Ukrainian enterprises increased exports of ferrous scrap by 54.5% in January-October this year compared to the same period last year, up to 226,970 thousand tons from 146,927 thousand tons.
According to statistics released by the State Customs Service, 24.549 thousand tons of scrap were exported in October, 24.767 thousand tons in September, 28.425 thousand tons in August, and 24.425 thousand tons in July. tons, in July – 24,702 thousand tons, in June – 22,161 thousand tons, in May – 14,952 thousand tons, in April – 26,153 thousand tons, in March – 20,907 thousand tons, in February – 23,194 thousand tons, in January – 17,160 thousand tons.
In monetary terms, scrap exports increased by 70.7% to $71.862 million from $42.088 million.
In January-October, Ukraine exported scrap mainly to Poland (84.70%), Greece (11.53%) and Germany (3.40%).
For the first ten months of the year, the country imported 90 tons of scrap for $104 thousand, while in January-October 2023, 793 tons of scrap were imported for $301 thousand. Imports this year were carried out mainly from Turkey (68.27% in monetary terms), the British Virgin Islands (13.46%) and Panama (6.73%).
As reported, in 2023, Ukraine’s scrap collecting enterprise increased scrap exports from the country by 3.4 times compared to the previous year – up to 182,485 thousand tons from 53,557 thousand tons. In monetary terms, exports increased 2.74 times to $52.723 million from $19.271 million.
Earlier, Ukrmetallurgprom President Oleksandr Kalenkov stated in a column on the Interfax-Ukraine website that scrap is exported through the European Union, which has a preferential export duty of EUR3 per ton, and from there the raw materials are redirected to real customers. He noted that exporting raw materials directly to customers would cost EUR180 in export duties, and the Ukrainian budget has already lost UAH 350 million.
The head of Ukrmetallurgprom called for a temporary ban on the export of ferrous scrap to provide steelmakers with strategically important raw materials during the war. He also clarified that a ton of scrap metal processed into steel brings in 10 times more to the budget than the EU export duty, which is about $300 per ton.
In 2022, Ukraine reduced exports of ferrous scrap by 11.5 times compared to the previous year, to 53,557 thousand tons, and in monetary terms, it decreased by 12.4 times, to $19.271 million.
Ukrainian exports in January-September 2024 increased by 13.3% compared to the same period in 2023 to $30.7 billion, while imports increased by 9.9% to $51.2 billion, the State Customs Service reported.
“At the same time, taxable imports amounted to $42.5 billion, which is 83% of the total volume of imported goods. The tax burden per 1 kg of imports in January-September 2024 amounted to $0.5/kg, which is 8% more than in the same period in 2023,” the statistics are available on the website of the State Customs Service.
According to the published data, most of the goods were exported to Poland – for $3.6 billion, Spain – for $2.1 billion, and Germany – for $2.1 billion.
Goods were most often imported to Ukraine from China – for $10.3 billion, Poland – for $5 billion, and Germany – for $3.9 billion.
In January-September 2024, 65% of the total volume of goods imported were machinery, equipment and transport – worth $17.7 billion (UAH 125.7 billion, or 30% of customs revenues, was paid to the budget), chemical products – $8.8 billion (UAH 65.2 billion, or 15% of revenues), and fuel and energy products – $6.8 billion (UAH 111.7 billion, or 26% of customs revenues).
The top three most frequently exported goods from Ukraine are food products worth $17.9 billion, metals and metal products worth $3.4 billion, and machinery, equipment, and transport worth $2.5 billion.
As summarized by the State Customs Service, in the first nine months of 2024, UAH 217.9 million was paid to the budget during customs clearance of exports of goods subject to export duties.
In January-August this year, Ukrainian companies increased imports of copper and copper products by 20.1% in value terms compared to the same period last year, to $92.824 million.
According to customs statistics released by the State Customs Service of Ukraine on Friday, exports of copper and copper products increased by 16% to $58.224 million over the period under review.
In August, copper was imported for $8.304 million and exported for $8.878 million.
In addition, in January-August 2024, Ukraine increased imports of nickel and products by 68.5% compared to the same period in 2023 to $18.6 million (in August – $1.620 million), aluminum and aluminum products by 20% to $292.701 million (in August – $42.649 million).
At the same time, the country reduced imports of lead and lead products by 14.8% to $615 thousand (in August – $5 thousand), imports of tin and tin products increased by 7.8% to $1.842 million (in August – $307 thousand), and increased imports of zinc and zinc products by 32.9% to $38.242 million (in August – $4.882 million).
Exports of aluminum and aluminum products in the first eight months of 2024 increased by 31.1% compared to the same period a year earlier to $82.966 million (in August – $11.901 million), lead and lead products decreased by 25.9% to $7.315 million (in August – $823 thousand), nickel and nickel products amounted to $508 thousand (in August – $85 thousand), while in January-August 2023 it was $201 thousand.
Zinc exports for the first eight months of this year amounted to $201 thousand (in August – $79 thousand), while in January-August 2023 it was $88 thousand. Exports of tin and products amounted to $344 thousand (in August – $2 thousand) against $53 thousand in the same period a year earlier.
As reported, in 2023, Ukraine increased imports of copper and copper products by 2.2 times compared to 2022 – up to $140.795 million, while exports decreased by 20.1% to $72.078 million.
In addition, in 2023, Ukraine decreased imports of nickel and products by 74.2% compared to 2022, to $15.391 million, and increased imports of aluminum and aluminum products by 7.7%, to $366.463 million.
