Business news from Ukraine

Business news from Ukraine

Ukraine reduced exports of titanium ores by 96.3%

In January-September this year, Ukraine reduced exports of titanium ores and concentrate in physical terms by 96.3% compared to the same period last year, to 9,033 thousand tons.

According to statistics released by the State Customs Service, exports of titanium ores and concentrate decreased by 84.7% to $15.104 million in monetary terms.

The main exports were to Turkey (36.06% of supplies in monetary terms), Japan (21.25%) and India (6.75%).

During the period, Ukraine imported 1 ton of such ore from the Netherlands for $2 thousand.

As reported, in 2022, Ukraine reduced exports of titanium ore and concentrate in physical terms by 41.8% compared to the previous year to 322.143 thousand tons, and in monetary terms by 19.6% to $130.144 million. At the same time, the main exports were made to the Czech Republic (47.91% of supplies in monetary terms), the United States (11.94%) and Romania (9.75%).

In 2022, Ukraine imported 196 tons of similar products from Senegal (70.41%) and Turkey (29.59%) for $115 thousand.

In Ukraine, titanium ores are currently mined mainly by the United Mining and Chemical Company (UMCC), which manages Vilnohirsk Mining and Metallurgical Plant (VGMK, Dnipro region) and Irshansk Mining and Metallurgical Plant (Irshansk, Dnipro region). ) and Irshansk Mining and Processing Plant (IGOK, Zhytomyr region), as well as Mezhirichinsky GOK and Valky Ilmenite (both based in Irshansk, Zhytomyr region).

In addition, Velta (Dnipro) has built a mining and processing plant at Birzulivske deposit with a capacity of 240 thousand tons of ilmenite concentrate per year.

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Ukraine reduced exports of dairy products by 9.7%

In the first nine months of this year, Ukraine reduced the turnover of dairy products by 9.7% compared to the same period last year – from $353.4 million to $318.8 million, the press service of the Union of Dairy Enterprises of Ukraine (UDEP) reported.

According to the published data, the volume of dairy exports decreased by 23.5% in monetary terms to $140.2 million compared to $183.5 in January-September 2022. The business association attributes this decline to the price factor. At the same time, imports increased by 5.2% – from $169.9 million to $178.6 million.

The UMSU noted that the export-import balance for the reporting period was negative – $38.3 million, while for the same period last year it was positive – $13.6 million.

“Of all the exported products, the positive balance was maintained in the trade of butter, as well as milk and cream, both condensed and non-condensed. Exports of other dairy products, such as fermented milk, whey, and all types of cheese, declined significantly. The situation in cheese trade is even worse. Although their exports increased slightly compared to last year, imports grew significantly more, and the balance worsened accordingly,” the association stated.

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Ukraine will export poultry meat to Kuwait

The State Service of Ukraine for Food Safety and Consumer Protection (SSUFSCP) in cooperation with the Ministry of Foreign Affairs has opened a new market in Kuwait for Ukrainian producers of poultry meat and poultry products, the press service of the agency reported.

According to the report, the relevant form of international certificate is published on the official web portal of the State Service of Ukraine for Food Safety and Consumer Protection in the section “International Cooperation”, in the section “Veterinary and Safety”, in the subsection “Certificates for Export from Ukraine”, as well as in the section “Requirements of the countries of the world”.

The State Service of Ukraine on Food Safety and Consumer Protection emphasized that the market operator is responsible for food safety and compliance with the requirements of the country of destination, while state supervision and control is a function and competence of the State Service of Ukraine on Food Safety and Consumer Protection.

The first step for exporting food products is a request from the market operator to the territorial body of the State Service of Ukraine for Food Safety and Consumer Protection at the location of the facilities, the agency explained.

As reported, the markets of Azerbaijan and North Macedonia have already been opened for Ukrainian livestock products in 2023.

