Business news from Ukraine

UKRAINE HARVESTS 32% MORE GRAIN THAN YEAR EARLIER IN 2021

In 2021, Ukraine harvested 85.7 million tonnes of grain and leguminous crops, which is 32% higher than in 2020, including 32.07 million tonnes of wheat (28.9% more), 41.87 million tonnes of corn (38.2% more) and 9.42 million tonnes of barley (23.3% more). Such final data on harvest volumes for the last year are published on the website of the State Statistics Service of Ukraine. In addition, 593,900 tonnes of rye were harvested in Ukraine (30% more compared with 2020), 471,000 tonnes of oats (7.3% less), 204,200 tonnes of millet (20.2% less), 173,900 tonnes of sorghum (63.2% more), 106,000 tonnes of buckwheat (8.5% more), 48,600 tonnes of rice (20% less), 32,300 tonnes of triticale (7.8% less), as well as 681,000 tonnes of leguminous crops.
Among other agricultural crops in the country last year, 16.38 million tonnes of sunflower were harvested (25% more compared to 2020), 10.8 million tonnes of sugar beet (18.1% more), 3.5 million tonnes of soybeans (24.4% more), 2.92 million tonnes of rapeseed and 42,000 tonnes of oilseed flax (an increase of 3.7 times).
In terms of fruit and vegetable crops, Ukraine in 2021 harvested 21.35 million tonnes of potatoes (2.5% more compared to 2020), 9.93 million tonnes of vegetables (2.9% more), 6.8 million tonnes of fodder corn (3.0% more), 5.17 million tonnes of fodder beet (6% less), 2.24 million tonnes of fruit and berry crops (10.7% more) and 0.26 million tonnes of grapes (8.3% less).
Most of all last year, the area under fodder corn decreased by 19.1% compared to 2020, to 216,400 hectares, rice – by 12.0%, to 10,000 hectares, sorghum – by 11.9%, to 41,600 hectares, while the largest increase in areas was recorded under oil flax (growth by 1.95 times), to 27,400 hectares, rye – by a quarter, to 172,900 hectares and buckwheat – by 9%, to 92,000 hectares.
The yield of the vast majority of agricultural crops improved last year. In particular, the yield of wheat was 4.53 tonnes per ha (19% more compared with 2020), corn – 7.67 tonnes per ha (36.5% more), barley – 3.82 tonnes per ha (18.6% more), rye and triticale – 3.44 tonnes per ha (3.6% and 2.1% more respectively), oats – 2.63 tonnes per ha (2.7% more), sorghum – 4.16 tonnes per ha / ha (86% more), millet – 2.35 tonnes per ha (46% more), other legumes – 2.19 tonnes per ha (13.5% more).
Also, the yield of sugar beet was 47.76 tonnes per ha (15% more compared with 2020), fodder corn – 31.5 tonnes per ha (27% more), fodder beet – 29.44 tonnes per ha (2% more), vegetable crops – 21.54 tonnes per ha (4% more), potatoes – 16.64 tonnes per ha (6% more), fruit and berry crops – 11.86 tonnes per ha (12% more), grapes – 7.58 tonnes per ha (0.3% more), rapeseed – 2.92 tonnes per ha (27.0% more), soybeans – 2.64 tonnes per ha (+29% more), sunflower – 2.46 tonnes per ha (22% more), oil flax – 1.55 tonnes per ha (39% more).
At the same time, the yield of rice decreased to 4.91 tonnes per ha (8.1% less) and buckwheat – to 1.15 tonnes per ha (0.9% less).
Thus, the total harvest of all indicated agricultural crops in Ukraine last year amounted to 165.1 million tonnes, while the harvest of grain, leguminous and oilseeds indicated by the State Statistics Service was 108.5 million tonnes.

