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Ports Authority. Last year, the river carried 11.8mn tons of freight, up 19% over 2018.
● Cars
Car imports dropped by 46% during the first quarter y-o-y, to 115,800, with a total value of $823mn, according Ukravtoprom, the car industry association. Measured by value, new car imports almost equaled used car imports. From January to March, 21,800 new cars were imported for $404mn. During the same time, 94,000 used cars were imported for $419mn. The largest sources of new cars were: Japan – 4,574; Romania – 3,849; and China -- 3,335. The largest sources of used cars were: Germany -- 26,425; US -- 15,723; and France -- 10,177 units. Last year, Ukraine imported 544,000 cars worth $3.6bn.
The Rada voted June 6 to allow money from the $2.4bn coronavirus fund to be used to pave roads. Arguing that the health crisis is now a social crisis, the government says the Big Construction road paving project will directly employ 13,000 people and provide work for 50,000 more. On April 13, the Rada voted to create the fund to fight coronavirus.
9.1.4 Construction & Real estate sector news
Ukraine’s construction slump sharpened in April, with construction work dropping 16% y/y, reports the State Statistics Service. Residential was down 29%. During the first four months of the year, construction was down by 9%, to $1.3bn. In Kyiv and Lviv regions, construction during the first four months was up 5%. In Kyiv city, the nation’s largest market, construction was down 9%, to $331mn.
Overall construction is down by 9% through April. With many wind and solar projects frozen, infrastructure construction is down by 11% y/y through April. ICU writes: “Partially, it will be offset by the expected intensification of "Great Construction" projects, primarily related to the construction and repair of roads and bridges. In general, we expect construction to fall by 12-15% this year.”
Residential construction fell 56.5% y/y during the first quarter of this year, reports the State Statistics Service. New housing construction fell by 83% in Kyiv city to 184,400 square meters. The fall was so sharp that Lviv surpassed the capital, starting construction of 238,900 square meters.
9.1.5 Retail sector news
As of the middle of June, 83% of Ukraine’s restaurants were operating again, although many only for takeout or summer veranda service. Sales have returned to 70% of pre-lockdown levels, OpenDataBot report, comparing to early March levels. Restaurants “that survive will most likely be able to reach the indicators of early 2019 no earlier than next year,” Rodion Eroshek, CEO at joinposter.com, a point of sale oriented consultancy for cafes and restaurants.
In May, Ukraine’s “main retail sectors” largely returned to pre-crisis levels of February, reports PrivatBank, the nation’s largest bank. Drawing on
67 UKRAINE Country Report July 2020 www.intellinews.com