Chile’s apple exports grew 5% in H1 2026, FOB values hit decade highs, India leads demand, and EU dried-apple prices firm. Read the price and trading outlook.
Prices
Chile’s average first-half 2026 FOB value reached about USD 1.11/kg for apples, the highest level in at least ten years, reflecting a larger proportion of premium varieties and stronger penetration in higher-value markets. With EUR/USD near 1.10, this equates to roughly EUR 1.01/kg, setting a firm global reference level for Southern Hemisphere supply.
European wholesale quotations for fresh apples generally sit around EUR 1.8–2.5/kg depending on variety and origin, consistent with a moderately firm market for quality fruit. In the processed segment, dried apple cubes of Chinese origin delivered FCA Dordrecht (NL) have edged up over recent weeks, now around EUR 4.35–4.45/kg, a gain of roughly EUR 0.05/kg since late June.
Supply & Demand
Chile exported more than 318,800 metric tons of apples in the first half of 2026, 5% above the same period of 2025 and 2% above the 2021–2025 first-half average. Although still below the 2018 peak of 416,700 tons, this marks a solid rebound from the 2024 trough of 280,100 tons and the 2025 level of about 301,000 tons.
On the demand side, India has become Chile’s largest apple buyer with 52,700 tons in the period, up 64% year-on-year and 67% above its five-year first-half average. Colombia (47,800 tons), Ecuador (26,100 tons) and Saudi Arabia (23,900 tons) follow as key growth markets, supporting diversification away from traditional destinations and underpinning stronger overall export earnings.
Chile now ships apples to 52 destinations, while planted area has been reduced compared with the 2010 era when exports exceeded 800,000 tons. The current recovery is being driven instead by new higher-yield varieties, improved fruit quality and better post-harvest handling, which increase the share of exportable, premium-grade fruit rather than sheer volume growth.
Fundamentals & Weather
First-half export earnings of USD 353 million, combined with the decade-high FOB price of USD 1.11/kg, indicate that the industry’s strategic shift toward premium segments is paying off. With more fruit moving into high-value markets like India and the Gulf, suppliers have less incentive to discount, which helps explain the firmer tone in both fresh and processed apple products into Europe.
In Europe, apple inventories are not excessive, and wholesale markets show stable to slightly firm pricing, particularly for good quality product. Demand for processed formats, including dried and freeze-dried apples used in snacks and bakery, remains healthy, encouraging processors to cover at slightly higher raw material costs.
Weather-wise, Chile’s main apple-growing regions (Maule, Biobío, Araucanía) have recently seen a series of frontal systems bringing substantial rainfall, with forecasts for showers and occasional heavier rain around July 20–23. At this stage of the Southern Hemisphere winter, these conditions are broadly seasonal and more relevant for soil moisture and orchard maintenance than for immediate crop damage, implying limited short-term supply risk.
Outlook & Trading Recommendations
With exportable volumes gradually recovering but quality and market diversification clearly prioritized, the global apple balance looks moderately tight in the premium segment. As long as Chile maintains higher FOB levels and India plus other emerging markets continue to absorb more fruit, downside for European fresh and processed apple prices appears limited in the near term.
- European importers / packers: Consider covering a portion of Q3–Q4 needs now while Chilean supply is flowing and prices are only modestly above last year, especially for premium grades and preferred varieties.
- Industrial users / snack producers: Lock in part of dried-apple requirements at current EUR 4.35–4.45/kg levels; leave some volume open in case of later seasonal relief from Northern Hemisphere harvests.
- Chilean exporters: Maintain a disciplined pricing stance in India, Colombia and the Gulf, leveraging strong demand but remaining attentive to currency moves and logistics costs.
3-Day Directional Price View (EUR)
- Fresh apples, main EU wholesale hubs: Sideways to slightly firm (roughly +0–2%) as supply is adequate but premium demand holds.
- Dried apple cubes FCA NL: Stable to mildly upward bias; current offers around EUR 4.35–4.45/kg are likely to persist over the next three trading days.
- Chilean FOB export market: Steady at elevated levels, supported by strong first-half performance and ongoing demand from India and Latin America.