The Opendatabot service presented the top 10 most successful Ukrainian wholesale companies that earned the most last year. In total, these businesses earned UAH 458.95 billion in 2022, the resource reports.
According to the Opendatabot Index, almost half of the top 10 most successful Ukrainian wholesalers are businesses that sell solid, liquid, gaseous fuels and similar products, two companies sell groceries, and two sell tobacco.
“OKKO, WOG, West Petrol Market (fuel) and DTEK Trading, which sells energy products, are among the top 10 companies in the wholesale sector of the Index. The list also includes businesses that sell tobacco (Tedis Ukraine and Philip Morris Sales and Distribution). Only two companies on the list sell food: MHP (meat) and Kernel Trade (grain). The Index also includes the pharmaceutical company Optima Farm and Metinvest-SMC, the resource notes.
“Kernel Trade, a part of one of the largest agricultural holdings in Ukraine, Kernel, has remained the unchanging leader in wholesale trade in the country for the second year in a row. In 2022, its revenue amounted to UAH 67.92 billion, down 21% compared to 2021 (UAH 85.79 billion).
The second position in the ranking is occupied by OKKO, whose revenue increased 1.6 times to UAH 67.29 billion.
The top 3 is rounded out by Tedis Ukraine, a tobacco company that increased its revenue by 7% to UAH 64.95 billion.
The revenue of another company specializing in wholesale tobacco trade, Philip Morris Sales and Distribution, decreased by 15% to UAH 29.08 billion (10th place).
The fourth place in the Index was taken by MHP, whose revenue in 2022 amounted to UAH 46.73 billion and remained almost unchanged compared to 2021 (UAH 46 billion).
The fifth place on the list goes to Optima Farm, which reduced its revenue by 4% to UAH 44.34 billion.
DTEK Trading recorded the largest increase in revenue, up 1.8 times. Its revenue of UAH 36.68 billion allowed it to rise from 18th place in the 2021 ranking to seventh in the 2022 ranking.
At the same time, Metinvest-SMC reduced its revenues by 42% to UAH 29.86 billion, compared to UAH 51.39 billion in pre-war 2021.
“It is worth noting that the top 10 Ukrainian wholesalers have undergone significant changes compared to 2021. Last year, two companies specializing in energy trading dropped out of the list,” the resource notes.
We are talking about United Energy, which was the second highest earner in the country before the outbreak of full-scale war. In 2022, it earned 3.6 times less revenue than in 2021 – UAH 17.24 billion – and lost 19 rating points.
Khim-Trade also dropped out of the ranking: having reduced its revenue by 1.4 times to UAH 26.3 billion, the company dropped to the 12th position in the ranking.
Two businesses specializing in grain wholesale dropped out of the top 10 most profitable: “Nibulon in 2022 reduced its revenue by 2.7 times compared to 2021, to UAH 15.18 billion, and ADM-Ukraine by 1.5 times, to UAH 25.17 billion.
The total revenue of the top 10 wholesale trade companies last year decreased by 10% compared to the top 10 in 2021, Opendatabot summarized.
“The Opendatabot Index is an analytical tool for assessing the real situation of Ukrainian business based on data from state registers, financial statements of companies, information on relations with Russia, sanctions lists, and other analytical tools.
