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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 2017 2018 2019 ± on prev.
month.
± % from
2018
January 7.200 6.350 7.725 +7,29% +21,65%
February 7.188 6.200 7.875 +1,94% +27,02%
March 7.025 6.100 7.950 +0,95% +30,33%
April 6.800 6.133 7.950 0,00% +29,62%
May 6.675 6.225 7.950 0,00% +27,71%
June 6.725 6.250 7.950 0,00% +27,20%
July 6.775 6.180  
August 6.775 6.150  
September 6.775 6.269  
October 6.705 6.530  
November 6.550 6.813  
December 6.463 7.200  
Average 6.805 6.367 7.900
Variazione¹ % +4,64% -6,44% +27,22%
Last Update:10-06-2019
1) change from the same period of previous year
*: Aged 9 months
Source: CCIAA Milano
 
Wholesale price of
Parmigiano Reggiano (I) * (€/tons)
Month 2017 2018 2019 ± on prev.
month.
± % from
2018
January 9.606 9.688 10.856 +4,51% +12,06%
February 9.625 9.750 10.925 +0,63% +12,05%
March 9.625 9.750 10.950 +0,23% +12,31%
April 9.575 9.750 10.950 0,00% +12,31%
May 9.475 9.750 10.950 0,00% +12,31%
June 9.500 9.750 10.950 0,00% +12,31%
July 9.575 9.750  
August 9.575 9.750  
September 9.575 9.750  
October 9.575 9.870  
November 9.575 10.013  
December 9.600 10.388  
Average 9.573 9.830 10.930
Variazione¹ % +14,80% +2,68% +12,22%
Last Update:10-06-2019
1) change from the same period of previous year
*: Aged 12 months or more
Source: CCIAA Milano
Wholesale price of
Edamer (D)  (€/tons)
Month 2017 2018 2019 ± on prev.
month.
± % from
2018
January 3.263 2.685 3.019 -0,48% +12,43%
February 3.150 2.563 3.025 +0,21% +18,05%
March 3.080 2.675 3.019 -0,21% +12,85%
April 3.075 2.800 2.990 -0,95% +6,79%
May 3.100 2.880 3.025 +1,17% +5,03%
June 3.213 2.981 3.025 0,00% +1,47%
July 3.494 3.063  
August 3.570 3.115  
September 3.556 3.169  
October 3.469 3.225  
November 3.175 3.138  
December 2.892 3.033  
Average 3.253 2.944 3.017
Variazione¹ % +29,03% -9,50% +9,16%
Last Update:12-06-2019
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 2017 2018 2019 ± on prev.
month.
± % from
2018
January 3.549 2.809 3.045 +7,22% +8,41%
February 3.565 2.920 3.099 +1,77% +6,10%
March 3.461 3.014 3.492 +12,69% +15,87%
April 3.196 3.093 3.831 +9,71% +23,84%
May 3.279 3.469 4.228 +10,37% +21,88%
June 3.482 3.407 3.593 -15,03% +5,46%
July 3.525 3.176  
August 3.402 3.213  
September 3.466 3.103  
October 3.494 3.056  
November 3.460 2.957  
December 3.040 2.840  
Average 3.410 3.088 3.548
Variazione¹ % +21,75% -9,44% +13,76%
Last Update:07-06-2019
1) change from the same period of previous year
Source: USDA