The volume of the motor fuel market, including petrol, diesel fuel liquefied gas, in Ukraine, in 2021 increased by 6%, to 12.22 million tonnes, according to a press release from the A-95 Consulting Group.
According to the group, the growth of the market is dictated by economic activity and de-shadowing of the sector.
“The increase in supplies was the result of not only the growing economic activity, especially in the agricultural sector and road construction, but also comprehensive efforts to combat the illegal market. Part of the volumes were brought out of the “shadow,” but this sector, especially with regard to petrol, still accounts for up to 20% of the market,” Serhiy Kuyun, the director of A-95 Consulting Group, said.
According to A-95, the volume of diesel fuel and motor gasoline markets increased by 7% in 2021, to 7.97 million tonnes and 2.29 million tonnes, respectively. At the same time, the liquefied natural gas market showed negative dynamics for the first time in the last eight years, decreasing by 1% to 1.96 million tonnes.
Last year, in the structure of diesel fuel supplies, the share of imports increased in percentage terms from 84% to 86%. At the same time, the share of Russian diesel fuel decreased from 35% to 25% (2.05 million tonnes against 2.61 million tonnes in 2020), the main reason for which was the cessation of pumping through the PrykarpatZakhidTrans oil product pipeline.
At the same time, 2.89 million tonnes were supplied from Belarus in 2021, which amounted to 36% of the Ukrainian market against 30% of the share of Belarusian supplies in 2020.
A record volume of diesel fuel – 1.2 million tonnes, which is 1.5 times more than in 2020 – entered Ukraine by sea.
In 2021, Ukraine imported 1.28 million tonnes of gasoline, or 56% of the market volume. At the same time, Belarusian refineries supplied up to 1 million tonnes and retained their share in gasoline imports at the level of 2020 – 78%. The Polish concern Orlen increased deliveries by 11% over the year – up to 262,200 tonnes.
Domestic gasoline production in 2021 amounted to 1.01 million tonnes, demonstrating a 3% drop due to malfunctions at the Ukrtatnafta refinery last fall (the plant produced 880,000 tonnes of gasoline for the year).
The Experts Club continues a series of programs dedicated to the macroeconomics of Ukraine. The new issue analyzes the preliminary results of 2021.
“We create such analytical videos in order to increase the level of knowledge of the population in the field of economics and for easy visualization of a huge number of figures. Such content, of course, is not a “mass market,” but we do not strive for it either. We focus on a thinking and searching audience,” founder of the Experts Club project Maksim Urakin said.
The issue analyzes the change in the number of the population of Ukraine, the current unemployment rates, presents the labor market in the regional context. In addition, GDP indicators are given, the main trade partners of the country are named, trends and plans for the payment of Ukraine’s internal and external debt, as well as indicators of retail and inflation, are analyzed.
The video contains a large number of author’s charts, histograms, which conveniently illustrate the main macroeconomic trends.
The Experts Club is dedicated to political science, economics, science, futurology, contains expert opinions and analysis of the topics discussed.
This video is available for viewing at the link
https://www.youtube.com/watch?v=gUs6fF–F-c
You can subscribe to the channel at the Experts Club – YouTube link
The Antimonopoly Committee of Ukraine (AMCU) has allowed Orexim closed non-diversified venture corporate investment fund to increase its share in the charter capital of Ukrtranslogistic (UTL, Kyiv) to over 50%, whereas now this figure is 10%.
The state regulator made the corresponding decision at a meeting on January 13.
According to the unified state register of legal entities and individual entrepreneurs, the ultimate beneficiary of Orexim with a charter capital of UAH 504.7 million is Ukrainian businessman Yuriy Budnyk.
The investment fund is part of Orexim Group, the main activities of which are the export of agricultural products, port and logistics services. The group has offices in several cities of Ukraine, as well as abroad.
During its existence, the group has invested over $ 100 million in fixed assets.
According to the information on the UTL website, the company is engaged in the lease of railway wagons. Its wagon fleet consists of about 300 wagons, 62% of which are high-sided wagons, 27% are grain wagons, 11% are covered wagons.
According to the state register, Ukrtranslogistic with a charter capital of UAH 35,000 was founded in 2015. The majority shareholder of the company is Volodymyr Kustkov, who owns 31.34% of shares. In addition to him, shares of 10% in the company belong to Orexim and Alveor fund (Kyiv) belonging to Serhiy Kovalchuk and Yevhen Denisov.
Ukraine in 2021 left the list of the most vulnerable and less stable countries according to the Berlin company Scope due to its ability to continue accumulating foreign exchange reserves, improving the balance of payments and reducing payments over the past year, member of the Council of the National Bank of Ukraine (NBU) Viktor Koziuk has said.
“Berlin-based company Scope calculates the External Vulnerability and Resilience rankings. Last year Ukraine was in the most risky oval on the chart. It was among the countries that are most vulnerable and less resilient. This year Ukraine has left this oval. This creates a certain margin of safety,” he said in an exclusive interview with Interfax-Ukraine.
According to him, a certain improvement on the side of the external sector speaks of restrained optimism associated with vulnerability to external shocks.
“At the same time, Ukraine remains in the 80th place in terms of external vulnerability. That is, the probability that we have dropped out of this oval forever is not 100%. We need to work so that we do not return there,” the expert added.
Turkey, Armenia, Belarus and Georgia are in the list of the most vulnerable countries in 2021.
Zaporizhia Iron Ore Plant (Dniprorudne, Zaporizhia region) in 2021 increased iron ore production by 1.2% compared to 2020, to 4.620 million tonnes.
As the company told Interfax-Ukraine, during this period, 4.523 million tonnes of products were shipped to consumers.
At the same time, 263,900 tonnes of ore were mined in December, and 320,900 tonnes of products were shipped to consumers.
Zaporizhia Iron Ore Plant sells its products to metallurgical enterprises in Slovakia, the Czech Republic, Austria and Poland, as well as to Zaporizhstal metallurgical plant in Ukraine.
The main shareholders of the plant are Slovak company Minerfin, a.s. with 51.1697%, Zaporizhstal with 29.5193%, and Czech KSK Consulting, a.s. with 19.0632%.
Ukrainian banks’ cash exchange rates on 13/01/22
Source: Interfax-Ukraine
