Business news from Ukraine

Business news from Ukraine

ELECTRICITY CONSUMPTION IN UKRAINE UP BY 7%

Electricity consumption in Ukraine (net, excluding losses in power grids) in January-September 2021 amounted to 92.2 billion kWh, which is 6.9% more than in the same period in 2020 (86.2 billion kWh).
“The main reasons [for growth in consumption] are the absence in 2021 of strict quarantine measures to counter the spread of COVID-19, and as a result, an increase in consumption occurred all months, but most of all in March and April – by 11.6% and 12, 4%, respectively,” Ukrenergo said.
In addition, according to it, in July 2021, hotter weather was observed than in July 2020 (23.7° С versus 21.9° С), which led to an increase in consumption by 7.2%.
In general, over the nine months, all consumer groups increased energy consumption, except for agricultural enterprises, which reduced the volume of electricity used by 5.9%.
The largest increase in consumption was among the group of non-industrial consumers (small and medium-sized businesses) – by 18.1%, in construction – by 15% and transport – by 9.4%, due to the absence of strict quarantine restrictions.
In turn, the population increased the volume of electricity used by 5.6%, industry – by 6.7%.
In January-September 2021, energy consumption was increased by all industries, most of all – manufacturers of construction materials (by 17.1%) and machine builders (by 14.1%).
“In addition, it should be noted there was a significant increase in consumption by metallurgical, as well as chemical and petrochemical industries – by 6.5% and 7.1%, respectively,” Ukrenergo said.
According to the company, in the structure of electricity consumption for the nine months of 2021, there was a significant reduction in the share of the population – from 30.9% to 30.5% and a simultaneous increase in the group of non-industrial consumers – from 6.1% to 6.7%, which is also possible attributed to the lack of quarantine this year.
In addition, farmers reduced their share from 3.2% to 2.9%.
The rest of the consumer groups practically did not change their share.

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UKRAINE INCREASES ELECTRICITY CONSUMPTION

Electricity consumption in Ukraine in January-July 2021, taking into account in-process losses in power grids, increased by 6.2% compared to the same period in 2020, to 89.179 billion kWh, according to recent data from the Ministry of Energy.
According to the calculations of the Interfax-Ukraine agency, without taking into account in-process losses, electricity consumption for the specified period increased by 6.5%, to 72.438 billion kWh.
The country’s industry, excluding in-process losses, increased electricity consumption by 6.3%, to 30.207 billion kWh. Metallurgical industry consumed 16.791 billion kWh (more by 5.1% compared to January-July 2020), fuel industry – 1.903 billion kWh (2.6% up), machine building industry – 2.068 billion kWh (up by 14.2%), chemical and petrochemical – 2.558 billion kWh (up by 9.5%), food and processing – 2.404 billion kWh (down by 1.8%), building materials – 1.492 billion kWh (up by 20.3%), others – 2.991 billion kWh (up by 8.1%).
In addition, agricultural enterprises consumed 1.983 billion kWh (down by 7.1%), transport – 3.525 billion kWh (up by 9.4%), construction – 629.9 million kWh (up by 17.8%).
Over the seven months of this year, the population of the country consumed 22.661 billion kWh (up by 5.3%), household consumers – 8.664 billion kWh (up by 7.5%), other non-industrial consumers – 4.768 billion kWh (up by 15.1%).
According to the results of the seven months, the share of industry in the total volume of electricity consumption decreased from 41.8% to 41.7%, and the share of the population – from 31.6% to 31.3%.

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METALLURGICAL ENTERPRISES OF UKRAINE INCREASE ELECTRICITY AND GAS CONSUMPTION

Metallurgical enterprises of Ukraine in January-May this year increased consumption of natural gas by 8.8% compared to the same period last year, to about 800 million cubic meters.
According to an information note of the Ukrmetalurgprom association, electricity consumption by metallurgical enterprises during this period amounted to about 4.74 billion kWh (104.2% compared to January-May 2020).
As reported, metallurgical enterprises of Ukraine in 2020 increased consumption of natural gas by 4.4% compared to the previous year, to 1.88 billion cubic meters, and electricity consumption by metallurgical enterprises during this period amounted to about 11.1 billion kWh (99.4% versus 2019).

