Business news from Ukraine

Business news from Ukraine

Ukraine imported cars worth almost $720 mln in January-February

Ukraine’s imports of passenger cars, including cargo-passenger van cars and racing cars (UKT VED code 8703), in January-February 2025 in monetary terms decreased by 7.8% year-on-year to $719.92 million.
According to statistics released by the State Customs Service (SCS) of Ukraine, in February imports of passenger cars to Ukraine exceeded the February-2024 figure by 3% to $385.94 million, while in January there was a 17.8% drop compared to January-2023.
The top three largest suppliers of cars to Ukraine in January-February this year were Germany, the U.S. and Japan, while in the previous year it was the U.S., China and Germany.
In particular, the supply of cars from Germany increased by almost 40% – up to $152.15 million, and their share in the structure of car imports amounted to 21.13% against 13.94% a year earlier.
Cars worth $122.13 million (15% less) were imported from the USA to Ukraine. Japan, which last year was not among the top three countries with the largest car imports, this year imported $79 mln worth of cars in two months.
It is noteworthy that China, whose imports a year ago amounted to $114.88 mln (second place after the USA), has not yet entered the top three.
Overall, imports of passenger cars from other countries totaled $366.63 million during the period compared to $413.87 million in January-February last year.
At the same time, in January-February this year Ukraine exported such vehicles for only $1.9 million, in particular to the UAE (67% of exports), Czech Republic and Moldova, while a year earlier the country sold them to foreign markets for $3.8 million, mainly to Canada (47.7%), USA (26.8%) and Moldova.
According to the STS, in the total structure of imports of goods to Ukraine in January-February the share of passenger cars amounted to 6.37%, in the structure of exports – 0.03%.
As reported, in 2024 in Ukraine imported passenger cars for $4.385 billion – 8% more than a year earlier, exported $10.1 million (2.7 times less).

 

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Harvest volumes of grains and pulses, mln tons

Harvest volumes of grains and pulses, mln tons

Source: Open4Business.com.ua

Pharmacy sales in Ukraine increased by 11.4% in January-February 2025

In January-February 2025, pharmacy sales in Ukraine increased by 11.44% in monetary terms compared to the same period in 2024, to UAH 36.03 billion, while in physical terms they decreased by 5.6%, to more than 190.6 million packages.

According to Business Credit, according to its research, the weighted average price of pharmacy basket goods inJanuary-February amounted to UAH 189.07, which is 18.3% more than in the same period in 2024.

At the same time, pharmacy sales of medicines in January-February 2025 amounted to UAH 28.292 billion, which is 11.98% more than a year earlier, but in physical terms, pharmacy sales of medicines during this period decreased by 5.52% to 134.978 million packs.

The weighted average retail price of medicines amounted to UAH 209.61 per unit in the first two months of the year, which is 18.53% higher than a year earlier.

Pharmacy sales of dietary supplements in January-February increased by 13.41% in monetary terms to UAH 4.052 billion, while in physical terms they decreased by almost 3.17% to 17.784 million packs. The weighted average price in this segment in two months of 2025 increased by 17.13% compared to 2023, to UAH 227.87 per unit.

At the same time, according to Business Credit, a decrease in sales in physical terms was recorded in all segments of the pharmacy basket.

As reported, pharmacy sales in Ukraine in 2024 increased by 10.67% in monetary terms compared to 2023 – to UAH 192.843 billion, while in physical terms they decreased by 5% – to more than 1.157 billion packs. The weighted average price of pharmacy basket products in 2024 amounted to UAH 166.59, which is 16.53% more than in 2023.

At the same time, pharmacy sales of medicines in 2024 amounted to UAH 151 billion, which is 10.83% more than a year earlier, but in physical terms, pharmacy sales of medicines decreased by 5.64% to 810.155 million packs. The weighted average retail price of medicines in 2024 amounted to UAH 186.39 per unit, which is 17.45% more than in 2023.

Pharmacy sales of dietary supplements in 2024 increased by 11.06% in monetary terms to UAH 19.992 billion, while in physical terms they decreased by almost 3.06% to 99.012 million packs. The weighted average price in this segment in 2024 increased by 14.56% compared to 2023 to UAH 201.92 per unit.

