Ukraine in January this year increased the export of ferroalloys in kind by 33.6% compared to the same period last year, to 55,900 tonnes.
According to statistics released by the State Customs Service, in monetary terms, the export of ferroalloys dropped by 35.5% to $51.573 million.
At the same time, the major exports were to Poland (57.25% of supplies in monetary terms), China (10.39%) and Turkey (7.37%).
In addition, in January, Ukraine imported 402 tonnes of these products, which is 96.3% less compared to January 2022. In monetary terms, imports fell by 84.6% to $1.657 million.
Ferroalloys were mainly imported from China (27.68%), Armenia (18.03%) and Slovakia (14.54%).
Metallurgical enterprises of Ukraine in January this year reduced revenues from ferrous metals exports 6.2 times compared to the same period last year – to $165.690m.
According to the statistics released by the State Customs Service (SCS), ferrous metals accounted for 5.29% of total revenues from the export of goods during this period against 17.01% in January-2022.
At the same time, Ukraine reduced imports of similar products by 50% to $68.593 million in January this year.
In addition, Ukraine reduced exports of metal products by 48.8% to $62.127 million in January, while imports of metal products decreased by 35.2% – to $51.263 million.
As reported, metallurgical enterprises of Ukraine in 2022, revenues from exports of ferrous metals decreased by 67.5% compared to 2021 – to $4 billion 533.088 million – ferrous metals during this period amounted to 10.26% of total revenues from the export of goods against 20.49% in 2021. In December 2022, the proceeds from exports of ferrous metals amounted to $173.944 million, while in November – $205.647 million.
At the same time, last year, Ukraine reduced imports of similar products by 38.3% – to $954.387 million. In December, it was imported by $89.275 million.
In addition, in 2022, Ukraine reduced exports of metal products by 18.6% – to $ 1 billion 52.512 million, in December, they were delivered for $ 69.285 million.
Imports of metal products last year decreased by 42.9% – to $643.162 million (in December – $67.705 million).
Mining companies in Ukraine in January this year, reduced the export of iron ore raw materials (iron ore) in physical terms by 75.9% compared to the same period last year – up to 927.433 thousand tons.
According to the statistics, released by the State Customs Service (SCS), during this period, foreign currency revenues from exports of iron ore decreased by 67% to $110.857 million.
Exports of iron ore products were mainly to Slovakia (28.65% of supplies in monetary terms), the Czech Republic (28.55%) and Austria (20.06%).
Last month Ukraine imported iron ore products for $1 thousand in the total amount of 2 tons, whereas in January-2021 there were imported also $1 thousand in the amount of 1 thousand tons. Imports in January-2023 were from Italy (100%).
As reported, in 2022, Ukraine reduced exports of iron ore products in physical terms by 45.9% compared to the previous year – up to 23 million 984.623 thousand tons, foreign exchange earnings decreased by 57.8% to $2 billion 912.974 million.
Exports of iron ore products was carried out mainly to Slovakia (19.23% in monetary terms), Czech Republic (17.32%) and Poland (16.49%).
Last year Ukraine imported iron ore to the amount of $65 thousand in total 101 tons, while in 2021 – $184 thousand in the amount of 1.202 tons.
Imports were carried out from Norway (36.92%), the Netherlands (27.69%) and the UK (16.92%).
Ukraine from the beginning of 2022/2023 marketing year (July-June) to February 13, exported 29.16 million tons of cereals, including 16.72 million tons of corn (57.3% of total supplies), 10.39 million tons of wheat (35.6%) and 1.94 million tons of barley (6.7%).
As reported on the website of the Ministry of Agrarian Policy and Food on Monday, the rate of grain exports since the beginning of this year is by 28.65% lower than during the same period of the previous year, when 40.81 million tons were shipped abroad. At that, as of February 13, the highest average daily export rate for the current MY was achieved, while the previous lowest lag from the last year’s figure was reached on January 9 – “minus” 29.61%.
According to the Ministry, Ukraine exported 16.72 million tons of corn (-3.7% compared to the same period last year), 10.39 million tons of wheat (1.69 times less), 1.94 million tons of barley (2.84 times less), 13.4 thousand tons of rye (11.8 times less) and 89.5 thousand tons of flour (+38.1%) from the beginning of 2022/2023 MY to February 13 this year.
It is specified that Ukraine exported 2.19 million tons of grain since early February, including 1.4 million tons of corn, 653 thousand tons of wheat, 126 thousand tons of barley, 7,100 tons of flour and 1 thousand tons of rye.
