Business news from Ukraine

Business news from Ukraine

Scrap metal exports from Ukraine increased by 61% in 2024

In 2024, Ukrainian companies increased their exports of ferrous scrap by 60.7% compared to 2023, up to 293,190 thousand tons from 182,465 thousand tons.
According to statistics released by the State Customs Service (SCS), 31,612 thousand tons of scrap were exported in December, 34,608 thousand tons in November, 24,549 thousand tons in October, 24,767 thousand tons in September, 28,287 thousand tons in August, 28,567 thousand tons in August, and 28,567 thousand tons in September. tons, September – 28,549 thousand tons, September – 24,767 thousand tons, August – 28,425 thousand tons, July – 24,702 thousand tons, June – 22,161 thousand tons, May – 14,952 thousand tons, April – 26,153 thousand tons, March – 20,907 thousand tons, February – 23,194 thousand tons, January – 17,160 thousand tons.
In monetary terms, scrap metal exports increased by 73.2% to $91.311 million from $52.723 million over the year.
Scrap metal exports in 2024 were mainly to Poland (81.80%), Greece (13.75%) and Germany (3.19%).
For the whole of last year, the country imported 104 tons of scrap metal worth $110 thousand, while in 2023 it imported 1,075 thousand tons worth $411 thousand. Imports were carried out mainly from Turkey (64.55% in monetary terms), the British Virgin Islands (16.36%) and Panama (8.18%).
As reported, in 2023, Ukraine’s scrap collection company increased the export of scrap metal from the country by 3.4 times compared to the previous year – up to 182,485 thousand tons from 53,557 thousand tons. In monetary terms, exports increased 2.74 times to $52.723 million from $19.271 million.
Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in an op-ed on the Interfax-Ukraine website that scrap metal is exported through the European Union, which has a preferential export duty of EUR3 per ton, and from there the raw materials are redirected to real customers. He pointed out that exporting raw materials directly to customers would cost EUR180 in export duties, and the Ukrainian budget has already lost UAH 350 million.
The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide steelmakers with strategically important raw materials during the war. He also clarified that a ton of scrap metal processed into steel brings in ten times more to the budget than the EU export duty, which is about $300 per ton.
In 2022, Ukraine reduced exports of ferrous scrap by 11.5 times compared to the previous year, to 53,557 thousand tons, and in monetary terms, it decreased by 12.4 times, to $19.271 million.

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Trade turnover through Ukrainian sea ports increased by 28% in 2024

Trade turnover through sea checkpoints in 2024 increased by 28.2% to 97.91 million tons, while by land it decreased by 8.1% to 64.3 million tons, the State Customs Service reported.

It added that, in addition, 26.1 million tons of goods were transported across the state border through pipelines and 6237.5 GWh of electricity through power lines, which is 8.1% less and 2.9 times more than in 2023, respectively.

According to the State Customs Service, the import of goods increased by 10.3% to 30.1 million tons, while exports increased by 10.9% to 132.1 million tons.

It is noted that the number of sea vessels crossing the customs border last year increased by 14.1% to 10.4 thousand, river vessels – by 3% to 34.4 thousand, while motor vehicles decreased by 6.8% to 7 million 670.2 thousand, and railroad cars – by 8.2% to 1 million 277.4 thousand.

In addition, the State Customs Service reports 0.2 thousand aircraft compared to 0.1 thousand in 2023.

The agency clarified that overland trade turnover increased only through the border with Poland – by 1%, to 32.83%, while through the Slovak and Romanian borders it decreased by 12% and 12.2% – to 13.36 million tons and 9.26 million tons, respectively, and through the Hungarian and Moldovan borders – fell by 22.1% and 26.5% – to 4.57 million tons and 4.27 million tons, respectively.