Milk production in Ukraine decreased by 5% in February 2025

In Ukraine, in February 2025, farms of all categories produced 439 thousand tons of raw milk, which is 14 thousand tons less (-3%) compared to January 2025 and 24 thousand tons less (-5%) compared to February 2024, according to the Association of Milk Producers (AMP).

According to the report, in January-February 2025, the volume of milk yield in Ukraine amounted to 891 thousand tons, which is 32 thousand tons (-4%) less than in the previous year.

At the same time, the share of enterprises in the production of raw milk in February 2025 amounted to 55%, and households – 45%. Enterprises produced 239 thousand tons of raw milk in February 2025, which is 20 thousand tons less (-8%) compared to January 2025 and 4 thousand tons more (+2%) compared to February 2024.

In January-February 2025, dairy farms produced 499 thousand tons of raw milk, which is 21 thousand tons (+4%) more than in the previous year.

In private households, milk yield in February 2025 amounted to 200 thousand tons, which is 6 thousand tons more (+3%) than in January 2025 and 28 thousand tons less (-12%) than in February 2024. In January-February 2025, the private sector produced 393 thousand tons of raw milk, which is 53 thousand tons (-12%) less than in the previous year.

AVM analyst Giorgi Kukhaleishvili notes that in 2025, MTFs may refrain from increasing milk production in the face of declining demand for dairy products in the domestic market and falling purchase prices. Since dairy processing companies are not able to buy milk at adequate market prices, a further increase in milk yield could lead to a greater price collapse.

At the same time, the potential threat of the spread of foot-and-mouth disease, which has been reported in Hungary and Slovakia, poses a challenge to Ukraine’s dairy industry. An increase in culling of infected livestock could lead to a reduction in milk yield.

“There are prospects for some growth in demand for milk in Ukraine. Dairy processing companies are striving to promote the recovery of demand for dairy products from the population through discounts and promotional offers in retail chains. With the beginning of spring, the ice cream season begins, and the export of canned milk from Ukraine is also growing, which stimulates the receipt of additional volumes of raw milk for processing,” the industry association summarized.

FAO supports Ukrainian Ministry of Agrarian Policy and Food in building small vegetable storage facilities

FAO supported the initiative of the Ministry of Agrarian Policy and Food to build small vegetable storages with capacity from 20 to 1000 tons, first of all – in the frontline areas of Kharkiv and Mykolayiv regions, said the Minister of Agrarian Policy and Food Vitaliy Koval.

“Today in Ukraine up to 35% of grown products are lost due to lack of proper storage conditions. We are solving this problem! Together with FAO we launch the construction of modern vegetable storages with capacity from 20 to 1000 tons, first of all – in the frontline territories of Kharkiv and Mykolaiv regions,” he wrote in his Telegram channel.

The Minister explained that each small storage facility gives the opportunity to work about 150 small farmers. Around it, new jobs and cooperations are created. In addition, crop losses are reduced, which is critical for food security.

Kowal added that once the small storage projects are up and running, construction will begin on large multi-section facilities that will be used not only by farmers, but also by businesses, supermarkets and social institutions – hospitals, schools, etc.

“My goal as a minister is for these vegetable storage facilities to become the basis for the development of the cooperative movement among agrarians,” the minister emphasized.

In addition, the ministry team discussed with FAO Regional Program Manager for Europe and Central Asia Raimund Yele and Acting Head of FAO Office in Ukraine Mohammed Azuka a new project to support agrarians in the production of biogas and electricity from agro-biomass.

“The development of bioenergy is not only energy independence, but also an opportunity for additional income for farmers,” summarized the Minister.

 

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“Ukrnafta” announced tender for VHI with budget of 183 million UAH

PJSC “Ukrnafta” on March 24 announced a tender for Medical Insurance of employees.
As reported in the Prozoro system, the expected cost is UAH 182.980 mln.
Applications for participation in the tender will be accepted until April 1.

 

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