European apricot producers expect a partial recovery in the harvest in 2026 following a poor season in 2025, according to an industry forecast by Europech.
According to European industry estimates, apricot production in Europe in 2026 could reach about 505,000 tons, which is approximately 6% more than in 2025 and 4% higher than the 2020–2024 average. At the same time, market participants note that harvest potential remains uneven across countries and regions.
Weather was the key factor of the season. In 2026, there were no large-scale destructive frosts in Europe; however, the return of cold weather in late March and early April affected some orchards. Blooming was generally satisfactory, but frequent rains in some areas hampered fruit set. Therefore, northern regions may recover from the low volumes of 2025, while more subdued dynamics are expected in southern Europe.
For the market, this means an increase in supply, but not a complete elimination of risks. European exporters are already warning that the season could be challenging in terms of sales: as volumes increase, competition will intensify between Spain, Italy, Greece, Turkey, and other producers. This could put pressure on prices, especially in the fresh apricot and processing raw material segments.
In the “Medium- and Long-Term Market” section of the UEB, trading continued for May and June 2026 contracts. In total, eight companies placed offers to buy or sell natural gas: VK Ukrnaftoburinnya, GTS Operator of Ukraine, Ukrtransinvest, and others. During the week, 2,600,000 cubic meters of natural gas were sold in the section. Positions by the Ukrainian GTS Operator were successful. Additionally, heat-generating enterprises, namely Cherkasyteplokomunenergo and the “City Heating Networks” Concern, purchased natural gas on the exchange for the first time to generate electricity. Selling prices ranged from 22,050 to 22,700 UAH/thousand cubic meters excluding VAT, with a downward trend.
On the UEB short-term natural gas market, participants placed bids on the intraday market and the “day-ahead” market. A total of 39 deals were concluded, with a total volume of 2,227 thousand cubic meters.
Last week, European gas prices were affected by conflicting news from the Middle East, while in some markets, M+1 gas contracts experienced significant volatility—reaching 3-week highs and 2-week lows over several consecutive days. Geopolitical turmoil, uncertainty over winter supplies, and growing structural demand mean that conditions could change rapidly.
On Thursday, gas prices fell significantly for most 2026 contracts following news of a potential agreement between the U.S. and Iran to end the conflict and ensure the free flow of maritime traffic through the Strait of Hormuz: Following the successful passage of the Liberian-flagged LNG carrier Mubaraz through the strait, it appears that other loaded LNG carriers have also passed through.
On Friday morning, DA gas prices continued this trend. This decline reflects sentiment regarding comments from various news outlets confirming Iran’s readiness to negotiate regarding its nuclear program—the main source of disagreement between the parties—which increases the likelihood of resolving the conflict. This breaking news was partially offset by reduced flows from Oseberg in Norway two days before the scheduled start of a maintenance period, which strengthened the gas system on May 9.
Short-term prices demonstrated their ability to react quickly to weather conditions and system imbalances. Even outside of peak winter periods, volatility remains a defining feature of the market. A colder May forecast is driving additional demand, while wind power generation in Europe is running below average. The decline in renewable energy production is tightening the power system and forcing greater reliance on gas-fired power plants.
Hedge funds have increased their net long positions in the European gas market, according to the latest Commitments of Traders report. With little change in short positions, the funds added another 26 TWh of long positions, bringing the total net long position to 288 TWh.
EU gas storage is at 34% capacity, but gas is being injected at a rapid pace—approximately 10% per month. This has calmed the market in the short term and helped shore up prices, despite broader risks.
Natural gas imports from Europe stood at 0.11 (+0.3) million cubic meters per day. Imports came from Poland and Hungary. There were no exports from the customs warehouse. Ukraine’s storage facilities held 10.33 (+1.48%) billion cubic meters of natural gas. There were no withdrawals from UGS facilities; instead, injections were observed—about 31 million cubic meters per day.
The population of the European Union will continue to age throughout this century, with the median age of EU residents increasing by 6.6 years to reach 51.5 years by 2100, according to Eurostat data.
According to the study, the EU population will grow from 451.8 million in 2025 to a peak of 453.3 million in 2029, after which it will begin to gradually decline—to 445 million by 2050 and to 398.8 million by 2100. Thus, over the period 2025–2100, the total population decline will amount to 53 million people, or 11.7%.
Eurostat notes that the main consequence of current birth and death rates in the EU is the progressive aging of the population. At the same time, the number of people aged 65 and older in the EU is expected to more than double by the end of the century.
At the same time, the share of young people and the working-age population will decline. The share of people aged 20–64 is projected to decline from 61% of the EU population in 2025 to 49.7% in 2100, and their number will decrease by 63.6 million—from 262 million to 198.4 million.
At the same time, the share of the population aged 65 and older will rise from 12.4% at the start of 2025 to 33.6% in 2100, and the size of this age group will increase by 65.9 million people—to 133.8 million. In essence, this is the only major demographic group that will grow significantly in both relative and absolute terms.
Eurostat emphasizes that the aging process will affect all EU countries, although its pace will vary. The most significant increase in the median age of the population is expected in Malta, Cyprus, Ireland, Luxembourg, Lithuania, and Poland.
Disruptions in global oil supplies caused by the war in Iran have led to an increase in the cost of long-haul flights from Europe by more than $100 per passenger, according to the European Federation for Transport and Environment (T&E).
