Spanish authorities seized 11.55 million packs of contraband cigarettes in 2025, up 95% from 5.92 million in 2024. Seizures of smoking tobacco and manufacturing materials also increased, while legal tobacco sales declined by volume but rose in value.
Italy’s wine industry is confronting excess stocks as higher prices and changing consumer habits weaken demand. Chef and food-industry consultant Guido Mori argues that unsold wine could be converted into vinegar for technical, chemical and pharmaceutical uses.
European leaders were reportedly surprised by a blockade affecting Brazilian meat imports. The issue was raised in talks involving Luiz Inácio Lula da Silva, Ursula von der Leyen and António Costa, bringing market-access uncertainty into the EU-Mercosur agenda.
Thailand’s grade 3 ribbed smoked rubber sheet auction price fell by 1.25 baht per kilogram to 87.55 baht per kilogram. Sri Trang secured rubber across all three auction markets as traders assessed US tariff pressure, the FOMC meeting and China’s PMI data.
Irish milk production declined in April and May, raising supply concerns for the UK and the wider European dairy market. Ireland accounted for 6.3% of EU dairy exports last year, while dry weather, fuel protests and lower farmgate prices are adding pressure on producers.
Poland exported €24.1 billion of agri-food products in the first five months of 2026, up 1.6% year on year. Imports fell 1% to €16.3 billion, lifting the sector’s trade surplus by 7.5% to €7.8 billion.
Rice prices in Vietnam’s Mekong Delta remained stable at elevated levels, while export quotations continued to exceed offers from India and Pakistan. The Philippines is considering linking import rights to investment in domestic milling, drying and processing capacity after first-half imports reached a record 2.75 million tonnes.
Serbia completed only about 25% of its planned July oil-product imports as low Danube water levels limited barge loads to 30–40% of capacity. The government says regular operation of NIS’s sanctioned Pančevo refinery is essential while demand, prices and import costs remain high.
Food manufacturers are introducing beef-tallow protein bars, fries and chips as consumers scrutinize ultra-processed foods and seed oils. The global beef tallow market is projected to rise from $15.86 billion to $26.12 billion by 2035, although food must compete with personal care and biodiesel demand.
Belarus has presented Indonesia with a broad export offer covering butter, cheese, meat products, animal feed, amino acids, fertilizers and machinery. The proposal also includes technology transfer, although no contracts, volumes, prices or delivery dates have been disclosed.
Eni and TotalEnergies are working toward a final investment decision on the Cronos gas field by the end of July. The project could route Cypriot gas to Egypt for liquefaction and LNG exports, mainly to Europe, from 2028.
Bank Pekao’s analysis shows Poland’s meat sector moving on three different tracks in 2026. Poultry remains profitable despite lower prices, while pork faces EU oversupply and beef is affected by weaker Chinese demand and changing trade flows.
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