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UKRAINE INCREASES ELECTRICITY CONSUMPTION IN JAN-MARCH

Electricity consumption in Ukraine, taking into account in-process losses in power grids, increased by 6.5% in January-March 2021 (by 2.591 billion kWh) compared to the same period in 2020, to 42.316 billion kWh, the Energy Ministry told Interfax-Ukraine.
Excluding in-process losses electricity consumption in January-March 2021 increased by 6.1% (by 1.934 billion kWh), to 33.675 billion kWh.
The country’s industry, excluding in-process losses, boosted electricity consumption by 3.5%, to 12.923 billion kWh. In particular, metallurgical industry consumed 6.99 billion kWh (2.5% more compared to January-March 2020), fuel industry some 854.8 million kWh (0.1% less), machine building industry some 1.021 billion kWh (9.9% more), chemical and petrochemical some 1.094 billion kWh (9.5% more), food and processing some 1.055 billion kWh (1.3% less), building materials some 532.5 million kWh (8.3% more), others some 1.376 billion kWh (4.6% more).
In addition, agricultural enterprises consumed 897.2 million kWh (6.1% more), transport some 1.662 billion kWh (1.8% less), developers some 329.9 million kWh (18% more).
In January-March 2021, the country’s population consumed 11.291 billion kWh (10.3% more), households some 4.217 billion kWh (3.2% more), other non-industrial consumers some 2.355 billion kWh (11% more).
According to the results of the first three months, the share of industry in the total volume of electricity consumption decreased from 39.3% to 38.4%, while the share of the population increased from 32.2% to 33.5%.
In March 2021, electricity consumption, taking into account in-process losses, increased by 10.3% (by 1.306 billion kWh) compared to the same months of 2020, to 13.997 billion kWh, excluding in-process losses, by 10% (by 1.018 billion kWh), to 11.168 billion kWh.

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UKRAINE INCREASES ELECTRICITY CONSUMPTION IN JAN

Electricity consumption in Ukraine, taking into account in-process losses in power grids, increased 3.7% in January 2021 compared to January 2020, to 14.484 billion kWh, the Ministry of Energy has told Interfax-Ukraine.
Excluding in-process losses electricity consumption in January 2021 grew by 5.8%, to 11.662 billion kWh.
The country’s industry, excluding in-process losses, boosted electricity consumption by 5.2%, to 4.403 billion kWh. In particular, metallurgical industry consumed 2.349 billion kWh (1.6% more compared to January 2020), fuel industry some 296.8 million kWh (1% more), machine building industry some 349.5 million kWh (13.7% more), chemical and petrochemical some 380.3 million (14.4% more), food and processing some 365.5 million kWh (2.5% more), building materials some 190.9 million kWh (26.4% more), others some 471.3 million kWh (8.6% more).
In addition, agricultural enterprises consumed 332.6 million kWh (11.1% more), transport some 572.3 million kWh (5.2% less), developers some 107.1 million kWh (10.4% more).
In January 2021, the country’s population consumed 3.954 billion kWh (8.3% more), households some 1.517 billion kWh (5% more) and other non-industrial consumers some 776.4 million kWh (4.3% more).
The share of industry in total electricity consumption in January 2021 fell to 37.8% from 38%, while the share of the population grew to 33.9% from 33.1%.

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UKRAINIAN ENTERPRISES IN 2020 INCREASE CONSUMPTION OF ROLLED METAL

Ukrainian enterprises in 2020 increased the consumption of rolled metal by 4.4% compared to the previous year, to 4.904 million tonnes.
According to a press release from the Ukrmetalurgprom association, in 2020, some 1.228 million tonnes, or 25.4% of the domestic market for the consumption of rolled metal were imported.
“For the period January-December 2020, the capacity of the domestic market amounted to 4.904 million tonnes of rolled metal, of which 1.228 million tonnes, or 25.4%, accounted for imports. For the same period of 2019, the capacity of the domestic market was 4.697 million tonnes, of which 1.419 million tonnes, or 30.2%, were imported. Thus, for the 12 months of 2020, there is an increase in the capacity of the domestic market of rolled metal by 4.4% compared to January-December 2019, with a simultaneous a decrease in the import share by 5.2%,” the press release said.
In addition, it is reported that the import structure of 2020 is characterized by the domination of flat-rolled products over long products (55.84% and 42.93%, respectively), which is almost equal to the import structure in 2019 (some 55.21% and 41.87%, respectively).
According to Ukrmetalurgprom, in 2020, Ukrainian metallurgical enterprises produced 18.43 million tonnes of rolled metal (101.2% compared to 2019), of which, according to ETR-Spectr LLC, about 14.75 million tonnes or 80% were exported. In 2019, the export share was 82% (some 14.94 million tonnes with a total production of 18.21 million tonnes of rolled metal).
The share of semi-finished products in export deliveries in 2020 accounted for 50.77%, which is slightly higher than in 2019 (some 47.18%). Share of flat-rolled products in export deliveries in 2020 is almost equal to the indicator of 2019 (some 32.51% and 32.80% respectively). The share of long products in export deliveries last year is noticeably lower to the 2019 indicator (16.71% in 2020 versus 20.02% in 2019).
According to ETR-Spectr LLC, the main export markets for Ukrainian metal products in 2020 were the European Union (28.5%), other European countries (14.5%) and Asian countries (14.2%).
Among metallurgical importers in 2020 the first place is occupied by the CIS countries (38.5%), the second is the EU-28 (24.5%), and the third is Asian countries (20.5%).

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