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Philippine Pineapples Eye Easier US Access as EU Prices Stay Firm

Philippine Pineapples Eye Easier US Access as EU Prices Stay Firm

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CMB News Editorial
Editorial Desk

US may ease port limits on Philippine pineapples while EU prices stay firm. Outlook for exporters, EU buyers and processors, plus short-term price view.

The prospect of easier US market access for Philippine pineapples is emerging just as global prices remain firm and European dried pineapple offers soften slightly, setting up a potentially supportive demand environment into late 2026. Export-oriented supply from the Philippines is shifting into a more diversified pattern: existing strong positions in Asia are now complemented by renewed UAE shipments and a possible expansion of US entry ports. At the same time, firm fresh prices in Europe and tightness from Costa Rica are underpinning the value of the whole pineapple complex, even as dried pineapple quotations in the EU show modest easing. For buyers, this means little near-term downside in fresh prices, but some opportunity to secure processed volumes before any new US demand wave adds further competition.

Prices

Fresh pineapple prices in European wholesale markets remain elevated, with recent Rungis indications around 1.49–1.70 EUR/kg for sea-freighted fruit and about 5.30 EUR/kg for air shipments, reflecting tight global supply and sustained demand.

Dried pineapple offers in Europe, by contrast, are stable to slightly softer. Thai dried pineapple (normal sugar, FCA Netherlands) is indicated around 3.90–3.98 EUR/kg, marginally below late-June levels, while Vietnamese origin FOB Hanoi is steady near 6.78 EUR/kg. This suggests some margin relief in the processed segment despite firm fresh prices.

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Market Data Table
Schwarzer Pfeffer6.850 €/t+2,3 %
Koriander1.240 €/t−0,8 %
Kreuzkümmel2.100 €/t+1,5 %
Zimt (Cassia)8.900 €/t+0,4 %
Kurkuma3.200 €/t−1,2 %
Kardamom grün18.500 €/t+3,1 %
Ingwer (getr.)1.850 €/t+0,9 %
Chili (getr.)2.750 €/t−0,5 %
Schwarzer Pfeffer6.850 €/t+2,3 %
Koriander1.240 €/t−0,8 %
Kreuzkümmel2.100 €/t+1,5 %
Zimt (Cassia)8.900 €/t+0,4 %
Kurkuma3.200 €/t−1,2 %
Kardamom grün18.500 €/t+3,1 %
Ingwer (getr.)1.850 €/t+0,9 %
Chili (getr.)2.750 €/t−0,5 %
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Supply & Demand

The Philippines is consolidating its role as a top-tier exporter, ranking second globally with more than 775,000 tonnes shipped in 2025 and roughly 17% of world export value. New MD2 shipments to the UAE—around 18 tonnes per consignment with regular voyages every two weeks—illustrate the country’s strategy to deepen Middle East penetration and diversify beyond traditional Asian and North American channels.

The key structural shift ahead is regulatory: US authorities (APHIS) have proposed removing the current restriction that confines Philippine pineapple entries to North Atlantic ports, Guam and the Northern Mariana Islands due to oriental fruit fly risk. Once the public comment period closes on August 10 and, if approved, wider US port access would unlock more flexible routing, lower logistics costs and expand demand potential for Philippine fruit in the second half of the year.

On the demand side, US fresh pineapple imports reached record levels in 2024 and remain underpinned by strong retail and processing use, while Europe is experiencing elevated wholesale prices due to constrained supply from Costa Rica and other Latin American and West African origins. Short-term US foodservice reports also point to good pineapple availability but firm underlying demand into mid‑summer, suggesting that any new Philippine volumes would be absorbed rather than depress prices materially.

Fundamentals & Weather

Global fundamentals remain broadly tight. Costa Rica, the leading exporter, is still recovering from weather-related yield issues, while El Niño conditions are developing and could skew rainfall patterns across tropical production belts. In this context, incremental Philippine export growth gains significance for buyers seeking diversification away from Central America.

In the Philippines, July falls in the southwest monsoon (habagat) season, bringing warm, humid conditions and frequent showers. Seasonal forecasts and recent briefings indicate near‑ to above‑normal rainfall across parts of Mindanao and the Visayas, with potential tropical disturbances around early July. For established pineapple areas in South Cotabato and nearby regions, this pattern is broadly supportive of vegetative growth, but localized heavy rain or wind events could temporarily disrupt harvesting and logistics rather than significantly alter 2026 output expectations.

In processed markets, the slight easing in dried pineapple prices points to adequate raw material availability for dryers and canners at present. However, if fresh prices stay elevated and freight costs remain volatile, processors may face renewed competition for fruit, particularly if US access changes trigger larger forward programs out of the Philippines.

Outlook & Trading Ideas

Over the coming months, the central watchpoint will be the outcome of the US APHIS proposal and the pace of Philippine export diversification. Expanded US port access from late 2026 would likely redirect some volumes currently destined for Asia and the Middle East, tightening supply in those regions during seasonal peaks. Meanwhile, European buyers still face elevated fresh prices and only modest relief in processed segments.

  • European fresh buyers: Expect continued firm spot prices in Q3; prioritize long-term contracts and consider origin diversification (Philippines, West Africa) to mitigate Costa Rica supply risk.
  • Dried pineapple buyers in the EU: Use the current slight softening in Thai offers (around 3.9–4.0 EUR/kg FCA) to extend coverage into Q4 before any additional US demand tightens raw material availability.
  • Philippine exporters: Prepare commercial strategies for a potential US rule change by Q4—secure logistics partners beyond North Atlantic routes and negotiate multi-destination contracts that can flex between US, UAE and Asian ports.
  • Industrial users (juice, canned): Hedge a portion of 2027 needs via forward contracts with diversified origin mix, as El Niño‑linked weather risks and freight volatility could keep the complex structurally firm.

3‑Day Price Indication

  • EU fresh wholesale (sea-freighted): Stable to slightly firm around 1.5–1.7 EUR/kg as tight supply persists.
  • EU dried pineapple (Thai, FCA Netherlands): Sideways to mildly softer around 3.9–4.0 EUR/kg, reflecting comfortable stocks.
  • Vietnam dried FOB: Stable near 6.8 EUR/kg; no major short‑term drivers for change.
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