grain Association (UGA) reported on Facebook.
“Over 4 months, Ukraine has received significantly more export revenue from the sale of wheat, barley, rapeseed and soybeans compared to last season,” the industry association stated.
According to the chart below, in July-October 2024, sales of wheat on foreign markets brought Ukraine $1.456 billion, which is 1.9 times more than a year earlier, while revenue from rapeseed exports increased by 50.6% to $1.119 billion, corn by 32% to $849 million, soybeans by 2.1 times to $477 million, and barley by 3 times to $286 million.
At the same time, the revenues from sunflower oil exports in July-October 2024 decreased by 0.7% to $1.356 bln, and sunflower meal by 9.2% to $344 mln compared to the same period last year.
Exports of aluminum and aluminum products in the first ten months of 2024 increased by 29.3% compared to the same period last year to $105.559 million (in October – $12.243 million).
In 2023, exports of aluminum and aluminum products increased by 0.7% compared to 2022 to $97.616 million.
In January-October 2024, Ukraine increased imports of aluminum and aluminum products by 22.3% to $376.269 million (in October – $42.993 million).
In addition, in 2023, Ukraine increased imports of aluminum and aluminum products by 7.7% to $366.463 million.
Aluminum is widely used as a structural material. The main advantages of aluminum are its lightness, stamping resistance, corrosion resistance, high thermal conductivity, and non-toxicity of its compounds. In particular, these properties have made aluminum extremely popular in the production of cookware, aluminum foil in the food industry, and packaging. The first three properties have made aluminum the main raw material in the aviation and aerospace industries (recently it has been replaced by composite materials, primarily carbon fiber). After the construction and production of packaging, such as aluminum cans and foil, the energy sector is the largest consumer of the metal.
On Thursday, 11/14/2024, an auction for the sale of a special permit for the extraction of granodiorite from the Yarivske deposit (site 1971) in the Rivne region was held in the electronic system of JSC Prozorro.Sale. NADRA.INFO reports with reference to UBIZ.ua.
Yarivsky quarry is located in the Yarovyi Dol tract near Tomashgorod and has been operating since 1948.
As of 01.01.2024, the remaining reserves of the Yarivske deposit (1971 site), accounted for by the State Balance of Mineral Reserves of Ukraine “Building Stone”, are as follows (thousand m3) by category A – 1965.5, B – 7064.2, C1 – 4407.8; A+B+C1 – 13437.5; C2 – 2850.6.
The auction was the second repeat auction, so it started with UAH 9.3 million, which is half as much as the first auction (UAH 18.6 million), which did not take place on October 08, 2024 due to the lack of participants.
This time, there were two bidders for the Yarivske field license. Dalgakiran Compressor Ukraine LLC offered UAH 9,407,800 for the lot, and Yarivsky Grancarrier PrJSC won with a bid of UAH 9,408,000.
Yarivsky Grancarrier was founded in 1993. The authorized capital is UAH 9,587,473. Registered in Tomashgorod, Rivne region. The owner is Yana Danylchuk, the director is Mykola Kravets. Yarivsky Grankarier PrJSC previously used the Yarivsky granodiorite deposit on the basis of special permits No. 2958 (invalid) and No. 2192 (canceled).
The nearest granite deposits are in use:
