Ukraine’s aluminium and aluminium product exports move up 12.8% Y-o-Y in H1 2024

In the full-year 2023, Ukraine’s aluminium and aluminium product exports grew by 0.7 per cent Y-o-Y to $97.616 million, whereas the exports in 2022 plunged by 42.7 per cent to $96.972 million.

Imports of Ukraine’s aluminium and aluminium products rose 7.7 per cent last year to $366.463 million versus $340.398 million in 2022 when imports dropped Y-o-Y.

The increase in Ukraine’s aluminium export value could be due to several factors, such as competitive product pricing compared to other countries, higher foreign currency values, and enhanced production levels, which translate to more exports and higher export values.

The exported aluminium from Ukraine is destined for the production of cookware and aluminium foil for food and packaging industry, besides the metals is ideal as a raw material in the aviation and aerospace industries.