According to its data, rising aviation fuel prices have increased airlines’ costs by an average of 88 euros ($104) per passenger on long-haul flights from Europe and by 29 euros on flights within Europe. For example, fuel for a flight from Barcelona to Berlin will cost €26 more per passenger, and on the route from Paris to New York, it will cost €129 more.
T&E compared prices as of April 16 with the cost of flights immediately before the start of the war between the U.S. and Israel against Iran. The group calculated the average fuel consumption for all routes departing from European airports and divided it by the number of departing passengers.
The calculations showed that the additional costs associated with the spike in fuel prices far exceed the costs airlines incur to comply with the European Union’s climate change policies. “The crisis in the Middle East proves that our real vulnerability lies in a tank filled with foreign oil, not in laws designed to fix it,” said T&E Aviation Director Diana Vitti.
According to Serbian Economist, Serbia is increasingly becoming a key industrial platform for China to enter the European market. This is no longer a matter of scattered investments, but rather a well-established system that integrates metallurgy, mining, transport infrastructure, and export channels.
A turning point was the acquisition by the Chinese company HBIS of the steel plant in Smederevo in 2016 for approximately €46 million, followed by investments in modernization. The second major flagship project was Zijin Mining’s expansion in Serbia’s copper sector—in Bora and at the Čukaru-Peki deposit, where total investment commitments exceeded €3 billion. This allowed Serbia to take a more prominent place in the European steel and copper supply chain.
Analysts emphasize that Chinese capital in Serbia controls several links in the industrial chain at once: copper mining, processing and smelting, steel production, and the export of products to European markets. Against this backdrop, Serbia is increasingly acting not merely as a recipient of foreign investment, but as a functional extension of China’s industrial base within the European economic space.
This is also reflected in trade. By 2025, China had become Serbia’s second-largest trading partner, with bilateral trade exceeding $7 billion. At the same time, a significant portion of exports from Serbia to China is provided by Chinese companies operating in the country, primarily in the copper and metallurgical sectors.
Infrastructure plays a distinct role. Analysts link the new model to projects under the Belt and Road Initiative, including the Belgrade–Budapest railway, bridges, highways, and logistics hubs. In this system, Serbia serves as a transit hub between Piraeus, the Balkans, and Central Europe, reducing transportation costs and speeding up deliveries to the EU.
In addition to metals, China’s presence is expanding in the manufacturing sector as well. Consider the Linglong tire plant in Zrenjanin, valued at around €900 million, as well as projects by Hisense in Valjevo and the Minth Group in the automotive components sector. These manufacturers leverage Serbia’s lower costs and its trade preferences for supplying the EU market.
The country’s trade architecture has been an additional factor. Serbia combines preferential access to the EU market with a free trade agreement with China, which entered into force in 2024. As a result, the country has become a rare hub where Chinese capital can operate simultaneously under both European and non-European trade regimes.
At the same time, this model faces new constraints. The importance of the energy transition and the CBAM mechanism is growing, which could increase costs for Serbia’s energy-intensive export sectors. This is pushing Chinese investors toward the next phase—investments in renewable energy, storage, and grid infrastructure—to maintain the competitiveness of assets in Serbia on the European market.
Thus, Serbia is increasingly establishing itself as an industrial and logistics hub between China and Europe. However, the further development of this role will depend on Belgrade’s ability to simultaneously retain Chinese capital and adapt to the EU’s stricter regulatory requirements.
Nova Post Europe, part of the NOVA Group, plans to double its network of branches in Europe by 2026 and keep its strategy focused on ensuring maximum delivery speed, said Vyacheslav Klimov, co-owner of the express delivery leader Nova Post.
“I believe Nova Post is the only company capable of delivering a package from Berlin to Warsaw the next day. Accessibility—we already have more than 300 branches across Europe. And we will continue this expansion in 2026: by 2026, the network will double,“ Klimov said at the ”Dialogues with NV” event dedicated to European integration in Kyiv on Thursday, according to a correspondent for the Interfax-Ukraine news agency.
According to him, the company has achieved its greatest success in Moldova, and overall, Nova Post is already operating profitably in 5 out of 16 markets, even though the first European branch in Warsaw was opened only in October 2023.
“None of the 16 markets we’ve entered behave the same way. At least in our business, the essence of the European Union is that it is by no means a unified structure in terms of consumer habits: every country has local leaders—very tenacious and very strong. And in each of these markets, you have to make local decisions. That is, think globally, but work and think about how to satisfy the consumer exclusively locally,” Klimov emphasized.
He added that in the global market, no one cares about a company’s origin, so you can only win the competition by offering faster, more accessible, and more reliable services.
Among the obstacles to development, the founder of the NOVA Group cited the National Bank of Ukraine’s limit on financing business abroad at $1 million per month.
Klimov also views as a risk the fact that combining European requirements with Ukrainian bureaucratic procedures could create additional difficulties for the development of Ukrainian business; among other things, he is cautious about the requirements to establish a transport regulator in Ukraine.
Nova Post Europe processed 13 million international shipments in 2025 and plans to increase this volume by over 30% in 2026 and maintain this pace through 2030, Nova Post Europe CEO Oleksandr Lysovets previously stated in an interview with Forbes Ukraine. According to him, these plans will be supported by a new phase of European expansion with investments exceeding $5 million.
The main activity of Nova Poshta, the core asset of the NOVA Group, is express delivery of documents, parcels, and palletized oversized cargo. Its ultimate beneficial owners are Volodymyr Poperechnyuk and Klimov.
