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Commodity and industrial market news — prices, production, trade and regulation — with expert analysis

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| Food & Beverages

Spain Holds 68% of Global Olive-Pomace Oil Trade and 60% of Production

Spain accounts for 68% of world trade in olive-pomace oil and 60% of global production, with exports worth €326 million in the 2024/25 campaign, according to Agronews Castilla y León. The gap between its trade share and its output share shows the country works as a processing and re-export hub for the category, giving Spanish quotations reference status for importers worldwide.

I
Isabella Romano
Lead Food & Beverage Analyst
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| Machinery & Automotive

Turkish Drones Gain Ground Across Middle East, North Africa and Europe

Turkish-made Bayraktar TB2 and Akıncı drones are gaining customers across the Middle East and North Africa, with Forbes also pointing to their entry into Europe. The expansion strengthens Turkey’s defense-export position and increases competitive pressure on incumbent unmanned-aircraft suppliers.

M
Mei Tanaka
Senior Machinery & Automotive Analyst
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| Trade Policy & Macro

Iran's Agricultural Exports Shift Away From the UAE as Freight Rates Jump Fivefold

Container freight on the Iran-UAE route has risen from about 5,000 to 25,000 dirhams, and Iranian agricultural shipments to the Emirates are down roughly 20%, according to Donya-e-Eqtesad. Part of the cargo is being redirected to Russia, Iraq and Afghanistan, while the sector's trade balance stood at minus $4.6 billion in the first nine months of the Iranian year 1404.

Y
Yusuf Demir
Senior Trade Policy Analyst
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| Food & Beverages

New Formats and Wellness Trends Support Spain’s Bottled-Water Market

Spain produced 6,800 million litres of mineral water in 2025 as output continued to rise, according to Alimarket Gran Consumo. Suppliers in the mature market are using new formats and varieties to attract consumers, while sparkling water is gaining market share.

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Isabella Romano
Lead Food & Beverage Analyst
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