Business news from Ukraine

Ukraine increased export of sunflower oil by 14.5% in January-March

Ukraine in January-March this year, Ukraine increased exports of sunflower oil by 14.5% – to 1 million 322.611 thousand tons. According to customs statistics, in monetary terms, exports of these products in the first quarter decreased by 13.6% – to $1 billion 355.889 million ($1 billion 568.449 million in 1Q2022).
During this period, the export of soybean oil increased by 36.6% – to 78,091 thousand tons, in monetary terms increased by 1.6% – to $77.689 million.
In 2022, Ukraine reduced exports of sunflower oil by 16.4% to $4 billion 290.336 million, in monetary terms – by 14.5% to $5 billion 464.151 million.
Soybean oil exports in 2022 were 237,025 thousand tons, down 1.7% from 20211. In monetary terms, exports rose by 3.2% to $304.685 million.

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Ukraine increases poultry exports by 20% in Q1

Ukraine in January-March this year exported 99 tonnes of pork, which is 54.7% more than in the same period last year (64 tonnes).

According to customs statistics, in monetary terms, the export of these products for the first quarter increased by 3.5 times – up to $274,000 ($78,000 in the first quarter of 2022).

Pork imports in January-March 2023 decreased by 4.3 times – to 3,162 tonnes from 13,746 tonnes, and in monetary terms, the decline was four times – to $6.291 million.

At the same time, according to customs statistics, the supply of poultry meat and offal abroad in the first quarter of 2023 increased by 20% – up to 104,121 tonnes, and in monetary terms, the growth was 3.5% – up to $180.022 million.

During this period, imports decreased in physical terms by 22.3% – to 15,482 tonnes, in monetary terms – by 28.2%, to $8.372 million.

Ukraine in 2022 reduced the supply of pork to foreign markets by 13 times – to 293 tonnes, while imports of this product amounted to 46,934 tonnes (an increase of 15.5%).

In 2022, the country reduced the export of poultry meat and offal by 10%, to 413,197 tonnes. Imports of these products decreased by 37.6% compared to 2021, to 74,746 tonnes.

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Ukraine plans to export 200 MW of electricity to Slovakia every hour

Ukraine on April 17, may start exporting electricity to Slovakia in the amount of 200 MW per hour, said NEC “Ukrenergo”.
According to its message in the Telegram channel on Saturday, the relevant auction for the allocation of capacity of interstate sections in the direction of Slovakia was held today for the delivery date of April 17.
The auction allocated 100 percent of the available capacity on that direction to four bidders.
According to Ukrenergo’s auction platform, DTEK Zakhidenergo (115-135 MW per hour), DE Trading (47-49 MW per hour, Le Trading Ukraine (5-20 MW per 18 hours), TES (20 MW per hour) shared all 200 MW of the section.
At the same time, for the first time since the opening of exports since April 11, the companies did not just book the section, but competed on the price for it. As a result, the minimum price per MWh was 307.5 UAH/MWh, while the maximum was 1.3 thou UAH/MWh.
In total, companies in 24 hours on Monday have to pay almost 3.4 million UAH for the cross-section to Poland.
At the same time, electricity exports to Moldova rose by 59.2% on Saturday to 1,777 MWh, and to Poland, after a two-day break, to 1,775 MWh per day, according to data on the website of the continental European Network of System Operators ENTSO-E.
According to the information on the website, supplies to Moldova will be carried out 18 hours a day with a minimum of 99 MW and a maximum of 130 MW, while supplies to Poland will be 75 MW at all hours, except for the first hour of the day, which was 50 MW.
As of April 15, 289-290 MW of the offered 650 MW of the hourly capacity of the section to Moldova were booked by 6 companies: Ukrhydroenergo PJSC (100 MW for each hour), D. Trading (99 MW per hour), Artlex Energy (40 MW per hour), DE Trading (30 MW per hour), ERU Trading (20 MW per hour) and EES (1 MW per 4 hours). The state energy trader “EKU”, which used to book 150 MW per hour for several days, did not participate in the auction this time.
As reported, exports to Moldova were 150 MWh on April 11, 497 MWh per day on April 12, 965 MWh on April 13 and 1116 MWh on April 14. Poland has so far only been supplied with 1,625 MWh on April 12. At that time, DTEK Zakhidenergo reserved all of the offered 75 MWh per hour.
After a break on April 13-14, this company booked the same capacity for April 15.
The Ministry of Energy resumed electricity exports by a decision of April 7, after which the NEC Ukrenergo began auctioning cross-section capacity for exports to Moldova and Poland, and decided to open exports to Slovakia.
The Ministry of Energy notes that the export will be carried out in conditions of a surplus of electric power and only if the priority of supplies to Ukrainian consumers is observed. Exports have been halted since October 11 after the start of massive attacks on the energy system.
The maximum throughput allowed by ENTSO-E for electricity exports to Europe is 400 MW. “Ukrenergo is working with its European colleagues on the possibility of increasing this volume.