As for the number of vehicles crossing the border, it decreased at all borders last year: the lowest was with Moldova – by 3.4% to 1.44 million, with Poland – by 7.3% to 4.32 million, with Romania – by 7.4% to 1.51 million, with Slovakia – by 8.7% to 0.84 million, and with Hungary – by 10% to 0.90 million.

As previously reported by the State Customs Service, in monetary terms, exports of goods from Ukraine in 2024 increased by 18.5% to $41.6 billion, while imports increased by 11.3% to $70.7 billion.

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Lead imports to Ukraine increased 2.4 times

Ukraine increased imports of lead and lead products by 2.4 times to $2.391 million (December: $1.193 million). Exports of lead decreased by 22.9% to $11.401 million (December: $583 thousand).

Lead is currently mainly used in the production of lead-acid batteries for the automotive industry. In addition, lead is used to make bullets and some alloys.

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Nova Poshta opens 31st post office in Moldova

Nova Poshta, the leader in express delivery in Ukraine, has opened a new post office in Balti, Moldova, bringing its total number of post offices in the country to 31.

“We have opened a new post office in the Moldovan city of Balti. Branch No. 4 at 8/4 Stefan cel Mare Street became the 31st Nova Poshta branch in the country. In the branch, you can send and receive parcels up to 30 kg,” the company said in a telegram.

“Nova Poshta has been operating in Moldova since 2014. At the very beginning, the company opened three branches in the country: in Chisinau, Cahul and Balti. In 10 years, Nova Poshta has increased their number to 30, opening three sorting terminals.

In the first half of 2024, Nova Post Moldova delivered 1.1 million parcels. In 2023, the company delivered 1.2 million parcels. Nova Post Moldova is among the three fastest delivery companies in Moldova.

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UPI-Agro has completed season: 1.8 mln tons of sugar beet processed

Ukrprominvest-Agro Group of Companies (UPI AGRO) has completed the 118-day sugar beet processing season, during which 1.77 million tons of sugar beet were processed, with the Gaisyn and Kryzhopil plants producing 255.57 thousand tons of sugar, the company’s press service reports on Facebook.
The agroholding noted that the Gaisyn and Kryzhopil sugar factories completed the season on January 6, 2025, when they processed the last tons of raw materials from their own and partner fields, the total sown area of which amounted to 45.249 thousand hectares, including their own – 22.029 thousand hectares.
In total, during this production season, the plants of the UPI-AGRO group processed 1 million 777 thousand 767 tons of sugar beet with a sugar yield of 255 thousand 573 tons.
According to the report, Haysynskyi Sugar Plant produced 49.93 thousand tons of syrup for further storage, from which it is planned to produce 26.497 thousand tons of sugar in the spring.
“The production season of 2024 at UPI-AGRO was completed in the optimal timeframe – its duration due to the combination of efficiency, effectiveness and quality of production processes amounted to 118 days,” the group said.
As reported, in the 2023/2024 season, the sugar refining season in the agricultural holding lasted 132 days, with Haisyn and Kryzhopil plants processing 2.105 million tons of sugar beet and producing 337.5 thousand tons of sugar.
“Ukrprominvest-Agro is engaged in growing crops, producing sugar, flour, and meat and dairy farming. The group’s land bank exceeds 116.5 thousand hectares. The agricultural holding is located mainly in regions that have not been invaded by the Russian occupiers.
The group’s sugar business is represented by two sugar factories in Vinnytsia region. The total elevator storage capacity is 120 thousand tons.
Ukrprominvest-Agro comprises Agroprodinvest Group LLC, PJSC Podillya PC, LLC Zorya Podillya PC, LLC Vinnytsia Bakery No. 2, AF Dniproagrolan, AF Ivankivtsi, LLC Mas-Agro, LLC Pravoberezhne, and LLC Progress-NT.
The owner of the agricultural holding since December 2019 is the son of the former President of Ukraine Oleksiy Poroshenko.

Passenger flow through western border of Ukraine in August 2024, thousand

Passenger flow through western border of Ukraine in August 2024, thousand

 

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