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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.
Grana Padano
Aged 9 months from producer  (€/kg)
Month 2019 2020 2021 ± on prev.
month. 		± % from
2020
January 7,73 7,10 7,51 +1,52% +5,81%
February 7,88 7,10 7,53 +0,17% +5,99%
March 7,95 6,95 7,43 -1,33% +6,83%
April 7,95 6,78  
May 7,95 6,48  
June 7,98 6,16  
July 8,00 6,15  
August 8,00 6,15  
September 7,99 6,23  
October 7,84 6,46  
November 7,49 7,08  
December 7,23 7,40  
Average 7,83 6,67 7,49
Variazione¹ % +23,00% -14,84% +6,21%
Last Update:08-03-2021
1) change from the same period of previous year
Source: Milan Chamber of Commerce
 
Parmigiano Reggiano
Aged 12 months and over aged lot(s)  (€/kg)
Month 2019 2020 2021 ± on prev.
month. 		± % from
2020
January 10,86 9,22 10,34 +1,10% +12,16%
February 10,93 8,72 10,35 +0,12% +18,71%
March 10,95 8,26 10,35 0,00% +25,33%
April 10,95 8,21  
May 10,95 7,95  
June 10,95 7,44  
July 10,95 7,44  
August 10,95 7,70  
September 10,86 8,11  
October 10,61 8,98  
November 9,89 9,96  
December 9,38 10,23  
Average 10,68 8,52 10,35
Variazione¹ % +8,70% -20,29% +18,49%
Last Update:08-03-2021
1) change from the same period of previous year
Source: Milan Chamber of Commerce
Show/Hide Grana Padano and Parmigiano Reggiano monthly production and prices

Grana Padano
Aging 14-16 months  (€/kg)
Month 2019 2020 2021 ± on prev.
month. 		± % from
2020
January 8,34 8,21 8,88 +1,43% +8,07%
February 8,50 8,23 8,81 -0,70% +7,14%
March 8,53 8,19 8,68 -1,56% +5,90%
April 8,53 8,15  
May 8,53 7,91  
June 8,61 7,78  
July 8,63 7,78  
August 8,63 7,79  
September 8,63 7,91  
October 8,48 8,10  
November 8,31 8,46  
December 8,23 8,75  
Average 8,49 8,10 8,79
Variazione¹ % +20,33% -4,58% +7,04%
Last Update:04-03-2021
1) change from the same period of previous year
Source: Mantua Chamber of Commerce
 
Parmigiano Reggiano
Aging 24 months  (€/kg)
Month 2019 2020 2021 ± on prev.
month. 		± % from
2020
January 13,31 11,69 12,49 +1,63% +6,81%
February 13,35 11,19 12,50 +0,10% +11,67%
March 13,35 10,70 12,50 0,00% +16,82%
April 13,35 10,56  
May 13,35 10,04  
June 13,35 9,52  
July 13,35 9,51  
August 13,35 9,78  
September 13,05 10,19  
October 12,68 10,90  
November 12,14 11,79  
December 11,79 12,29  
Average 13,03 10,68 12,50
Variazione¹ % +8,63% -18,07% +11,62%
Last Update:08-03-2021
1) change from the same period of previous year
Source: Milan Chamber of Commerce