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Wholesale prices of cheeses

The chart and tables provide, in a given period of time, a comparison on the international market, between the wholesale prices of some P.D.O Italian Cheeses (Grana Padano and Parmigiano Reggiano) and some common cheeses, such as non-typical ones, like Cheddar (Oceania) and Edamer (Germany).

The graph evidences, simultaneously, the hard cheese (not PDO) price position.

It is interesting to note that:
  • the above mentioned PDO Italian Cheeses are top quality and affected by high cost of seasoning, therefore the related prices rank at the top of the chart;
  • the common cheeses of non-Italian origin rank at the bottom of the price league;
  • the seasoned types (Grana-like cheeses) rank in the middle of the chart as a borderline between the two previously mentioned typologies.

However, the worldwide consumer's trend is to purchase low price cheeses since they are more price advantageous and wide distributed.
The following elements can influence the consumer choice:
  • the individual incomes and improving welfare of reference countries (GDP);
  • marketing and distribution action of the different types of cheese worldwide;
  • the correct nutritional information and quality properties where consumers are unaware.

Wholesale price of
Grana Padano (I) * (€/tons)
Month 2018 2019 2020 ± on prev.
month.
± % from
2019
January 6.350 7.725 7.100 -1,80% -8,09%
February 6.200 7.875 7.100 0,00% -9,84%
March 6.100 7.950 6.950 -2,11% -12,58%
April 6.133 7.950 6.775 -2,52% -14,78%
May 6.225 7.950 6.475 -4,43% -18,55%
June 6.250 7.975 6.160 -4,86% -22,76%
July 6.180 8.000 6.150 -0,16% -23,13%
August 6.150 8.000 6.150 0,00% -23,13%
September 6.269 7.990 6.225 +1,22% -22,09%
October 6.530 7.838 6.456 +3,71% -17,62%
November 6.813 7.488 7.031 +8,91% -6,09%
December 7.200 7.230  
Average 6.367 7.831 6.598
Variazione¹ % -6,44% +23,00% -16,33%
Last Update:23-11-2020
1) change from the same period of previous year
*: Aged 9 months
Source: CCIAA Milano
 
Wholesale price of
Parmigiano Reggiano (I) * (€/tons)
Month 2018 2019 2020 ± on prev.
month.
± % from
2019
January 9.688 10.856 9.217 -1,74% -15,10%
February 9.750 10.925 8.719 -5,40% -20,19%
March 9.750 10.950 8.258 -5,28% -24,58%
April 9.750 10.950 8.213 -0,55% -25,00%
May 9.750 10.950 7.950 -3,20% -27,40%
June 9.750 10.950 7.440 -6,42% -32,05%
July 9.750 10.950 7.438 -0,03% -32,08%
August 9.750 10.950 7.700 +3,53% -29,68%
September 9.750 10.860 8.113 +5,36% -25,30%
October 9.870 10.606 8.975 +10,63% -15,38%
November 10.013 9.888 9.894 +10,24% +0,06%
December 10.388 9.380  
Average 9.830 10.685 8.356
Variazione¹ % +2,68% +8,70% -22,65%
Last Update:23-11-2020
1) change from the same period of previous year
*: Aged 12 months or more
Source: CCIAA Milano
Wholesale price of
Edamer (D)  (€/tons)
Month 2018 2019 2020 ± on prev.
month.
± % from
2019
January 2.685 3.019 3.238 +1,70% +7,25%
February 2.563 3.025 3.250 +0,39% +7,44%
March 2.675 3.019 3.250 0,00% +7,66%
April 2.800 2.990 3.000 -7,69% +0,33%
May 2.880 3.025 2.813 -6,25% -7,02%
June 2.981 3.025 2.763 -1,78% -8,68%
July 3.063 3.055 2.900 +4,98% -5,07%
August 3.115 3.075 3.019 +4,09% -1,83%
September 3.169 3.075 3.075 +1,86% 0,00%
October 3.225 3.075 3.075 0,00% 0,00%
November 3.138 3.125 3.075 0,00% -1,60%
December 3.033 3.183  
Average 2.944 3.058 3.041
Variazione¹ % -9,50% +3,86% -0,15%
Last Update:18-11-2020
1) change from the same period of previous year
Source: ZMP; since May 6,2009 "Süddeutsche Butter - und Käsebörse eV, Kempten"
 
Wholesale price of
Cheddar (Oceania)  (€/tons)
Month 2018 2019 2020 ± on prev.
month.
± % from
2019
January 2.809 3.045 3.604 +1,08% +18,37%
February 2.920 3.099 4.061 +12,69% +31,07%
March 3.014 3.492 3.923 -3,41% +12,35%
April 3.093 3.831 4.136 +5,44% +7,97%
May 3.469 4.228 3.742 -9,52% -11,49%
June 3.407 3.492 3.436 -8,18% -1,60%
July 3.176 3.427 3.344 -2,68% -2,43%
August 3.213 3.563 2.976 -10,99% -16,47%
September 3.103 3.518 3.067 +3,04% -12,82%
October 3.056 3.394 3.222 +5,06% -5,07%
November 2.957 3.310 3.135 -2,72% -5,30%
December 2.840 3.566  
Average 3.088 3.497 3.513
Variazione¹ % -9,44% +13,24% +0,65%
Last Update:20-11-2020
1) change from the same period of previous year
Source: USDA