Business news from Ukraine

Business news from Ukraine

In 2023, EU dairy farms produced 160 million tons of milk, with Germany, Spain, and France in top three

In 2023, dairy farms in the European Union produced 160.8 million tons of raw milk, which is 0.8 million tons more than in 2022 and 15.8 million tons more than in 2013, according to a study by Eurostat.

According to it, most of the milk produced in the EU is used for butter and cheese production. Thus, in 2023, 149.3 million tons of raw milk were supplied to dairy plants, which was used to produce a number of fresh and ready-made dairy products.

In turn, EU dairies produced 22.0 million tons of drinking milk and 7.8 million tons of fermented milk products in 2023. At the same time, 58.2 million tons of whole milk and 17.4 million tons of skim milk were used to produce 10.6 million tons of cheese. Another 45.4 million tons of whole milk was used to produce 2.3 million tons of butter, the study says.

Germany became the leader in the production of milk and dairy products in the European Union, accounting for 19% of the total production of drinking milk. It was also a leading producer of fermented milk products (27%), butter (20%) and cheese (22%).

Spain was the second largest producer of drinking milk (15% of the EU total), followed by France (13%). The Netherlands was the second largest producer of fermented milk products (17%), followed by Poland (10%).

France was the second largest producer of both butter and cheese (18% of the EU total for each product). Ireland was third in butter production (13%) and Italy was third in cheese production (13%).

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Number of refugees from Ukraine to EU increased by 33.7 thousand in September, with Germany, Poland and Spain leading way

As of September 30, 2024, 4 million 197.37 thousand non-EU citizens who fled Ukraine as a result of the Russian invasion on February 24, 2022, had temporary protection status in the EU, compared to 4 million 163.66 thousand citizens a month earlier, Eurostat reports.

“Compared to the end of August 2024, the largest absolute increase in the number of recipients was observed in Germany (+7,005; +0.6%), Poland (+4,645; +0.5%) and Spain (+3,170; +1.5%),” the agency said.

It noted that the number of beneficiaries decreased in France (-570; -0.9%) and Italy (-10; -0.0%).

Thus, in September, the growth in the number of refugees from Ukraine with temporary protection status slowed to 33.7 thousand from 39.8 thousand in August.

According to Eurostat, despite Germany’s deprivation of almost 237,000 people of this status in July, it still remains the country with the largest number of them in the EU and the world – 1,129,34 thousand at the end of September, or 26.9% of the total number of beneficiaries in the EU.

The top three also includes Poland – 979.84 thousand, or 23.3%, and the Czech Republic – 378.48 thousand, or 9.0%.

Spain (218.30 thousand), Romania (172.41 thousand), and Italy (166.79 thousand) follow with a significant lag.

At the same time, Eurostat clarified that the data for Spain, Greece and Cyprus take into account some people whose temporary protection status is no longer valid.

According to the agency, compared to the population of each EU member state, the largest number of temporary protection beneficiaries per thousand people in September 2024 was observed in the Czech Republic (34.7), Lithuania (28.1) and Poland (26.8), while the corresponding figure at the EU level is 9.3.

It is also said that as of September 30, 2024, Ukrainian citizens accounted for more than 98.3% of the beneficiaries of temporary protection. Adult women accounted for almost half (45.0%) of temporary protection beneficiaries in the EU, children for almost a third (32.3%), while adult men accounted for slightly more than a fifth (22.7%) of the total. A year earlier, the share of women was 46.5%, children 33.7% and adult men 19.9%.

At the end of September 2024, there were also more than 100 thousand people with temporary protection status in Slovakia – 126.97 thousand, the Netherlands – 119.01 thousand, and Ireland – 107.93 thousand.

Between 50 thousand and 100 thousand of them were in Belgium – 84.54 thousand, Austria – 81.91 thousand, Lithuania – 81.07 thousand, Norway – 76.11 thousand, Finland – 67.27 thousand, Switzerland – 66.63 thousand, Bulgaria – 64.32 thousand, Portugal – 63.66 thousand and France – 60.10 thousand (data on children are mostly not included – Eurostat).

This is followed by Latvia – 46.99 thousand people, Sweden – 44.63 thousand, Hungary – 37.99 thousand, Denmark – 36.93 thousand, Estonia – 34.24 thousand, Greece – 31.78 thousand, Croatia – 25.40 thousand, Cyprus – 21.68 thousand, Iceland – 3.92 thousand, Luxembourg – 3.82 thousand, Malta – 2.16 thousand and Liechtenstein – 0.66 thousand.

Eurostat clarified that all the above data relate to the granting of temporary protection on the basis of EU Council Decision 2022/382 of March 4, 2022, which establishes the existence of a massive influx of displaced persons from Ukraine due to Russia’s military invasion and entails the introduction of temporary protection. On June 25, 2024, the European Council decided to extend temporary protection for these persons from March 4, 2025 to March 4, 2026.

According to updated UNHCR data, the number of Ukrainian refugees in Europe as of October 15 this year was estimated at 6.192 million, and 6.752 million in the world as a whole, which is 38 thousand and 27 thousand more than as of September 24 this year.

In Ukraine itself, according to the latest UN data as of August this year, there were 3.669 million internally displaced persons (IDPs), which is 121 thousand more than in April this year.

According to regional authorities cited by the UN, between August 1 and October 3, more than 120,000 people left Donetsk region in eastern Ukraine, including 19,500 who fled active hostilities. In Sumy region, the authorities estimate that 36,000 people, including 6,000 children, have been evacuated.

