Business news from Ukraine

Ukrainian companies reduced nickel imports in 2023 but increased aluminum imports

In 2023, Ukrainian companies reduced imports of nickel and nickel products by 74.2% compared to 2022, to $15.391 million ($1.025 million in December), while aluminum and aluminum products increased by 7.7%, to $366.463 million ($31.951 million).
At the same time, it reduced imports of lead and lead products by 65.2% to $989 thousand ($70 thousand), imports of tin and tin products by 23% to $2.728 million ($310 thousand), but increased imports of zinc and zinc products by 18.8% to $45.966 million ($3.665 million).
Exports of aluminum and aluminum products last year increased by 0.7% compared to 2022 to $97.616 million ($8.433 million in December), lead and lead products increased by 23.5% to $14.778 million ($704 thousand), nickel and nickel products amounted to $532 thousand ($24 thousand), while in 2022 it was $1.268 million.
Zinc was exported abroad in 2023 for $130 thousand ($13 thousand in December) against $1.331 million in 2022. Exports of tin and tin products amounted to $159 thousand (up $79 thousand in December) against $424 thousand in 2022.
In addition, in 2022, Ukraine reduced imports of nickel and nickel products by 49.9% compared to 2021, to $59.754 million, aluminum and aluminum products by 33.4%, to $340.398 million. At the same time, it reduced imports of lead and lead products by 66.6%, to $2.839 million.
Imports of tin and tin products fell by 33.5% to $3.312 million, and imports of zinc and zinc products decreased by 58.7% to $38.690 million.
In 2022, exports of aluminum and aluminum products decreased by 42.7% compared to 2021, to $96.972 million, lead and lead products – by 68.7%, to $11.970 million, and nickel and nickel products – by 73.9%, to $1.268 million.
Zinc exports in 2022 amounted to $1.331 million, while in 2021 they amounted to $550 thousand. Exports of tin and products in 2022 amounted to $424 thousand, compared to $346 thousand in the previous year.

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Ukraine reduced nickel imports in 8 months

In January-August this year, Ukrainian companies reduced imports of nickel and products by 75.3% compared to the same period in 2022 to $11.038 million ($2.599 million in August), while aluminum and aluminum products increased by 17.8% to $243.990 million ($38.614 million).

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Ukraine reduced nickel imports in seven months of 2023

According to the State Statistics Committee, Ukraine in the first seven months of 2023 reduced imports of nickel and nickel products by 77.3% compared to the same period of 2022 – to $8.439 million (in July – $732 thousand).
Ukraine in 2022 reduced imports of nickel and nickel products by 49.9% compared to 2021 – to $59.754 million, aluminum and aluminum products – by 33.4%, to $340.398 million.
At the same time, it reduced imports of lead and lead products by 66.6% to $2.839 million.

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In January-June 2023, Ukraine strongly reduced nickel imports, but increased aluminum imports

Ukraine in the first six months of 2023 reduced imports of nickel and nickel products by 4.4 times compared to the same period of 2022 – to $7.699 million ($1.355 million in June), aluminum and aluminum products increased by 25.9% to $168.234 million ($31.461 million).
Exports of aluminum and aluminum products in January-June this year decreased by 0.9% year-on-year to $48.032 million ($8.297 million in June), lead and lead products decreased by 5.7% to $7.806 million ($1.121 million), nickel and nickel products totaled $125,000 ($18,000), compared to $1.266 million in the first half of 2022.
According to customs statistics released by the State Customs Service of Ukraine, Ukraine in 2022 reduced imports of nickel and nickel products by 49.9% compared to 2021 – to $59.754 million, aluminum and aluminum products – by 33.4%, to $340.398 million.
Exports of aluminum and aluminum products for 2022 decreased 42.7% from 2021 to $96.972 million, lead and lead products decreased 68.7% to $11.970 million, and nickel and nickel products decreased 73.9% to $1.268 million.

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Ukraine cuts imports of nickel and nickel products 4.8 times in first five months of 2023

According to customs statistics, promulgated by the State Customs Service of Ukraine, Ukraine in the first five months of 2023 decreased imports of nickel and nickel products in 4.8 times compared to the same period of 2022 – up to $6.344 million (in May – $1.045 million).
Ukraine in 2022 reduced imports of nickel and nickel products by 49.9% compared to 2021 – to $59.754 million.

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Ukraine reduced imports of nickel and nickel products by 96% in January 2023

Ukrainian enterprises in January this year, reduced the import of nickel and its products by 96.2% compared with January 2022 – to $312 thousand, aluminum and its products – by 33.6%, to $26.529 million, while the import of lead and lead products reduced by 95.4% – to $32 thousand, tin and tin products by 20.4%, to $172 thousand, and zinc and zinc products – by 67%, to $2.238 million.
Ukraine has reduced imports of nickel and its products by 49.9% in 2023 compared to 2022 – up to $59.754 million ($0.668 million in December), aluminum and aluminum products – by 33.4%, to $340.398 million ($29.457 million). At the same time, imports of lead and lead products decreased by 66.6% to $2.839 million ($12 thousand).

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