Business news from Ukraine

Ukraine reduced imports of aluminum ores and concentrate by 81.5%

18 January , 2023  

Ukraine in 2022 decreased imports of aluminum ores and concentrate (bauxite) in volume terms by 81.5% compared to the previous year – up to 945.396 thousand tons, in November-December the import was not carried out.
According to statistics released by the State Customs Service (SCS), imports of bauxite in monetary terms fell by 79.6% during this period – to $48.166 million.
At the same time imports were carried out mainly from Guinea (58.90% in monetary terms), Brazil (27.19%) and Ghana (7.48%).
Ukraine did not re-export bauxite in 2022.
As reported, Ukraine in 2021 decreased imports of aluminum ore and concentrate (bauxite) in volume terms by 0.1% compared to 2020 – to 5 million 114.227 thousand tons. Imports of bauxite in monetary terms increased by 4.2% to $236.638 million.
Imports were carried out mainly from Guinea (59.33% of supplies in monetary terms), Brazil (21.33%) and Ghana (16.8%).
Ukraine in 2021 re-exported 277 tons of bauxite worth $70 thousand to Belarus (48.57%), Poland (40%) and Russia (7.14%), while in 2020 was re-exported to Poland 255 tons of bauxite worth $41 thousand.
Bauxite is an aluminum ore used as a raw material for producing alumina, and from it, aluminum. They are also used as fluxes in iron and steel industry.
Bauxite is imported into Ukraine by the Nikolaev Alumina Refinery (NGR), which before the war was affiliated with the United Company (UC) Russian Aluminum (RusAl, RF). Bauxite is used to produce alumina.
“RusAl in Ukraine also previously owned a stake in the Zaporozhye Aluminum Plant (ZALK), which stopped producing primary aluminum and alumina.

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