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Ukraine exported 41 thsd tonnes of new crop barley

Ukraine exported 41 thsd tonnes of barley of the new harvest due to the intensification of the work of Odesa ports, but the main demand is demonstrated by the domestic market. This was discussed on October 24 during the weekly briefing, according to the analytical cooperative “Start”, created within the framework of the All-Ukrainian Agrarian Council (AAC).

“Export demand for barley has intensified. In Odesa, the demand for barley with certification for deliveries to China at the price of about 118-120 USD/ton is recorded. These prices are announced for delivery to Odesa by November 10. As of November, 50 thsd tonnes of barley have already been sold for delivery to China. Therefore, we can expect further movement of the grain through Odesa ports. There will not be a big price increase, but the prices may rise by $5/ton,” the experts said.

According to their information, the Danube ports are not trading barley yet. Although the indicative price is 125-130 USD/ton, there is no real movement. Higher liquidity is recorded at the western borders (CPO) – 135-140 USD/ton on DAP terms, but the demand in this direction is low.

“The main demand is focused on the domestic market, with the main buyers of barley being the processing plants. So far, the purchase prices are at the level of 4500-4800 UAH/ton, no significant changes are expected in the coming weeks,” the UGA summarized.

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Ukraine decreased exports of semi-finished carbon steel products by 44.5% in real terms

In January-September this year, Ukraine reduced exports of semi-finished carbon steel products in physical terms by 44.5% year-on-year to 924,463 thousand tons.

According to the statistics released by the State Customs Service (SCS), exports of carbon steel semi-finished products amounted to $476.690 million in monetary terms over the period (down 54.8%).

The main exports were to Bulgaria (35.56% of supplies in monetary terms), Poland (26.50%) and Italy (9.88%).

In January-September, Ukraine imported 92 tons of semi-finished products from China worth $169 thousand, while no imports were made in September.

As reported, in 2022, Ukraine decreased exports of carbon steel semi-finished products in physical terms by 72% compared to the previous year – to 1 million 899.729 thousand tons, and in monetary terms by 70.9% – to $1 billion 191.279 million. The main exports were made to Bulgaria (26.55% of supplies in monetary terms), Poland (13.97%) and Italy (12.13%).

In addition, Ukraine imported 5,558 thousand tons of similar products in 2022, which is 85.7% less than in 2021. In monetary terms, imports decreased by 86% to $3.634 million. Imports were carried out from the Russian Federation (96.92% of supplies before the war), China (1.84%), and Romania (1.21%).

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Ukrainian mining companies reduced iron ore exports by 40.8% in real terms

In January-September this year, Ukrainian mining companies reduced exports of iron ore by 40.8% in physical terms compared to the same period last year, to 12 million 644.570 thousand tons.

According to the statistics released by the State Customs Service (SCS), foreign exchange earnings from iron ore exports amounted to $1 billion 323.212 million (down 50.4%) in the period under review.

Iron ore was exported mainly to Slovakia (29.33% of supplies in monetary terms), the Czech Republic (22.58%) and Poland (19.83%).

In January-September of this year, Ukraine imported iron ore worth $86 thousand in the total amount of 126 tons. Imports during this period were made from Norway (41.18%), Italy (34.12%) and the Netherlands (23.53%). At the same time, in the same period of 2022, iron ore worth $27 thousand was imported in a total volume of 49 tons.

As reported, in 2022, Ukraine decreased the export of iron ore in physical terms by 45.9% compared to 2021 – to 23 million 984.623 thousand tons, while foreign exchange earnings decreased by 57.8% to $2 billion 912.974 million.

Iron ore was exported mainly to Slovakia (19.23% of supplies in monetary terms), the Czech Republic (17.32%) and Poland (16.49%).

Last year, Ukraine imported iron ore worth $65 thousand in a total volume of 101 tons, while in 2021 – $184 thousand in a volume of 1,202 thousand tons.

Imports were carried out from Norway (36.92%), the Netherlands (27.69%) and the UK (16.92%).

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