Business news from Ukraine

Business news from Ukraine

Ukraine exported more than 5 million tons of grain crops – Ministry of Agrarian Policy

Since the beginning of the 2022/2023 marketing year (MY, July-June), Ukraine has exported 5.29 million tons of grain crops, including 3.17 million tons of corn (60% of total supplies), 1.65 million tons of wheat (31%) and 447 thousand tons of barley (8%).
As reported on the website of the Ministry of Agrarian Policy and Food on Friday, since the beginning of the current marketing year, the rate of grain exports has been 1.94 times lower than the same period last year (10.29 million tons were exported from July 1 to September 9, 2021).
At the same time, according to the agency, from August 31 to September 9, 1.33 million tons of grain crops were delivered to foreign markets (147.8 thousand tons daily), while for the previous period, August 26-31 – 550 thousand tons grain crops (110 thousand tons daily), on August 19-26 – 430 thousand tons of grain crops (61.4 thousand tons daily), and on August 11-19 – 770 thousand tons (96.2 thousand tons daily ). Thus, the average daily export rates over the past nine days increased by a third compared to the previous period and reached the maximum value since the beginning of the MY.
In general, from the beginning of 2022/2023 MY and until September 9, 2022, Ukraine exported 1.65 million tons of wheat (3.6 times less compared to the same date in 2021/2022 MY), 447 thousand tons of barley (6.7 times less), 0.8 thousand tons of rye (18 times less) and 15.6 thousand tons of flour (1.7 times less). However, the pace of corn exports exceeded last year’s volumes – 3.17 million tons were exported, which is 2.37 times higher than in 2021/2022 MY.
In total, for the period August 31-September 9, 680 thousand tons of corn, 510 thousand tons of wheat, 137 thousand tons of barley, 0.3 thousand tons of rye and 3.7 thousand tons of flour were delivered to foreign markets.
As reported, in MY 2021/2022, Ukraine exported 48.51 million tons of grains and legumes, which is 8.4% higher than in the previous marketing year, despite the full-scale invasion of the Russian Federation and difficulties with the export of agricultural products due to the blockade of Ukrainian seaports. 18.74 million tons of wheat were delivered to foreign markets (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%).
In 2020/2021 MY, the country 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 MY, Ukraine exported 56.72 million tons of grain and leguminous crops.

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Foreign trade turnover by the most important positions in Jan-May 2022 (export)

Foreign trade turnover by the most important positions in Jan-May 2022 (export)

SSC of Ukraine

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Ukraine completely banns export of coal

At a meeting on Wednesday, the Cabinet of Ministers completely banned the export of Ukrainian coal, Taras Melnychuk, a representative of the government in the Verkhovna Rada, said in his Telegram channel.
“Changes have been made to the volume of quotas for goods whose export is subject to licensing, approved by Resolution of the Cabinet of Ministers of December 29, 2021 No. 1424, in terms of a complete ban on the export of coal of Ukrainian origin,” Melnychuk wrote.
Earlier, the Cabinet of Ministers, by Resolution No. 666 of June 10, 2022, made similar changes to Resolution No. 1424 of December 29, 2021, setting zero quotas and thereby banning the export of natural gas, fuel oil, as well as hard coal, anthracite, briquettes, pellets and similar types of solid fuels obtained from hard coal, except for coking coal.
According to the State Customs Service, since the beginning of 2022, Ukraine’s coal exports amounted to 450.6 thousand tons for $145.917 million, incl. to Slovakia – by $93.349 million, Poland – by $34.084 million, Hungary – by $15.919 million, other countries – by $2.565 million.
In January-July 2021, exports amounted to 0.2 thousand tons for $0.025 million.

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Export of poultry meat from Ukraine for 8 months decreased by 9.9%

In January-August 2022, Ukraine exported 265.5 thousand tons of poultry meat and offal, which is only 9.9% less than the figure for the same period in 2021, the Union of Poultry Breeders of Ukraine Association reported on the website.
At the same time, it is noted that in monetary terms, the export of these products for the specified period increased by 32.8% – up to $589.2 million. Such an increase in export earnings became possible due to an increase in prices in the traditional export markets of Ukrainian products, in particular the EU countries and the Middle East.
The largest importers of meat and edible poultry offal from Ukraine in August 2022 were Saudi Arabia (24%), the Netherlands (16%) and Slovakia (10%). According to the results of January-July, these countries became the largest consumers of Ukrainian poultry meat.
At the same time, the import of poultry meat to Ukraine for the same period amounted to 49.7 thousand tons, which is 36% less than for the same period in 2021. The entire volume came from EU countries, mainly from Poland.

