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Italy: Grana Padano - Prices and Production

This page provides the comparison between Grana Padano output and its prices with regard exclusively to two types: one aged for 9 months and the other aged for 12-15 months.

It is interesting to note that the price difference between the two types is steady due to the aging period and related costs.
Average wholesale prices for Grana Padano seem to be affected by
  • production trend;
  • domestic consumption;
  • export volumes.

The graphs below displays the Evolution in % of the monthly Grana Padano Production.
Grana Padano
Wholesale price * (€/kg)
Month 2015 2016 2017 ± on prev.
month.
± % from
2016
January 7,34 7,58 8,15 +0,77% +7,59%
February 7,38 7,58 8,14 -0,15% +7,43%
March 7,38 7,56 7,98 -2,00% +5,51%
April 7,40 7,48 7,75 -2,82% +3,68%
May 7,43 7,40 7,68 -0,97% +3,79%
June 7,43 7,33 7,78 +1,30% +6,14%
July 7,43 7,33 7,83 +0,64% +6,83%
August 7,38 7,35  
September 7,38 7,40  
October 7,38 7,54  
November 7,40 7,78  
December 7,50 8,09  
Average 7,40 7,53 7,90
Change¹ % -4,89% +1,80% +4,87%
Last Update: 2017-07-10
1) change from previous year
*: Aging 12-15 months
Source: Milan Chamber of Commerce
 
Grana Padano
Wholesale price * (€/kg)
Month 2015 2016 2017 ± on prev.
month.
± % from
2016
January 6,40 6,55 7,20 +1,95% +9,92%
February 6,40 6,55 7,19 -0,17% +9,73%
March 6,40 6,53 7,03 -2,26% +7,53%
April 6,40 6,45 6,80 -3,20% +5,43%
May 6,40 6,37 6,68 -1,84% +4,79%
June 6,40 6,30 6,73 +0,75% +6,75%
July 6,40 6,30 6,78 +0,74% +7,54%
August 6,35 6,33  
September 6,35 6,38  
October 6,35 6,49  
November 6,37 6,73  
December 6,48 7,06  
Average 6,39 6,50 6,91
Change¹ % -6,72% +1,74% +6,30%
Last Update: 2017-07-10
1) change from previous year
*: Aging 9 months
Source: Milan Chamber of Commerce
Production of Grana Padano
Number of wheels  
Month 2015 2016 2017 ± % vs prev.
month**
± % on
2016
± % on
2015
January 437.554 448.038 456.414 +4,20% +1,87% +4,31%
February 411.566 442.728 436.994 +6,00% -1,30% +6,18%
March 466.983 489.840 497.055 +2,74% +1,47% +6,44%
April 457.479 477.127 480.821 -0,04% +0,77% +5,10%
May 454.580 460.722 467.900 -5,83% +1,56% +2,93%
June 421.671 418.839 401.923 -11,24% -4,04% -4,68%
July 352.261 351.729
August 337.571 342.758
September 318.708 291.253
October 356.222 337.888
November 364.647 360.643
December 422.687 438.027
Jan-Jun 2.649.833 2.737.294 2.741.107
% previous ¹ -2,82% +3,30% +0,14%
Total Year 4.801.929 4.859.592
% previous -0,79% +1,20%
Last Update: 2017-07-04
1) change from the same period of previous year
**: Adjusted for months of 30 days (Ex. The calculation of the production change of June compared to May is obtained by considering [June production] compared to [May production : 31 x 30])
Source: Consorzio per la tutela del Grana Padano