In a March report, the U.S. Department of Agriculture (USDA) increased its forecast for corn exports from Ukraine in the 2022/2023 marketing year (MY, July-June) by 1 million tons from February data to 23.5 million tons from 22.5 million tons, while for wheat it kept its estimate at 13.5 million tons.
The U.S. Department of Agriculture said in a report on its website Thursday that its forecast for corn production for the current MY is maintained at 27 million tons and wheat at 21 million tons.
Also in the March forecast, the estimate of transitional corn balances in Ukraine at the end of 2022/2023 MY was reduced by 1 million tons to 2.39 million tons from 3.39 million tons, and by 0.04 million tons for wheat to 4.17 million tons from 4.21 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 fodder grain exports in Ukraine in 2022/23 MY in the March forecast was increased by 1.1 million tons – to 26.03 million tons from 24.93 million tons in February, and the forecast of its production was kept at 34.16 million tons.
Since the beginning of 2022/2023 marketing year (July-June) and until March 3, Ukraine exported 32.54 million tons of cereals, including 18.8 million tons of corn (-1% compared to the same period a year earlier), 11.38 million tons of wheat (1.58 times less), 2.06 million tons of barley (2.73 times less), 16.1 thousand tons of rye (10 times less) and 100.5 tons of flour (+47.8%).
Ukraine in January this year reduced the export of pig iron in physical terms by 29.6% compared to the same period last year – to 135.073 thousand tons.
According to statistics released by the State Customs Service (SCCS), exports of pig iron in monetary terms fell by 47.4% to $48.513 million for the period.
At that, exports were carried out mainly to Spain (38.10% of supplies in money terms), Poland (37.40%) and Italy (21.10%).
In the first month of the year, Ukraine did not import pig iron, as in January 2022.
As reported, Ukraine in 2022, Ukraine reduced the export of pig iron in volume terms by 59% compared to the previous year – up to 1 million 325.275 thousand tons, in monetary terms by 61.1% – to $638.774 million.
In 2022, Ukraine imported 40 tons of cast iron worth $23 thousand, while in 2021 – 185 tons of cast iron worth $226 thousand.
Exports were mainly to the United States (38.47% of supplies in monetary terms), Poland (32.91%) and Turkey (8.12%), and imports were from Germany (100%).
Ukraine in January this year reduced the export of titanium ores and concentrates in physical terms by 10.99 times compared to the same period last year – up to 2.066 thousand tons.
According to statistics released by the State Customs Service (SCS), exports of titanium ores and concentrates decreased 3.5 times in monetary terms – to $3.308 million.
At the same time, the main exports were shipped to Japan (72.22% in monetary terms), Egypt (13.94%) and Turkey (11.03%).
Ukraine in this period, as well as in January 2022, did not import these products.
As previously reported, in 2022, Ukraine reduced the export of titanium ore and concentrate in volume terms by 41.8% YoY – to 322.143 thousand tons, in monetary terms by 19.6% – to $130.144 million.
At the same time, the main export was carried out in the Czech Republic (47.91% in monetary terms), the U.S. (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, the titaniferous ores are currently mined mainly at the United Mining and Chemical Company PJSC (UMCP), which controls Volnogorsk Mining and Metallurgical Works (VMMC, Dnepropetrovsk Region) and Irshansk Mining and Processing Works (IGOK, Zhitomir Region), as well as at Mezhdurechensk Mining and Processing LLC and Valki-Ilmenite LLC (both Irshansk, Zhitomir Region).
In addition, the production and commercial firm VELTA (Dnipro) has built a GOK at the Birzulovskoye deposit with a capacity of 240 thousand tons of ilmenite concentrate per year.
Ukraine in January this year reduced the export of semi-finished carbon steel products in physical terms by 92.1% compared to the same period last year – to 38,341 thousand tons.
According to statistics released by the State Customs Service (SCS), in monetary terms, exports of semi-finished carbon steel products in January 2022 declined by 93% – to $20.897 million.
The main export was carried out to Poland (54.20% of supplies in money terms), Denmark (24.91%) and Italy (11.31%).
In January-2023, Ukraine did not import any semi-finished products, whereas in January-2022 it imported 2.606 thousand tons of these products for $1.546 million. Imports were carried out from Russia (100% of supplies).
As reported, in 2022, Ukraine reduced the export of semifinished products of carbon steel in physical terms by 72% compared to the previous year – to 1 million 899.729 tons, in monetary terms by 70.9% – to $ 1 billion 191.279 million. The main export was carried out in 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%).
Ukrainian companies in January this year, imports of copper and copper products in value terms decreased by 20.9% compared to the same period last year – up to $ 6.368 million.
According to customs statistics, released by the State Customs Service of Ukraine on Thursday, the export of copper and copper products for the period decreased by 56.2% – to $ 6.407 million.
In addition, Ukraine reduced imports of nickel and its products by 96.2% in January 2022 compared to January 2021 – to $312 thousand, aluminum and its products – by 33.6%, to $26.529 million. In addition, Ukraine reduced imports of lead and its products by 95.4% – to $32 thousand, imports of tin and its products by 20.4%, to $172 thousand, and zinc and zinc products – by 67%, to $2.238 million.
Exports of aluminum and aluminum products in the first month of 2023 fell 33.7% from January 2022 to $6.776 million, lead and lead products fell 41.4% to $1.633 million, and nickel and nickel products were $3,000, down from $397,000 in January 2022.
There were no zinc exports last month, whereas in January-2022 it was $220 thousand. Tin exports and products totaled $17 thousand in January-2023, whereas in January-2022 there were no.
As reported, Ukrainian enterprises in 2022 decreased imports of copper and copper products in value terms by 64.3% compared to the previous year – to $ 65.370 million, their exports decreased by 56.3% – to $ 90.245 million. In December-2022, imported copper and copper products for $ 6.107 million, exported – to $ 6.956 million.
In addition, Ukraine has reduced imports of nickel and its products by 49.9% in 2022 compared to 2021 – up to $59.754 million (in December – $0.668 million), aluminum and its products – by 33.4% to $340.398 million ($29.457 million). At the same time, the imports of lead and lead products decreased by 66.6% to $2.839 million ($12 thousand).
Imports of tin and tin products fell by 33.5% to $3.312 million ($171 thousand), while imports of zinc and zinc products decreased by 58.7% to $38.690 million ($4.386 million).
Exports of aluminum and aluminum products for 2022 decreased 42.7% from 2021 to $96.972 million ($6.330 million in December), lead and lead products decreased 68.7% to $11.970 million ($1.396 million), and nickel and nickel products decreased 73.9% to $1.268 million ($0.1 million).
Zinc exports for 2022 were $1.331 million ($11,000 in December) compared to $550,000 in 2021. Tin and products exports for 2022 were $424,000 ($1,000 in December) compared to $346,000 the previous year.