Business news from Ukraine

Business news from Ukraine

CARGO TRANSPORTATION ON DNIPRO RIVER GROWS BY 62% IN JAN-APRIL

Cargo transportation on the Dnipro River in January-April 2021 increased 62.5% (by 1.2 million tonnes) compared to the same period in 2020, to 3.12 million tonnes of cargo. According to a posting on the website of the Ukrainian Sea Ports Authority (USPA) with reference to the data of the River Information Service of Ukraine (RIS), 3,465 voyages were carried out during January-April versus 1,694 flights in 2020 (a rise of 104.5%).
“The main share of cargo is construction cargo, the volume of transportation of which grew by 126% and reached 1.97 million tonnes. Grain cargo is in second place. Its volume of transportation is actually equal to last year’s indicators and amounts to 804,800 tonnes (a decrease by 2%),” USPA said.
In addition, metal products were actively transported by river. In the four months ended April 2021, the volume of metal transportation by river increased 68.3% and reached 340,000 tonnes.
This year, 4,700 tonnes of petroleum products were also transported by river.

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MOST POPULAR ELECTRIC CARS IN UKRAINE IN JAN-APR ARE NISSAN LEAF, TESLA MODEL 3 AND CHEVROLET BOLT

Primary registrations of electric vehicles in Ukraine (new and used) in April 2021 grew by 6% compared to March of this year, to 699 units, while in April last year, due to the nationwide strict quarantine, only 38 electric cars were registered, according to the Ukrautoprom association. According to a posting on its website on Tuesday, the share of new electric cars of total registrations accounted for 9% (64 units).
The bulk of the electric vehicles registered in April were passenger cars – 666 units, including 62 new and 604 used.
The most popular electric car was Nissan Leaf with 198 registrations, the second result was for TESLA Model 3 (77 registrations), the third for the Chevrolet Bolt (67 cars).
The fourth most popular electric car was TESLA Model S with 38 registrations, and the top five of the April market for electric cars is closed by Audi E-Tron with 37 registered cars.
According to the association, out of 33 commercial electric vehicles registered in April, 29 units were Renault Kangoo Z.E.
Taking into account the April data, in January-April of this year, 2,400 electric vehicles were registered for the first time in Ukraine, which is 37% more than in the same period in 2020. The share of used vehicles was 90%.
At the same time, registrations of used vehicles grew by 36%, to 2,161 units, new ones – by 46%, to 232 units.

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NATIONAL BANK OF UKRAINE’S OFFICIAL RATES AS OF 12/05/21

National bank of Ukraine’s official rates as of 12/05/21

Source: National Bank of Ukraine

OFFICIAL RATES OF BANKING METALS FROM NATIONAL BANK AS OF MAY 12

Official rates of banking metals from national bank as of May 12

One troy ounce=31.10 grams

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UKRAINIAN ENTERPRISES IN JAN-APR INCREASE EXPORT OF FERROUS SCRAP METAL BY 7.5 TIMES

Ukrainian enterprises in January-April this year increased the export of ferrous scrap 7.5 times compared to the same period last year, to 86,979 tonnes, including 37,874 tonnes of scrap in April.
According to statistics released by the State Customs Service on Tuesday, in monetary terms, the export of scrap metal grew 10 times, to $30.712 million.
At the same time, in January-April of this year, the country increased the import of scrap metal in kind by 36.1%, to 7,755 tonnes. In monetary terms, the import of scrap increased 2.1 times, to $13.009 million.
The import of scrap metal in January-April of this year was carried out mainly from Turkey (61.77% of deliveries in monetary terms), the Russian Federation (29.56%) and the United States (3.13%); export – to Turkey (94.65%), Lithuania (1.32%) and Germany (1.25%).

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UKRAINIAN INSTITUTE OF AGRARIAN ECONOMICS EXPECTS RISE IN WINTER BARLEY IN 2021

The harvest of winter barley in 2021 will increase by 17.8% compared to 2020, to 3.9 million tonnes, and the gross harvest of this crop this year will be the highest since 2016, scientists from the Institute of Agrarian Economics (IAE).
As Director of the Institute, Academician Yuriy Lupenko, said on the Institute’s website on Tuesday, an increase in the gross harvest of winter barley is expected due to an increase in its yield by 9.3%, to 3.6 tonnes per ha, while the sown area will expand by 7.7%, to 77,000 hectares.
The scientists expect an increase in the harvest of winter wheat by 15.9%, soybeans by 12.9%, winter rye by 11.7%, and fruit and berry crops by 10.8% in 2021. Among spring grains and legumes, the largest growth is projected for peas (6%) and corn (4.4%).
The IAE predicts an increase in sunflower and grape production this year by 8.5% compared to 2020, sorghum – by 8.1%, sugar beet – by 2.3%. The lowest growth rate is expected for buckwheat – by 1.5%. However, the production of this crop increased significantly last year – by 17.8%.
The institute expects a decrease in the harvest of oats by 19.5%, millet by 17.7%, rice by 8.3%, rapeseed by 4%, potatoes by 3.9% in 2021.
The scientists of the institute also predict an increase in crop production in 2021 by 5.9% after a decline in 2020 by 12.3%, thanks to which Ukraine will receive the third largest harvest since 1991.

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