Ukraine in January-April this year reduced exports of ferroalloys in physical terms by 5.5 percent compared to the same period last year – to 208,019 thousand tons.
According to the statistics released by the State Customs Service (SCS), in monetary terms, ferroalloys exports fell by 53.9% to $180.098 million.
At that, the main export was carried out to Poland (69.06% of supplies in money terms), Italy (6.10%) and Turkey (5.51%).
In addition, during this period, Ukraine imported 2.096 thousand tons of these products, which is 84.4% less compared to January-April 2022. In monetary terms, imports decreased by 77.6% – to $10.368 million.
Imports were carried out mainly from Armenia (27.92%), Colombia (13.14%) and India (12.20%).
As reported, in 2022, Ukraine reduced the export of ferroalloys in volume terms by 47.7% compared to the previous year – up to 349.560 tons, in monetary terms by 46% – to $ 564.136 million. At that, the main exports were shipped to Poland (53.25% in monetary terms), Netherlands (13.13%) and Romania (5.66%).
In addition, last year Ukraine imported 20.546 thousand tons of these products, which is 65.5% less compared to 2021. In monetary terms, imports decreased by 59.1% – to $72.705 million. Imports were carried out mainly from Norway (22.67%), China (15.60%) and Kazakhstan (14.10%).
Stakhaniv and Zaporizhia ferroalloys plants (NWF and ZZF) were organized by PrivatBank (Kyiv) before the nationalization of the financial institution. Nikopol Ferroalloy Plant is controlled by EastOne Group, created in the fall of 2007 as a result of restructuring of Interpipe Group, as well as Privat Group.
