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Italy: Grana Padano and Parmigiano Reggiano prices and production

This page provides the comparison between prices of Grana Padano and Parmigiano Reggiano, both of them are PDO. cheeses and are quoted on the Milan Chamber of Commerce. The graphs below compare prices over a given period:
  • for 9-months from producer Grana Padano and 12-months and over aged lot(s) Parmigiano Reggiano, both of Milan CC;
  • for 14-16 months Grana Padano of Mantua CC and Parmigiano Reggiano (12-months and over aged lot(s) and 24-months or older) of Milan CC.

Other considerations may be added:
  • The Parmigiano Reggiano is produced in small quantity and in a limited geographical area;
  • The Parmigiano Reggiano is produced with milk of cattle fed exclusively with meadow hay, green fodder and dry fodder (cereals flours and proteoleaginous crop).
    With regard to Grana Padano only, the use of silage for feeding the cows is permitted. The silage comes from cereal plants stored in silos.
This analysis is complemented by the chart of monthly changes of the production of Grana Padano and Parmigiano Reggiano.
Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 7,29 9,41 8,93 +1,28% -5,18%
February 7,39 9,30 8,96 +0,42% -3,63%
March 7,63 9,13 9,19 +2,58% +0,75%
April 8,14 9,01 9,39 +2,15% +4,26%
May 8,84 8,88  
June 8,90 8,73  
July 8,90 8,73  
August 8,90 8,73  
September 8,95 8,73  
October 9,03 8,73  
November 9,31 8,75  
December 9,43 8,81  
Jan-Apr 7,61 9,21 9,12
Change¹ % +2,88% +21,04% -1,01%
Average 8,54 8,90
Change¹ % +19,01% +4,27%
Last Update:22-04-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
Source: Milan Chamber of Commerce
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Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 10,33 10,54 9,93 +0,76% -5,81%
February 10,35 10,34 10,29 +3,65% -0,48%
March 10,46 10,30 10,53 +2,37% +2,25%
April 10,58 10,18 10,66 +1,21% +4,66%
May 10,60 10,15  
June 10,60 10,05  
July 10,60 10,05  
August 10,60 9,95  
September 10,60 9,90  
October 10,60 9,85  
November 10,60 9,85  
December 10,60 9,85  
Jan-Apr 10,43 10,34 10,35
Change¹ % +0,80% -0,86% +0,11%
Average 10,54 10,08
Change¹ % +2,82% -4,37%
Last Update:22-04-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
Source: Milan Chamber of Commerce
  min price
  max price
Show/Hide Grana Padano and Parmigiano Reggiano monthly production and prices

Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 8,43 9,88 9,74 +0,86% -1,35%
February 8,44 9,73 9,88 +1,37% +1,54%
March 8,57 9,58 10,11 +2,41% +5,61%
April 9,00 9,48 10,19 +0,78% +7,56%
May 9,48 9,48  
June 9,48 9,48  
July 9,48 9,48  
August 9,48 9,48  
September 9,50 9,48  
October 9,53 9,48  
November 9,76 9,51  
December 9,88 9,66  
Jan-Apr 8,61 9,66 9,98
Change¹ % -1,57% +12,26% +3,29%
Average 9,26 9,54
Change¹ % +7,90% +3,10%
Last Update:18-04-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
Source: Mantua Chamber of Commerce
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  max price
 
Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 12,55 12,66 11,70 +0,65% -7,60%
February 12,55 12,45 12,06 +3,10% -3,11%
March 12,59 12,28 12,31 +2,02% +0,25%
April 12,70 12,09 12,43 +1,03% +2,83%
May 12,73 11,95  
June 12,73 11,83  
July 12,73 11,83  
August 12,73 11,73  
September 12,73 11,68  
October 12,73 11,63  
November 12,73 11,63  
December 12,73 11,63  
Jan-Apr 12,60 12,37 12,13
Change¹ % +0,81% -1,81% -1,97%
Average 12,68 11,94
Change¹ % +1,34% -5,85%
Last Update:22-04-2024
1) change from the same period of previous year
The monthly, cumulative and annual prices are arithmetic averages calculated on the basis of the weekly prices
Source: Milan Chamber of Commerce
  min price
  max price