According to the results of the survey conducted by the State Statistics Service of Ukraine among industrial companies, industrial producers in Ukraine expect a drop in capacity utilization rate to 61.6% in Q1 2020, 3.9 pp down from Q4 2019. 1,522 companies were surveyed in January 2020.
Industrial manufacturers surveyed by the State Statistics Service expect that the impact of insufficient demand will increase, and this is one of the factors that slows down industrial production.
“The current volume or foreign orders in industry is minus 24%, in industrial industry minus 29%,” explains the State Statistics Service.
At the same time, the impact of such factors as lack of labor force, raw material, materials and equipment on industry is expected to lessen.
In general, in Q1 2020, the business confidence index in industry fell by 0.1 pp to 5.7% compared to Q4 2019.
In the processing industry, this index decreased by 0.9 pp to -6.4% compared to the previous quarter.
As reported earlier, in 2019, Ukraine’s industrial production dropped by 1.8% against 2018. Importantly, a steady downward trend was recorded from June to December last year.
As a result, Ukraine’s GDP growth rate slowed down to 3.3% in 2019 (from 3.4% in 2018).
Italian steel company Marcegaglia has signed a letter of intent with French energy giant EDF…
Global coking coal exports in January-May 2025 decreased by 1.4% year-on-year to approximately 139 million…
Steel producers in the EU are calling for the introduction of duties or restrictions on…
In May 2025, French steel enterprises reduced steel production by 20.6% compared to May 2024,…
In 2024, Czech steel giant Třinecké železárny (TŽ) increased its steel production to 2.425 million…
On June 24, the German government approved the draft federal budget for 2025, along with…