Business news from Ukraine

ASCANIA-PACK REDUCES HONEY EXPORT

Ascania-Pack, part of the multi-profile Ukrainian holding Ascania, in January-November 2019 reduced production and export of honey by 20% compared to the same period last year, to 5,200 tonnes due to export of packaged honey and the uncertainty of prices, development director of Ascania-Pack Viktor Ivanchenko has said.
“For 11 months of 2018, the company exported and actually produced 6,500 tonnes of honey, for the same period in 2019 some 5,200 tonnes. The reduction in volumes was due to uncertain prices and export prospects in the second half of the year. We did not know whether the price will grow or fall, but we didn’t want to play roulette. In addition, we focused on export of packaged honey. From the point of view of added value, this is much more interesting,” he said.
Ivanchenko noted that over the 11 months of this year, Ascania-Pack exported three times more packaged honey compared to the entire last year and plans to increase these volumes both in the domestic and foreign markets.
“We have determined for ourselves the volume of bulk exports, which is sufficient for us. Now we focus on the sale of packaged honey in the domestic market and on export. Today we export more packaged honey than we sell in the domestic market. This year we we’ll export about 130 tonnes of packaged honey. But we would like the share of packaged honey to be at least 25%, and then 50% of the total production,” he said.
Ascania-Pack supplies packaged honey to 14 countries in Europe, Asia, the United States, and Canada and is constantly working on expanding its export geography. In addition, the company received Halal certificate in 2018 and plans to receive Kosher next year.

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UKRAINIAN FOREIGN TRADE TURNOVER IN JAN-SEPT 2019 (EXPORT)

Ukrainian foreign trade turnover in Jan-Sept 2019 (export)

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MAIN TRADE PARTNERS OF UKRAINE IN % FROM TOTAL VOLUME (EXPORT FROM UKRAINE TO OTHER COUNTRIES) IN JAN-SEPT 2019

Main trade partners of Ukraine in % from total volume (export from Ukraine to other countries) in Jan-Sept 2019

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UKRAINE EXPORTS 26 MLN TONNES OF GRAIN DURING CURRENT MARKETING YEAR

Ukraine since the beginning of the agricultural year 2019/2020 (July-June) and as of December 6, 2019 had exported 26 million tonnes of grain and leguminous crops, which is 35.3% more than on the same time in the past agri-year. According to the information and analytical portal of the agro-industrial complex of Ukraine, the country has currently exported 13.73 million tonnes of wheat, 8.44 million tonnes of corn, and 3.51 million tonnes of barley.
As of December 6 of this year, 160,600 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 agri-year exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous agri-year.

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UKRAINE EXPORTS 24.8 MLN TONNES OF GRAIN SINCE START OF MARKETING YEAR

Ukraine since the beginning of the marketing year 2019/2020 (MY, July-June) and as of December 2, 2019 had exported 24.81 million tonnes of grain and leguminous crops, which is 32% more than on the same time in the past MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, the country has currently exported 13.47 million tonnes of wheat, 7.52 million tonnes of corn, and 3.5 million tonnes of barley.
As of December 2 of this year, 156,500 tonnes of flour had been also exported.
As reported, Ukraine in the 2018/2019 MY exported a record 50.4 million tonnes of grain, legumes and flour, which is 23% more than in the previous MY.

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BELARUS PLANS TO DOUBLE ELECTRICITY EXPORT, UKRAINE IS PREMIUM MARKET

Belarus will export about 2 billion kWh of electricity in 2019, which is almost two times more than in 2018, Deputy Minister of Energy of Belarus Vadim Zakrevsky told reporters in Minsk on Wednesday. “According to the results of the year, the total volume of electricity export can reach 2 billion kWh. In the past, it was about 1 billion kWh. Export could theoretically grow up to 4 billion kWh,” Zakrevsky said.
According to him, this year electricity is exported to the Baltic countries and Ukraine. At the same time, the deputy minister said that Ukraine is a premium market for Belarus in comparison with the Baltic. “The advantage of the benefits in supplying electricity to Ukraine compared to the Baltic is enormous. It is 80 to 20. Now there is such a price for Belarusian energy that it is beneficial for Ukrainians. Belarus does not dump and sells with profit,” the deputy minister said.

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