Business news from Ukraine

RETAIL PRICES FOR PETROLEUM PRODUCTS IN UKRAINE INCREASE AGAIN OVER WEEK

The average retail prices for gasoline in Ukraine increased by 2.5-3 UAH/liter from May 9 to May 16, according to the data of the A-95 consulting group (Kyiv).

Thus, the average retail prices for A-92 gasoline increased by UAH 3.04/liter over the week, to UAH 39.85/liter, A-95 by UAH 2.42/liter, to UAH 40.12/liter , premium A-95 – by 2.63 UAH / liter, up to 41.66 UAH / liter.

In addition, retail prices for diesel fuel increased by UAH 0.17, to UAH 43.25/liter, for liquefied gas, by UAH 2.44/liter, to UAH 35.1/liter.

Change in average retail prices for petroleum products in Ukraine, UAH/liter

A-92  A-95  A-95+ DT   LPG
04/18/21 33.70 34.05 35.09 37.78 28.82
04/25/22 33.65 34.06 35.24 38.35 29.99
04/29/22 34.01 34.63 35.57 39.15 30.58
02.05.22 35.12 36.13 37.24 40.81 30.87
05/09/22 36.81 37.70 39.03 43.08 32.66
05/16/22 39.85 40.12 41.66 43.25 35.10
rev. per week,% +8.3 +6.4 +6.7 +0.4 +7.5

Data: “A-95”

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UKRAINE IMPORTED PETROLEUM PRODUCTS WORTH $2.6 BLN IN JAN-JULY

In January-July 2020, Ukraine imported 4.5 million tonnes of petroleum products (according to FEACN code 2710: gasoline, diesel fuel, fuel oil, jet fuel, etc.), which is 3.1% more than in the same period last year (4.4 million tonnes).
According to the State Customs Service, oil products were imported in the amount of $2.6 billion, which is 34.7% more than in January-July 2020 ($2 billion).
Fuel was imported from Belarus for $1.1 billion (share – 43.05%), Russia – for $616.3 million (23.9%), Lithuania – for $315 million (12.22%), and other countries – for $537.3 million (20, 83%).
In addition, Ukraine exported 223,888 tonnes (plus 52.3% compared to January-July 2020) of oil products for a total of $116.22 million (plus 67.4%). The cost of fuel delivered to counterparties from Latvia amounted to $24.7 million, Malta – $17.2 million, Turkey – $13.7 million, and other countries – $60.6 million.

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UKRAINE CUTS IMPORT OF PETROLEUM PRODUCTS IN JAN-SEPT

Ukraine in January-September 2020 imported 5.793 million tonnes of petroleum products (according to foreign trade activity code 2710, petrol, diesel fuel, fuel oil, jet fuel, etc.), which is 4.3% less than in the same period of 2019.
According to the State Fiscal Service, petroleum products were imported in the amount of $2.5 billion, which is 34.6% less than in January-September 2019.
Fuel imports from Russia amounted to $940.081 million (a share of 37.6%), Belarus to $842.578 million (33.7%), Lithuania to $302.246 million (12.09%), from other countries to $415.427 million (16.61%).
In addition, in January-September 2020, Ukraine exported 258,880 tonnes (42.5% less compared to January-September 2019) of petroleum products for a total amount of $105.332 million (51.2% less). The cost of fuel delivered to contractors from Latvia amounted to $20.289 million, Hungary some $10.165 million, Romania some $9.008 million, and from other countries some $65.859 million.

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UKRAINE CUTS IMPORTS OF PETROLEUM PRODUCTS

Ukraine in January 2020 imported 596,336 tonnes of petroleum products (according to foreign trade activity code 2710, petrol, diesel fuel, fuel oil, jet fuel, etc.), which is 13.4% less than in the same period of 2019.
According to the State Fiscal Service, petroleum products were imported in the amount of $371.751 million, which is 12.6% less than in January 2019.
Fuel imports from Russia amounted to $147.083 million (a share of 39.56%), Belarus to $135.742 million (36.51%), Lithuania to $50.011 million (13.45%), from other countries to $38.915 million (10.47%).
In addition, in January 2020, Ukraine exported 27,223 tonnes (46.5% less compared to January 2019) of petroleum products for a total amount of $15.698 million (23.5% less). The cost of fuel delivered to contractors from Latvia amounted to $3.781 million, Hungary some $2.09 million, Ireland some $1.24 million, and from other countries some $8.587 million.

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UKRAINE RAISES IMPORTS OF PETROLEUM PRODUCTS BY 3.6%

Ukraine in January-November 2019 imported 7.676 million tonnes of petroleum products (according to foreign trade activity code 2710, petrol, diesel fuel, fuel oil, jet fuel, etc.), which is 3.6% more than in the same period of 2018.
According to the State Fiscal Service, petroleum products were imported in the amount of $4.844 billion, which is 4.9% less than in January-November 2018.
Fuel imports from Belarus amounted to $1.849 billion (a share of 38.17%), Russia to $1.708 billion (35.27%), Lithuania to $556.498 million (11.49%), from other countries to $730.585 million (15.08%).
In addition, in the 11 months, Ukraine exported 498,915 tonnes (21.6% more compared to January-November 2018) of petroleum products for a total amount of $247.255 million (up by 6.5%). The cost of fuel delivered to contractors from Greece amounted to $53.646 million, Latvia some $31.914 million, Hungary some $28.333 million, and from other countries some $133.362 million.

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UKRAINE INCREASES IMPORTS OF PETROLEUM PRODUCTS BY 13%

Ukraine in January-June 2019 imported 3.869 million tonnes of petroleum products (HS code 2710 – petrol, diesel, fuel oil, jet fuel, etc.), which is 13.2% more than in the same period of 2018.
According to the State Fiscal Service, oil products were imported for $2.454 billion, which is 10.4% more than in January-June 2018 ($2.224 billion).
Fuel imports from the Russian Federation amounted to $1.053 billion (a 42.92% share), Belarus to $883.04 million (35.98%), Lithuania to $265.12 million (10.8%), other countries to $252.743 million (10.3%).
In addition, in January-June 2019, Ukraine exported 319,490 tonnes (42.2% up from January-June 2018) of oil products for a total of $148.11 million (a rise of 23.4%). The cost of fuel supplied to counterparties from Greece was $46.65 million, Latvia $19.309 million, Hungary some $13.904 million, other countries some $68.246 million.
As reported, Ukraine in 2011 imported oil products for $6.954 billion and exported – for $3.339 billion, in 2012 – for $7.607 billion and $1.389 billion, in 2013 – for $6.418 billion and $810.772 million, in 2014 – for $6.698 billion and $510.596 million, in 2015 – for $3.857 billion and $116.385 million, in 2016 – for $3.267 billion and $86.585 million, in 2017 – for $4.159 billion and $180.851 million, and in 2018 – for $5.541 billion and $249.616 million.

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