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By August, Ukraine brought export of dairy products to pre-war level

Ukraine, in the context of a full-scale Russian military invasion in January-August 2022, exported 59.4 thousand tons of dairy products, which is comparable to last year.
As reported on the Facebook page of the association “Ukrainian Agrarian Business Club” (UCAB) on Monday, the supply of dairy products to foreign markets grew especially rapidly in August – up to 12.7 thousand tons, which is twice as high as in August 2021.
According to the UCAB, in August 2022, Ukraine exported 3.58 thousand tons of non-condensed milk and cream (a threefold increase compared to June), 3.26 thousand tons of condensed milk and cream (twice as much), 273 tons of butter dish (50% less), 2.53 thousand tons of whey (72% more), 2.14 thousand tons of butter (3.5 times more), 1 thousand tons of cheeses of all types (62% more more).
In addition, in the summer of 2022 (June-August), Ukraine exported 31.5 thousand tons of dairy products, which is 52% of actual exports for the eight months of this year, as well as 40% more than in the same period of 2021.
The largest importers of Ukrainian products for eight months of 2022 were Moldova – 4.4 thousand tons, Poland – 2.4 thousand tons, China – 900 tons.
As noted by UCAB, imports of dairy products to Ukraine are gradually declining. Thus, according to its data, 42.3 thousand tons were imported in eight months, which is 37% less than last year. In August, 5 thousand tons of dairy products were imported, of which the majority were cheeses of all kinds (3.1 thousand tons).
“In January-August, the foreign trade balance is passive and amounts to $2.3 million. If in September the export rates remain the same as in August, then the foreign trade balance may already be active and overall trade will be more positive for the industry,” – the association quotes the expert Maxim Gopka.
As reported, in May 2022, the Union of Dairy Enterprises of Ukraine association predicted that this year milk production would decrease by 13-16% – to 7.33-7.56 million tons from 8.73 million in 2021, the depth crisis in the industry will be determined by the development of hostilities.
It is expected that the average milk consumption in Ukraine per capita in 2022 will increase by 8% – from 212 kg in 2021 to 229 kg this year due to internal and external migration of the population.

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Export of agricultural products within framework of Black Sea Grain Initiative reached almost 1.8 million tons

The total tonnage of grain and other food products exported from three Ukrainian ports as part of the Black Sea Grain Initiative reached 1 million 766.53 thousand tons on September 2, the Joint Coordination Center (JCC) reported.
“A total of 160 flights are allowed: 86 inbound and 74 outbound,” his summary emphasizes.
In particular, on September 2, the SCC authorized the movement of eight vessels carrying a total of 196.29 thousand tons of agricultural products on Saturday.
Among them from the “Southern” port: MAINA in Tarragona (Spain) with 56.5 thousand tons of corn, CANOPUS in Jawaharlal Nehru (India) with 42 thousand tons of sunflower oil, SEA DOLPHIN in Amsterdam (Netherlands) with 31.1 thousand tons, LADY PERLA in Porto Marghera (Italy) with 20.5 thousand tons of corn.
From the port of “Chornomorsk”: BC CALLISTO to Damietta (Egypt) with 31.4 thousand tons of wheat, LADY EVA in Patras (Greece) with 6.12 thousand tons of wheat, SEALOCK to Mersin (Turkey) with 2.07 thousand tons. tons tons of peas, as well as SARA from Odesa to Tekirdag (Turkey) with 6.6 thousand tons.
Two more vessels whose planned departure on Friday was postponed are also expected to depart on Saturday-Sunday: MUBARIZ IBRAHIMOV from Odesa to Tekirdag (Turkey) with 6.6 thousand tons of sunflower oil and NORD VIRGO from “Pivdenny” to Juan (China) ) from 62.34 thousand tons of corn.
In addition, the SCC completed eight inspections of inbound vessels on September 2, and has nine inspections planned for Saturday: six inbound vessels and three outbound.
As reported, on July 22 in Istanbul, at the suggestion of the UN, Ukraine, Turkey and UN Secretary General Antonio Guterres signed an initiative on the safe transportation of grain and food products from the Ukrainian ports of Odesa, Chornomorsk and Pivdenny.

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