Business news from Ukraine

Business news from Ukraine

Ukraine exported almost 100,000 tons of bioethanol in 2024

10 June , 2025  

Ukraine exported 99,300 tons of bioethanol in 2024, with private producers accounting for 62% of this export, and three private bioethanol plants accounting for 38,100 tons According to Nina Yuzhanina, a member of the Verkhovna Rada Committee on Finance, Tax and Customs Policy, the key factors for the development of bioethanol production in Ukraine were the replacement of Russian methanol with Ukrainian bioethanol by oil and gas companies.

She noted that of the 17 bioethanol plants operating in Ukraine, with a production capacity of over 420,000 tons per year, 12 have been privatized in recent years.

According to her, the key factors for the development of bioethanol production in Ukraine were the replacement of Russian methanol with Ukrainian bioethanol by oil and gas companies; the supply of consolidated batches of bioethanol (min. 10,000 tons) to the EU market; logistical features of bioethanol exports by tankers to EU oil refineries with return delivery of gasoline to Ukraine; the abolition of quotas on bioethanol exports to the EU (as of today, the quota of 100,000 tons of ethyl alcohol per year has already been restored) and the introduction of a mandatory 5% bioethanol blend in gasoline in Ukraine.

The MP also criticized the government for failing to protect foreign markets for one of Ukraine’s most promising processing industries.

As reported, the European Commission has approved quotas for Ukrainian agricultural products, which will be in effect from June 6 until the end of 2025 as part of the Deep and Comprehensive Free Trade Area Agreement. According to a document published on the EU website, by the end of 2025, Ukraine will be able to supply the EU market under the Deep and Comprehensive Free Trade Area in a 7/12 month regime (7 out of 12 months of the year) with wheat, flour, and meslin – 583,330 tons , corn – 379,167 thousand tons, barley – 204,167 thousand tons, poultry meat – 52,511 thousand tons, beef – 7 thousand tons, eggs – 3,500 tons, milk and cream – 5,833 tons, dry milk – 2,917 tons, butter – 1,750 tons.

In 2024, Ukraine exhausted its quota for bioethanol supplies to EU markets, which amounted to 100,000 tons per year, for the first time since signing the Association Agreement with the EU. Under the updated terms of 7/12, Ukrainian producers will be able to supply 58,000 tons of bioethanol to the EU market by the end of 2025.

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