In January-August this year, Ukraine increased exports of ferroalloys in physical terms by 20.2% compared to the same period last year, up to 312.445 thousand tons.
According to statistics released by the State Customs Service, exports of ferroalloys decreased by 41.3% to $271.280 million in monetary terms.
The main exports were to Poland (55.89% of supplies in monetary terms), Turkey (12.16%) and the Netherlands (8.09%).
In addition, in the period under review, Ukraine imported 5.059 thousand tons of these products, which is 69.6% less than in January-August 2022. In monetary terms, imports decreased by 66.3% to $20.971 million.
Imports were carried out mainly from India (19.14%), China (17.26%) and Armenia (16.98%).
As reported, in 2022, Ukraine reduced exports of ferroalloys in physical terms by 47.7% compared to the previous year – to 349,560 thousand tons, in monetary terms by 46% – to $564.136 million. At the same time, the main supplies were made to Poland (53.25% of exports in monetary terms), the 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 than in 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%).
The business of the Stakhanov and Zaporizhzhia Ferroalloy Plants (SZF and ZZF) was organized by PrivatBank (Kyiv) before the nationalization of the financial institution. Nikopol Ferroalloy Plant is controlled by EastOne Group, established in the fall of 2007 as a result of the restructuring of Interpipe Group, and Privat Group.