As noted by Deputy Economy Minister Serhiy Sobolev in early March last year, the return of every 100,000 Ukrainians home results in a 0.5% increase in GDP. In its macroeconomic forecast for this year, the Ministry of Economy has included 1.5 million people returning to Ukraine.

At the same time, the National Bank, in its October inflation report, again downgraded its forecast for the outflow from Ukraine this year from 0.4 million to 0.5 million. In absolute terms, the number of migrants staying abroad is expected to increase to 6.8 million this year.

In the new report, the National Bank confirmed its expectation that Ukrainians will start returning home in 2026, but lowered its forecast for net inflows in 2026 to 0.2 million from 0.4 million.

Source: http://relocation.com.ua/kilkist-bizhentsiv-z-ukrainy-v-ies-u-veresni-zrosla-na-33-7-tys-u-liderakh-nimechchyna-polshcha-ta-ispaniia/

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Germany increased imports from Russia in September by 20.1%

Germany increased exports of goods to Russia by 3.6% in September compared to August, according to the Federal Statistical Office of Germany (Destatis). At the same time, imports from Russia rose by 20.1%.
On a year-on-year basis, September exports to Russia rose 5.6%, but imports from Russia fell 34.4%. Overall, between January and September, German exports from Germany to Russia decreased by 18.5% year-on-year, while imports decreased by 53.6%.
Total seasonally adjusted German exports fell 1.7% in September to €128.2 billion, the first decline since June. By contrast, imports rose 2.1% to €111.3 billion.
Exports to the European Union in September were down 1.8% from August, while shipments to non-EU countries fell 1.6%. Exports to the US increased by 4.8%, exports to China decreased by 3.7% and exports to the UK decreased by 4.9%. Imports from the EU increased by 1.6% and imports from outside the EU increased by 2.6%. In particular, imports from China increased by 5.6%, from the US decreased by 0.3% and from the UK by 0.6%.
Germany’s foreign trade balance surplus narrowed to €17 billion in September from €21.4 billion in August.

 

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Consumer prices in Germany increased by 2.4% in October

Consumer prices in Germany, harmonized with EU standards, increased by 2.4% in annual terms in October 2024 after rising by 1.8% a month earlier, according to preliminary data from the Federal Statistical Office (Destatis). Compared to the previous month, consumer prices increased by 0.4%.

In September, a drop of 0.1% was recorded in monthly terms. Analysts on average had forecast a 2.1% rise in annual terms and a 0.2% rise in monthly terms.

Consumer prices, calculated according to German standards, increased by 2% in annual terms in October. They rose by 0.4% compared to September. Experts had expected a 1.8% rise in annual terms and a 0.2% rise in monthly terms.

http://relocation.com.ua/spozhyvchi-tsiny-v-nimechchyni-v-zhovtni-zrosly-na-2-4/

 

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Germany has increased imports of Ukrainian grain since beginning of war

The German federal government has confirmed the increase in imports of Ukrainian grain in recent years and at the same time denied the negative impact on its market, the Bavarian trade publication Wochenblatt reported.
“Grain imports have been growing since 2022, when the Russian war against Ukraine began. Imports of feed and food grains from Ukraine to Germany reached its peak in recent years – about 741 thousand tons. In the first six months of 2024, the volumes approached 490 thousand tons,” the publication writes.
The largest share in imports is corn. In January-June 2024, Germany imported about 447 thsd tonnes of corn, while in 2023 it was 619 thsd tonnes. At the same time, in 2023, wheat imports reached almost 106 thousand tons, but from the beginning of 2024 to July 2024, only about 16.5 thousand tons were registered. Before Russia’s invasion of Ukraine, wheat imports ranged from 6,000 to 2,000 tons.
The federal government also emphasized that it has no information about any deviations from the requirements and standards during inspections of Ukrainian grain by the official German Food and Feed Inspectorate. According to the Federal Government, food and feed imported into the EU from third countries, such as Ukraine, must comply with the requirements of the food and feed legislation in force in the EU.
This information is contained in the federal government’s response to questions from the parliamentary group Alternative for Germany.

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Germany will soon reduce social benefits for Ukrainians

Ukrainians will soon stop receiving civilian assistance (Bürgergeld), which is intended for unemployed German citizens and amounts to EUR 563 per month, and social benefits will be reoriented in general, German Finance Minister Christian Lindner said, according to Bild.

“We should consider a separate legal status for refugees from Ukraine, Ukrainians… should not… immediately receive civilian assistance, which is focused on providing a socio-economic subsistence level and participation in society even without work,” Lindner told Wirtschaftswoche.

According to the minister, Ukrainians should receive the same benefits as other refugees. Currently, they amount to EUR 460, which is less than the Bürgergeld. According to Lindner, Ukrainians will still not have to go through the asylum procedure, but they will not automatically receive civilian assistance.

Currently, there are about 1.2 million Ukrainians in Germany. According to Bild, 65% of them receive Bürgergeld, and this share is much higher than among immigrants from other countries.

During a meeting with German Chancellor Olaf Scholz last week, Polish Foreign Minister Radoslaw Sikorski also proposed changing the mechanism of social payments to Ukrainian refugees. In an interview with TVP Info following the visit, he said that he proposed to direct the social benefits that Ukrainian refugees currently receive in Germany directly to support Ukraine.

“It’s not good that there is a financial incentive to be in Germany instead of men fighting at the front and women restoring the tax base,” said Sikorsky, who said that payments in Germany can reach EUR 1200 per month.