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Ukraine cuts export of titanium ores by 96%

Ukraine in January-March this year reduced exports of titanium-containing ore and concentrate in physical terms by 95.8% as compared to the same period last year – to 4.148 thousand tons.
According to statistics released by the State Customs Service (SCS), exports of titanium ores and concentrates decreased by 82.2% to $6.781 million.
At the same time, the main exports were shipped to Japan (47.35% in monetary terms), Turkey (19.73%) and India (8.89%).
Ukraine did not import these products during this period.
As previously reported, in 2022, Ukraine reduced the export of titanium ore and concentrate in volume terms by 41.8% compared with the previous year – up to 322.143 thousand tons, in monetary terms by 19.6% – to $130.144 million. With that, the main exports were shipped to the Czech Republic (47.91% in monetary terms), the United States (11.94%) and Romania (9.75%).
In 2022, Ukraine imported 196 tons of similar products from Senegal (70.41%) and Turkey (29.59%) for $115 thousand.
In Ukraine, the titaniferous ores are currently mined mainly at United Mining and Chemical Company PJSC (UMCP), which controls Volnogorsky Integrated Mining and Metallurgical Plant (VMMC, Dnepropetrovsk Region) and Irshansky Integrated Mining and Processing Plant (IGOK, Zhitomir Region), as well as at Mezhdurechensky GOK LLC and Valki Ilmenit LLC (both Irshansk, Zhitomir Region).
In addition, the production and commercial firm VELTA (Dnipro) has built a GOK at the Birzulovskoye deposit with a capacity of 240 thousand tons of ilmenite concentrate per year.

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Ukraine stopped exporting coke and reduced imports by 95%

Ukraine did not export coke in January-March this year, as it did in December last year, whereas in January-March 2022 it exported 2.205 thousand tons.

According to the statistics released by the State Customs Service (SCS), Ukraine imported 12.245 thousand tons of coke and semi-coke in January-March 2023, which is 94.7% less than in January-March 2022.

In monetary terms, imports fell by 94.8% to $6.051 million.

Imports came mainly from Poland (76.85% of supplies in money terms), Hungary (13.68%) and Colombia (9.47%).

As earlier reported, in 2022, Ukraine reduced the export of coke and semi-coke in volume terms by 98% compared with the previous year – up to 3.856 tons, in monetary terms by 97.6% – to $1.011 million. The main export was carried out in Hungary (42.63% of supplies in monetary terms), Georgia (37.69%) and Turkey (17.41%).

Ukraine imported 359.192 thousand tons of coke and semi-coke in 2022, down 54.5% compared to 2021. In monetary terms, imports decreased by 50.3% to $174.499 million. Imports were mainly from Russia (43.43% of supplies in monetary terms, before the war), Poland (30.07%) and the Czech Republic (13.15%).

As a result of the war, a number of mines and coke plants found themselves in territories temporarily outside Ukrainian control.

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Customs officers prevented export of ancient violin from Ukraine

Odessa customs officers prevented the export from Ukraine of an antique violin, signed with the name of the famous master Antonio Stradivari, but dated the year after his death – 1742.
“An ancient violin of the genius master tried to take out a citizen of Ukraine, which through the checkpoint “Orlovka” was going to Bulgaria in a car. Despite the presence of a musical instrument with signs of antiquity, he chose the “green corridor” to pass customs control,” the press service of the State Customs Service of Ukraine reported on Friday.
According to the press service, the man also confirmed the absence of goods and items subject to written declaration and taxation of customs payments during oral questioning.
“Based on a risk assessment and analysis, the car was transferred to the “red corridor.” The suspicions of the customs officers were justified: in the luggage compartment, among various packages and suitcases, at the very bottom in a cardboard box was found a case with a violin. On the bottom deck (back – IF-U) of the musical instrument – inscription “ANTONIUS STRADIUARIUS CREMONENSIS FACIBAT ANNO 1742”, – details of detention are given in the message.
The case also contained a bow and a set of strings. No documents authorizing their export from Ukraine were found with the citizen.
According to the violation of customs regulations, made by Odessa customs officers on the grounds of part 1 of Art. 483 of the Customs Code of Ukraine, a musical instrument with signs of antiquity, a bow and a set of strings seized.
Their value and cost will be determined by the appropriate expertise, and their further fate – the court.
Activities were carried out by Odessa customs officers in cooperation with border guards and representatives of the SSU in the Odessa region.
Antonio Stradivari (1644-1737) – unsurpassed master of making bowed instruments. There are about 650 survived Stradivari’s instruments including about 450 violins.

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