At the same time, imports of lead and lead products decreased by 65.2% to $989 thousand, tin and tin products by 23% to $2.728 million, but imports of zinc and zinc products increased by 18.8% to $45.966 million.
Exports of aluminum and aluminum products in 2023 increased by 0.7% compared to 2022 to $97.616 million, lead and lead products increased by 23.5% to $14.778 million, and nickel and nickel products amounted to $532 thousand, while in 2022 it was $1.268 million.
In 2023, the company exported $130 thousand worth of zinc, compared to $1.331 million in 2022. Exports of tin and tin products amounted to $159 thousand against $424 thousand in 2022.
Exports of goods from Ukraine in June 2024 decreased by 7% compared to a year earlier and amounted to $2.77 billion, the lowest figure since the beginning of this year, the Institute for Economic Research and Policy Consulting (IER) reported on Tuesday.
According to the IER’s monitoring of foreign trade, exports of agricultural products decreased by 2% to $1.60 billion, but exports of its components developed differently: corn exports increased by 12% (21% in physical terms), while exports of wheat and oil decreased by 32% and 5%, respectively.
In June, exports of metallurgy products fell by over 9% y-o-y to $355 m. The IER believes that this likely reflected higher energy costs and a change in the structure of exports: exports of pig iron and certain types of rolled products decreased, while exports of semi-finished and other products increased.
In addition, exports of mineral products, primarily iron ore, increased by 33%, but were lower than in January-April 2024.
The IER emphasized that due to the resumption of exports from Odesa ports, the volume of iron ore exports in tons increased by 87% in June, although it was lower than in previous months due to a shortage of electricity.
Exports of mineral products grew by only 33%.
As for imports, they remained almost unchanged in June compared to May, but increased by 12% to $5.63 billion by the same period in 2023.
In terms of sectors, imports of machinery and equipment increased by almost 20% year-on-year in June 2024 (especially imports of drones, batteries, and generators), while imports of cars decreased slightly in dollar terms due to lower import prices.
Imports of energy products increased by 16% yoy due to higher imports of coke and coal, likely to meet the needs of the metallurgy sector, which increased steel production.
At the same time, imports of chemicals and food products decreased.
It is noted that the greatest impact was the growth of imports of “other goods” (primarily purchased for the needs of the Armed Forces) – under this category, goods worth $752 million were imported to Ukraine ($400 million in the previous months of the year).
As explained by the IER, the shortage of electricity led to an increase in its imports – from $6 million in June 2023 to $78 million in June 2024, as well as batteries – from $18 million a year earlier to $68 million in June 2024.
Ovostar Union, one of the leading producers of eggs and egg products in Ukraine, increased its total number of chickens by 4.1% to 7.6 million in January-June 2024, while the number of laying hens decreased by 4.6% to 6.2 million compared to the same period in 2023.
According to a report on the Warsaw Stock Exchange, the group reduced the volume of eggs produced by 4% to 706 million in the first half of 2024, while sales decreased by 9.4% to 433 million compared to the same period last year.
Export sales of eggs decreased by 18.3% to 170 mln, accounting for 39% of the total number of eggs sold in the first half of 2024, while a year earlier this figure was 43%.
“Ovostar Union increased egg processing by 28% to 274 million in the first half of 2024. The company produced 1,170 tons of dry egg products and 7,040 tons of liquid egg products. A year earlier, the figures were 1,050 tons and 6,232 tons, respectively.
Sales of dry egg products amounted to 1,116 tons, down 8.4% year-on-year, of which 833 tons, or 75%, were exported. A year earlier, the figures were 878 tons and 72%, respectively. Sales volume of liquid egg products increased by 14.5% to 6,967 tons, of which export sales amounted to 2,506 tons or 36%. A year earlier, these figures amounted to 2,801 tons and 46%, respectively.
“In the first half of 2024, the Group’s companies continued to be under constant pressure from the ongoing hostilities in Ukraine. Despite numerous unfavorable factors that affected the group’s operations in the reporting period, such as destabilization of production processes due to prolonged power outages, complications in domestic and international logistics, volatility in both purchase prices for the main components of feed and sales prices for manufactured products, the group managed to maintain production and sales of eggs and egg products at the level of the previous year, which we consider a satisfactory operating result,” the press service emphasized.
In January-June this year, Ukraine increased exports of carbon steel semi-finished products in physical terms by 61.6% year-on-year to 888,016 thousand tons.
According to statistics released by the State Customs Service (SCS) on Tuesday, exports of carbon steel semi-finished products increased by 47.3% to $439.909 million in monetary terms.
The main exports were made to Bulgaria (35.49% of supplies in monetary terms), Poland (11.74%) and Italy (8.56%).
In January-June 2024, Ukraine imported 5 tons of semi-finished products from Egypt for $5 thousand, while in January-June 2023, it imported 72 tons of semi-finished products from China for $133 thousand.
As reported, in 2023, Ukraine decreased exports of carbon steel semi-finished products in physical terms by 36.7% compared to 2022, to 1 million 203.454 thousand tons, while exports in monetary terms decreased by 48.9% to $608.516 million. The main exports were made to Bulgaria (36.66% of supplies in monetary terms), Poland (23.01%), and Italy (9.60%).
In addition, in 2023, Ukraine imported 96 tons of semi-finished products from China (98.26%) and Turkey (1.74%) for $172 thousand.