As follows from the Ministry data, during the period of February 3-13, an average of 170.7 thousand tons of cereals per day were supplied to foreign markets, whereas during the preceding period of January 27 – February 3 – 209.4 thousand tons of cereals per day, January 20-27 – 121.1 thousand tons per day, January 9-20 – 140 thousand tons per day, and January 2-9 – 121.7 thousand tons per day. Thus, the average daily rate of exports during the reporting period of 3-13 February decreased by 18.5% compared to the previous period January 27-February 3.
As reported, Ukraine exported 48.51 million tons of grain and leguminous crops in 2021/2022 MY, which is 8.4% higher than in the previous MY, despite the full-scale invasion of Russia and the difficulties with the export of agricultural products due to the blockade of Ukrainian sea ports. 18.74 million tons of wheat (12.6% more than in 2020/2021MY), 23.54 million tons of corn (+1.9%), 5.75 million tons of barley (+35.9%), 70.9 thousand tons of flour (-44.1%) were supplied to foreign markets.
Ukraine in 2020/2021 MY exported 44.72 million tons of grain and leguminous crops: 16.64 million tons of wheat, 23.08 million tons of corn, 4.23 million tons of barley, 126.9 thousand tons of flour and 18.4 thousand tons of rye.
In 2019/2020, Ukraine exported 56.72 million tons of grain and leguminous crops.
In its February report, the U.S. Department of Agriculture (USDA) raised its forecast for corn exports from Ukraine in 2022/2023 marketing year (MY, July-June) by 2 million tons, compared to January data, to 22.5 million tons from 20.5 million tons, and wheat exports by 0.5 million tons, to 13.5 million tons from 13 million tons.
According to a report on the U.S. Department of Agriculture website Thursday, the forecast for corn production in the current MY is maintained at 27 million tons and wheat at 21 million tons.
Also in the February forecast, the estimate of transitional corn balances in Ukraine at the end of 2022/2023 MY was reduced by 2 million tons to 3.39 million tons from 5.39 million tons, and by 0.5 million tons for wheat to 4.21 million tons from 4.71 million tons.
At the same time, the estimate of domestic consumption of corn in Ukraine in 2022/2023 MY remained at 5 million tons, and wheat – 4 million tons.
In general, the forecast of feed grain exports in Ukraine in 2022/23 MY in the February forecast was increased by 2 million tons – to 24.93 million tons from 22.93 million tons in January, and the forecast of its production was kept at 34.16 million tons.
As reported, Ukrainian agrarians by February 3, 2023 harvested 78.93 million tons of major crops from 18.46 million hectares, including 53.2 million tons of grain and leguminous crops. Wheat in 2022 harvested 20.2 million tons from 5 million hectares, and corn – 25.9 million tons from 3.9 million hectares.
Ukraine from the beginning of 2022/2023 MY to February 3, exported 27.46 million tons of crops, which is 29.8% less than the same period of the previous MY. External markets supplied 15.68 million tons of corn (-2.1% compared to the same period last year), 9.84 million tons of wheat (1.75 times less), 1.83 million tons of barley (3 times less), 12.8 thousand tons of rye (12.3 times less) and 85 tons of flour (+33%).
KSG Agro holding by the beginning of March 2023 intends to export to Asia and Africa 7 thousand tons of cereals, which will be shipped through the ports of Odessa and Odessa region in the “grain corridor”.
As reported in a press release from the group of companies in January-February 2023 at the ports of Odessa and Odessa region has already delivered more than half of the planned exports of agricultural products.
It is specified that the batch of crops consists of 4 thousand tons of wheat, 2 thousand tons of barley and 1 thousand tons of corn.
“Export of grain crops for us is not only a diversification of sales, but also a contribution to global food security. With the effective and safe operation of the “grain corridor” we are planning to continue exporting our products”, – the words of the head of the board of directors of the holding Sergey Kasyanov are given in the report.
Vertically integrated holding KSG Agro is engaged in pig breeding, as well as the production, storage, processing and sale of grain and oilseeds. Its land bank is about 21,000 hectares.
According to the agricultural holding, it is one of the top five pork producers in Ukraine.
KSG Agro in 2021 increased its net profit by 16 times compared to 2020 – up to $20.27 million, revenue – by 44% to $30.75 million, while increasing EBITDA by half – to $12.28 million.
