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| Food & Beverages

Tokaj production up 8-10% as global wine exports fall 4.7%, Hungarian shipments reach €133.8 million

Production in Hungary's Tokaj region rose 8-10% in 2024-2025 while world wine exports fell 4.7% by volume, according to CNBC citing OIV data. Roughly 80% of Hungarian wine goes to EU markets, with Czechia, Slovakia and Poland leading on volume and France, Spain and the United States paying the highest value per litre. Hungarian wine export revenue reached about €133.8 million in 2024.

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Isabella Romano
Lead Food & Beverage Analyst
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| Food & Beverages

China’s expanding health-snack market creates opening for Thai suppliers

China’s snack market is projected to grow from 1.1804 trillion yuan in 2025 to 1.3330 trillion yuan in 2030. Thai suppliers may find opportunities in healthy, convenient and differentiated products, although competition from domestic brands and expanding sales channels is intensifying.

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David Okafor
Food & Beverage Analyst
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| Agriculture: Crops & Grains

Serbia's Apple Sector Looks Beyond Russia as 82,083 Holdings Grow the Crop

Official data from the Statistical Office of the Republic of Serbia show 82,083 agricultural holdings cultivate apples, making the fruit the country's second fruit business after plum. Russia remains the largest single export destination, though Serbian media report shipments are gradually spreading to other markets. Apple has stayed among Serbia's ten biggest export products for the past decade.

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Martin Keller
Senior Agricultural Commodities Analyst
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| Trade Policy & Macro

Egypt’s proposed banana cultivation restrictions draw criticism over self-sufficiency

A former Egyptian agriculture official has questioned restrictions on banana cultivation in old agricultural lands, arguing that domestic production already barely covers local demand. The dispute centers on whether the water-saving measure could undermine self-sufficiency and increase the need for imports.

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Yusuf Demir
Senior Trade Policy Analyst
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| Trade Policy & Macro

EU states agree to keep surplus CO2 allowances in the ETS to ease energy costs

EU ambassadors agreed on Wednesday to stop cancelling surplus CO2 allowances and instead hold them in the market stability reserve as a supply buffer. No allowances will be cancelled until 2030, and from 2031 the cancellation threshold rises to 800 million. The rules still have to be negotiated with the European Parliament.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Trade Policy & Macro

Ukraine Clarifies Excise Stamp Rules for Bulk Wine Imports

Ukraine’s tax authority has clarified that wine under code 2204 29 10 00 cannot generally be imported in road tankers for direct domestic sale because it requires excise stamps. Bulk imports remain possible for licensed production and bottling under a bank-guaranteed tax bill valid for up to 90 days.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Trade Policy & Macro

Romanian Parliament debates bill to suspend market entry of cell-cultured food and feed

A draft law under debate in the Romanian Parliament would temporarily suspend the placing of food and feed obtained through cell cultures on the domestic market, ziare.com reports. The text covers animal nutrition alongside human food, pulling feed and ingredient suppliers into scope. No vote, duration or enforcement mechanism has been reported.

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Eleanor Hayes
Lead Trade Policy Analyst
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| Agriculture: Crops & Grains

Ivorian cocoa faces double risk on quality and supply as rains fall short

Côte d'Ivoire, the world's top cocoa producer, is entering the heaviest phase of its 2026/2027 main crop with rainfall well below normal in key growing zones. Farmers report drying problems for harvested beans and a new wave of small pods dropping from trees. Analyses relayed by Reuters now put Ivorian output at 1.7-1.8 million tonnes, against close to 2.2 million in 2025/2026.

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Martin Keller
Senior Agricultural Commodities Analyst
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