Business news from Ukraine

UKRAINE INCREASES COPPER EXPORTS BY 43%

Ukrainian enterprises in January-June 2018 increased copper and copper products imports in money terms by 6.5% year-over-year, to $42.566 million. According to the customs statistics released by the State Fiscal Service of Ukraine, exports of copper and copper products in the first six months of the year increased by 43.8%, to $87.590 million.
In June alone, copper and copper products were imported to the amount of $7.189 million, exports were estimated at $12.736 million.
In addition, Ukraine in January-June increased imports of nickel and its products by 18.9%, to $47.603 million ($8.715 million in June alone), reduced imports of aluminum and products from it by 2.2%, to $ 175.507 million ($31,950 million), and boosted imports of lead and its products by 90.3%, to $5.663 million ($1.390 million). Imports of tin and products from it grew by 10.3%, to $ 2.346 million ($211,000) and those of zinc and zinc products by 30%, to $44.566 million ($6.480 million).
Exports of aluminum and its products in January-June 2018 increased by 22.8%, to $ 71.462 million ($12.319 million in June), those of lead and products from it decreased by 18.6% to $19.414 million ($3.320 million). Exports of nickel and products grew by 24.3%, to $4.179 million ($1.026 million in June).
Exports of zinc in January-June 2018 amounted to $118,000 ($17,000 in June), while in January-June-2017 they were estimated at $44,000. Shipments of tin and goods made of it abroad in January-June 2018 amounted to $269,000 (tin was not exported in June), whereas in January-June-2017 tin exports stood at $148,000.

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ICE CREAM EXPORTS FROM UKRAINE TO 50 COUNTRIES, PRODUCTION SLIGHTLY UP IN 2018

Ukrainian enterprises in January-May 2018 increased production of ice cream by 1.7% compared to the same period in 2017, to 42,800 tonnes.
“In January-May the volume of ice cream production in Ukraine amounted to 42,800 tonnes, growth stood at 1.7%. For the five months, 2,900 tonnes were exported, a growth of 23.1%. Ice cream exports to the EU amounted to 232 tonnes, or 8% of the total export. I expect that by the end of this year production and exports will show growth,” Ihor Bartkovsky, the president of the Association of Ukrainian Producers “Ice Cream and Frozen Food,” at a press conference in Kyiv.
According to him, ice cream is exported from Ukraine to more than 50 countries.
“In 2017 Ukraine produced 96,600 tonnes of ice cream, which is 2.4% more than in 2016. Exports totaled more than 5,000 tonnes, an increase of 13.5%, in particular, 336 tonnes were exported to EU countries, or 7% of total exports,” Bartkovsky said.
He noted that over the past three years, ice cream consumption in Ukraine has increased.
At the same time, ice cream consumption per capita in Ukraine remains low.

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UKRAINE EXPORTS 38.63 MLN TONNES OF GRAIN BY JUNE 20

Exports of grain from Ukraine since the beginning of the 2017/2018 agricultural year (July-June) and as of June 20 amounted to 38.63 million tonnes, which is 4.2 million tonnes less than on the same date a year earlier, the Ministry of Agrarian Policy and Food has said.
According to the report, in particular, wheat exports amounted to 16.84 million tonnes (432,000 tonnes less from the previous agri-year), exports of maize to 17.37 million tonnes (2.59 million tonnes less), barley to 4.21 million tonnes (1.08 million tonnes less).
Rye exports totaled 36,800 tonnes (30,200 tonnes more) and exports of flour amounted to 412,200 tonnes (45,200 tonnes more).
As reported with reference to the ministry, Ukraine in the 2016/2017 agri-year exported 44.441 million tonnes of grain.

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UKRAINE RAISES ELECTRICITY EXPORTS IN 2018

Ukraine in January-May 2018 increased electricity exports by 1.3% (34.684 million kWh) compared to the same period in 2017, to 2.653 billion kWh, the Ministry of Energy and Coal Industry has told Interfax-Ukraine. Power supply from the Burshtyn TPP energy island towards Hungary, Slovakia and Romania increased by 10.4% (by 159.488 million kWh), to 1.686 billion kWh.
Electricity deliveries to Poland increased by 24.3% (by 128.407 million kWh), to 656.551 million kWh. Electricity supplies to Moldova amounted to 310.767 million kWh, which is 44.9% (253.211 million kWh) less than in January-May 2017. Ukrainian electricity was not exported to Belarus and Russia in January-May 2017 and January-May 2018
At the same time, in May 2018 exports of Ukrainian electricity amounted to 464.558 million kWh, which is 23.5% (143.076 million kWh) less than in May 2017. In addition, Ukraine for the first five months of this year imported 14.818 million kWh of electricity (14.221 million kWh from Russia, 596,000 kWh from Belarus).

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UKRAINE RISES STRAWBERRY EXPORTS BY 90%

Imports of fresh strawberry over the last six years decreased by 88%, from 1,286 tonnes in 2012 to 153 tonnes in 2017, according to a press release from the Ukrainian Agribusiness Club. “The experience of work of Ukrainians, mainly in Polish fields, made it possible to understand that Ukraine can fully meet the growing demand for strawberries in the domestic market, which was confirmed in practice. Over the past six years imports of fresh strawberry fell by 88% from 1,286 tonnes in 2012 to 153 tonnes in 2017. At the same time, exports rose by 90% from 184 tonnes to 1,799 tonnes respectively,” the report said.
In 2013 the maximum volumes of strawberry consumption were recorded, while in the following years the market was slowly declining. The recovery of the growing trend in the strawberry market took place in 2017, when the growth rate of consumer demand compared to the previous year was estimated at 11%. The main world producer of garden strawberries is Poland. According to the association, it grows about 200,000 tonnes of industrial strawberries, which is three times more than the volumes grown in Ukraine.

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UKRAINE EXPORTS 36.55 MLN TONNES OF GRAIN

Exports of grain from Ukraine since the beginning of the 2017/2018 agricultural year (July-June) and as of May 30 amounted to 36.552 million tonnes, which is 4.2 million tonnes less than on the same date a year earlier, the Ministry of Agrarian Policy and Food has said.
According to the report, in particular, wheat exports amounted to 16.18 million tonnes (485,000 tonnes less from the previous agri-year, exports of maize to 15.98 million tonnes (2.59 million tonnes less), barley to 4.19 million tonnes (1,070 tonnes less).
Rye exports totaled 35,000 tonnes (29,600 tonnes more) and exports of flour amounted to 392,800 tonnes (54,800 tonnes more).
As reported with reference to the ministry, Ukraine in the 2016/2017 agri-year exported 44.441 million tonnes of grain.

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