Ukraine in January-September this year reduced the export of ferroalloys in kind by 44.8% compared to the same period last year – up to 283.571 thousand tons.
According to statistics released by the State Customs Service (STS), in monetary terms, exports of ferroalloys decreased by 33.5% to $489.072 million.
At the same time, the main exports were to Poland (55.71% of supplies in monetary terms), the Netherlands (14.21%) and Romania (6.14%).
In addition, during this period, Ukraine imported 17,005 thousand tons of these products, which is 60.1% less compared to January-September 2021. In monetary terms, imports decreased by 47.8% to $63.883 million.
Import was carried out mainly from Norway (25.8%), China (16.41%) and Kazakhstan (15.85%).
As reported, Ukraine in 2021 increased the export of ferroalloys in physical terms by 6.9% compared to 2020 – up to 668.539 thousand tons, in monetary terms, the export of ferroalloys increased by 58.2% – up to $1 billion 43.880 million. the main exports were to Turkey (19.87% of supplies in monetary terms), Italy (13.51%) and China (11.28%).
In addition, in 2021, Ukraine imported 59.569 thousand tons of these products, which is 75.6% more by 2020. In monetary terms, imports increased by 84.5% – up to $177.616 million. Imports were carried out mainly from Brazil (16.93%), Norway (15.72%) and Kazakhstan (15.1%).
The business of the Stakhanov and Zaporozhye Ferroalloy Plants (SZF and ZZF) was organized by PrivatBank (Kyiv) before the financial institution was nationalized. The Nikopol Ferroalloy Plant is controlled by the EastOne group, created in autumn 2007 as a result of the restructuring of the Interpipe group, as well as the Privat group.
