Business news from Ukraine

Export of goods in Jan-Oct 2022 to most important positions and in relation to same period of 2021

Export of goods in Jan-Oct 2022 to most important positions and in relation to same period of 2021

Source: Open4Business.com.ua and experts.news

Ukraine reduced exports of coke and semi-coke by 98%

Ukraine in 2022 reduced the export of coke and semi-coke in volume terms by 98% compared to the previous year – up to 3.856 thousand tons, in December export was not carried out.
According to statistics released by the State Customs Service (SCS), exports of coke and semi-coke in monetary terms fell by 97.6% to $1.011 million over the period.
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 came mainly from Russia (43.43% of supplies in monetary terms, before the war), Poland (30.07%) and the Czech Republic (13.15%).
As reported, Ukraine in 2021 increased the export of coke and semi-coke in volume terms by 3.3 times compared to 2020 – up to 194.535 thousand tons. In monetary terms, export of coke and semi-coke during this period rose in 4.8 times – up to $ 41.838 million. The main export was carried out in Kazakhstan (29.03% in monetary terms), Turkey (20.06%) and Algeria (15.77%).
Ukraine imported 789.903 thousand tons of coke and semi-coke in 2021, which is 2.1 times more than in 2020. In monetary terms, imports increased 4.3 times – up to $351.238 million. Imports were carried out mainly from Russia (65.48% of supplies in monetary terms), the Czech Republic (20%) and Poland (8.45%).
As a result of the war, a number of mines and coke and chemical plants were located in territories temporarily outside of Ukraine’s control.

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KMZ pumps construction of first stage of export grain terminal for Alebor Group

KMZ Industries (Karlovskiy Machine Building Plant, KMZ, Poltava region) at the end of 2022 has manufactured and delivered the equipment necessary for the completion of construction of the “dry” port of Alebor Group located on the territory of Hlybotskiy community (Chernivtsi region) near the border with Romania.
According to the Facebook page of the engineering company, KMZ is ordering construction of the first stage of the export grain terminal with a capacity of 30 000 tons and loading capacity of 300 tons per hour.
Altogether Alebor Group is planning several stages of terminal construction for 2023-2024. In the long term, the “Vadul-Siret Terminal” project will transship Ukrainian agricultural products into narrow gauge railroad wagons for subsequent shipment to the Romanian port of Constanta, thus giving exporters an alternative to Ukrainian sea ports.
As reported, the head of Hlybock community Gregory Vanzuryak in August 2022, wrote that the facility will be equipped with silos up to 200 thousand tons and a capacity of handling up to 3 million tons / year.
He said the first phase of the $20 million project, which will be completed in January 2023, will store up to 60,000 tons of crops and transship up to 1.2 million tons of grain annually to Romania.
Vanzuryak noted that the total construction cost of the facility will be $40 million.
Alebor Group in July-2022 announced the purchase of land for the construction of a terminal for transshipment of crops from the wide Ukrainian railroad track to the narrow European railroad track, as well as an elevator with a total capacity of 60 thousand hectares.
Alebor Group was founded in 2014. Its founder is entrepreneur Alexey Kustov.
In addition to Voronivtsi KPP, the group includes Krystyniv KPP (Cherkasy region) and KPP Chestne (Odessa region), as well as trucking companies Boleko (Cherkasy region), Autoera (Odessa region) and a trading division. The total fleet of the companies amounts to 210 grain carriers.
Before the full-scale Russian invasion into Ukraine, the group of companies had the capacity to export 1.2 million tons of grains and oilseeds per year. The total capacity of the three elevators is 315 thousand tons of simultaneous storage.
KMZ Industries produces flat-bottom and cone-bottom silos, flour storage silos, Brice-Baker mine dryers (British design) and chipboards (Ukrainian design), transport equipment (elevator, chain, belt and screw conveyors), separators for grain cleaning, installs and automates elevator equipment and technological processes in grain storages.
In 2020 the plant increased revenue by 35% to 395.26 million hryvnias and made 5.05 million hryvnias of net profit against a loss of 25.37 million hryvnias. In 2021, it planned to increase production by 30-50%.
As of the fourth quarter of 2021, Dragon Capital Investments Limited (Cyprus), whose ultimate beneficiary is Tomas Fiala, owns 80% of KMZ JSC shares, while Variant Agro Bud LLC holds 20%.

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Ghana considers an opportunity to create hub for grain exports from Ukraine

Ghana intends to implement new logistics projects to increase and make more predictable the exports of agricultural products from Ukraine, a similar intention previously announced by Nigeria and Senegal.
According to the website of the Ministry of Agrarian Policy and Food of Ukraine on Friday, the deepening of cooperation in agriculture and trade relations was discussed by Ukrainian Minister of Agrarian Policy Nikolay Solsky and Ghanaian Minister of Food and Agriculture Owusa Afriy Akoto.
It is specified that the parties considered the issue of creation of a joint project – a logistics hub for food storage, which will allow to store high-quality grain, promote the predictability of sales and stabilization of world food prices.
The Ministry of Agrarian Policy recalled that the Republic of Ghana was the third country visited by a delegation of the Ministry of Agrarian Policy during its official visit to African countries, each of which expressed its desire to create a logistics hub for the export of Ukrainian grain.

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Nigeria offered Ukraine to create logistics hub for grain exports – ministry

Nigeria intends to implement new logistics projects to increase and make more predictable the exports of agricultural products from Ukraine, a similar intention announced earlier by Senegal.
The Minister of Agrarian Policy and Food of Ukraine Mykola Solskyi has reached the relevant agreements during the meeting with the Minister of Foreign Affairs of the Federal Republic of Nigeria Jeffrey Onyeama and the Minister of Agriculture and Rural Development Mohammad Mahmoud Abubakar, the website of the Ministry of Agrarian Policy reported on Wednesday evening.
It is specified that the meeting took place within the framework of the visit of the delegation of the Ukrainian Ministry to the countries of Africa.
The parties discussed opportunities for cooperation and expansion of trade relations between the countries, in particular the creation of a logistics hub for permanent supplies of agricultural raw materials and food products.
As reported, on January 9, Solskyy signed a memorandum of understanding in Senegal, which provides for the development of bilateral trade in agricultural products, cooperation in scientific research, investment, relations between public institutions and private organizations of Ukraine and Senegal.
It also refers to the possibility of storage of Ukrainian grain in the so-called grain hubs. At the same time, the head of the Ministry of Agrarian Policy said at the meeting that Ukraine is ready to export to African countries not only agricultural products, but also other goods, but it is necessary to focus on the development of logistics.

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Ships cannot leave Ukrainian ports for a second day because of bad weather

The Joint Coordination Center (JCC) reported that due to unfavorable weather conditions, vessels were unable to leave Ukrainian ports during Tuesday.

“On January 10, due to unfavorable weather conditions, not a single vessel left Ukrainian ports within the framework of the Black Sea grain initiative,” the report reads.

It is noted that “due to the strong wind and large waves, the team of joint inspection was not able to board the vessels to conduct inspections”.

On January 9, dry cargo vessels were also reportedly unable to leave Ukrainian ports due to bad weather.

Five dry-cargo carriers headed for Ukrainian ports, which passed through the maritime humanitarian corridor on Tuesday.

The SCC reported that “76 applications for participation in the initiative have been submitted.”

“As of January 10, the total tonnage of grain and other agricultural products exported from the three Ukrainian ports is 16,945,661 tons. A total of 1,264 dry cargo ships have been allowed to move so far: 631 to arrive at Ukrainian ports and 633 to leave them,” summarized the JCC.

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