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THE GROWTH OF INDUSTRIAL PRICES IN UKRAINE INCREASES TO 9.6%

Prices of industrial producers of Ukraine in January 2022 increased by 9.6%, while in December 2021 – by 2.7%, in November – by 4.3%, in October – by 12.5%, the State Statistics Service said.
In annual terms (in relation to the same month last year), in January 2022 prices in industry increased by 69.1%, in December 2021 – by 62.2%, in November – by 60.7%, in October – by 57.2%, September – by 45.1%.
The State Statistics Service clarifies that within Ukraine the prices of industrial producers in January 2022 compared to December 2021 increased by 10.5%, while for deliveries outside the country prices grew by 6.3%.
According to the agency, in mining industry and quarrying in January of this year compared to December 2021 prices increased by 6.4%. Prices in extraction of crude oil and natural gas decreased by 0.1%, while prices in extraction of metal ores rose by 17.4%.
Prices in the supply of electricity and gas increased by 26.8%, in production of energy – by 18%, in production of intermediate consumption goods – by 4.7%, in production of chemicals – by 4%, in mechanical engineering – by 3.7%, in production of rubber and plastic products – by 3.1%, in the production of investment goods – by 3.1%, in the production of non-durable goods – by 2%, in the production of durable goods – by 1.9%, in food production – by 1.8%, in metallurgy – by 1.7%, in processing industry – by 1.6%, in the production of electrical equipment – by 1.6%, in the production of basic pharmaceutical products – by 1.5%, in the production of computers – by 1.1%.

Prices in the production of coke and refined petroleum products decreased by 6.7%.

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INFLATION IN UKRAINE UP TO 1.3% IN JAN

The growth of consumer prices in Ukraine in January 2022 accelerated to 1.3% from 0.6% in December and 0.8% in November 2021, the State Statistics Service reported.
At the same time, in January last year, it also amounted to 1.3%, so in annual terms, inflation remained at 10%, the agency said.
Underlying inflation fell to 0.1% last month from 0.4% in December and 0.8% in November. Taking into account 0.3% in January 2021, in annual terms underlying inflation decreased to 7.6% from 7.9% in the last year.
According to the State Statistics Service, in the consumer market in January 2022 compared to December 2021, prices for food and non-alcoholic beverages increased by 2.5%. Vegetables went up in price by 20.5%, prices for eggs, fruits, bread, milk and dairy products, meat and meat products, rice, lard, butter increased by 3.9-1%. Sugar and sunflower oil fell in price by 0.8% and 0.5%, respectively.
Prices for clothes and footwear fell by 5.7%, including footwear – by 6.1%, clothing – by 5.4%.
The increase in tariffs for housing, water, electricity, gas and other fuels by 0.7% was mainly due to an increase in sewerage tariffs by 14.9%, water supply – by 12%.
Last month, transport prices increased by 1.3%, primarily due to a 2.9% increase in the cost of travel in railway passenger transport, and a 2.6% increase in fuel and lubricating oils.
In the telecommunications sector, prices increased by 1.1%, which is associated with an increase in tariffs for local telephone communications by 13.6%.
The increase in the cost of education services by 1.6% was mainly due to the increase in fees for the maintenance of children in preschool institutions by 23.3%.
As reported, in 2021 inflation in Ukraine rose to 10% from 5% in 2020 and 4.1% in 2019, while underlying inflation rose to 7.9% against 4.5% a year earlier.

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AMOUNT OF SOLD INDUSTRIAL PRODUCTS IN UKRAINE RAISE UP BY 44.5% IN 2021

Ukraine sold industrial products (goods, services) for UAH 3.584 trillion in 2021, which is 44.5% more than in 2020 (UAH 2.481 trillion), including for UAH 1.019 trillion outside the country, the State Statistics Service said on Friday.
According to the authority, in December 2021 year-over-year, the turnover of the sold products of mining and processing industry rose by 31.8%. Sales of mining industry products in December 2021 compared to the same month last year grew by 18.1%, processing industry – by 34.8%.
Compared to the previous month (December to November 2021), sales in the mining industry rose by 5%, in the processing industry – by 10.7%.
The processing industry (61.3%) had the largest share of the total volume of sales of industrial products in 2021, the share of the supply of electricity, gas, steam and air conditioning was 21.5%, the mining industry and quarrying 16.1%, metallurgical production 16.0%.
As reported, in 2020, Ukraine sold industrial products (goods, services) for UAH 2.481 trillion.

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