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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 (or older) Grana Padano and 12-months (or older) Parmigiano Reggiano, both of Milan CC;
  • for 14-16 months Grana Padano of Mantua CC and Parmigiano Reggiano (12-months or older 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 ensilage for fedding the cows is permitted. The ensilage 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.
Show/Hide the Grana Padano and Parmigiano Reggiano monthly production

Grana Padano
Aging 9 months  (€/kg)
Month 2016 2017 2018 ± on prev.
month.
± % from
2017
January 6,55 7,20 6,35 -1,74% -11,81%
February 6,55 7,19 6,20 -2,36% -13,74%
March 6,53 7,03 6,10 -1,61% -13,17%
April 6,45 6,80 6,13 +0,55% -9,80%
May 6,37 6,68 6,23 +1,49% -6,74%
June 6,30 6,73 6,25 +0,40% -7,06%
July 6,30 6,78 6,18 -1,12% -8,78%
August 6,33 6,78 6,15 -0,49% -9,23%
September 6,38 6,78 6,27 +1,93% -7,47%
October 6,49 6,71 6,53 +4,17% -2,61%
November 6,73 6,55 6,81 +4,33% +4,01%
December 7,06 6,46 7,10 +4,22% +9,86%
Average 6,50 6,80 6,36
Variazione¹ % +1,74% +4,64% -6,56%
Last Update: 2018-12-10
1) change from the same period of previous year
Source: Milan Chamber of Commerce
 
Parmigiano Reggiano
Aging 12 months  (€/kg)
Month 2016 2017 2018 ± on prev.
month.
± % from
2017
January 7,87 9,61 9,69 +0,91% +0,85%
February 8,04 9,63 9,75 +0,65% +1,30%
March 8,20 9,63 9,75 0,00% +1,30%
April 8,20 9,58 9,75 0,00% +1,83%
May 8,20 9,48 9,75 0,00% +2,90%
June 8,15 9,50 9,75 0,00% +2,63%
July 8,18 9,58 9,75 0,00% +1,83%
August 8,28 9,58 9,75 0,00% +1,83%
September 8,36 9,58 9,75 0,00% +1,83%
October 8,54 9,58 9,87 +1,23% +3,08%
November 8,80 9,58 10,01 +1,44% +4,57%
December 9,26 9,60 10,28 +2,62% +7,03%
Average 8,34 9,57 9,82
Variazione¹ % +10,85% +14,80% +2,58%
Last Update: 2018-12-10
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 2016 2017 2018 ± on prev.
month.
± % from
2017
January 7,40 8,03 7,02 -0,82% -12,65%
February 7,39 7,98 6,87 -2,11% -13,95%
March 7,28 7,72 6,83 -0,64% -11,63%
April 7,16 7,41 6,88 +0,73% -7,25%
May 7,10 7,26 6,97 +1,37% -4,04%
June 7,07 7,44 6,98 +0,09% -6,19%
July 7,03 7,48 6,86 -1,61% -8,19%
August 7,04 7,48 6,69 -2,49% -10,48%
September 7,13 7,48 6,89 +2,93% -7,86%
October 7,28 7,36 7,28 +5,63% -1,19%
November 7,53 7,16 7,55 +3,78% +5,52%
December 7,95 7,08 7,80 +3,31% +10,25%
Average 7,28 7,49 7,05
Variazione¹ % +1,42% +2,88% -5,86%
Last Update: 2018-12-13
1) change from the same period of previous year
Source: Mantua Chamber of Commerce
 
Parmigiano Reggiano
Aging 24 months  (€/kg)
Month 2016 2017 2018 ± on prev.
month.
± % from
2017
January 9,74 11,05 11,64 +0,76% +5,32%
February 9,84 11,11 11,70 +0,54% +5,29%
March 9,93 11,13 11,70 0,00% +5,17%
April 9,93 11,11 11,70 -0,00% +5,29%
May 9,93 11,15 11,70 +0,00% +4,93%
June 9,88 11,30 11,70 0,00% +3,54%
July 9,90 11,38 11,75 +0,43% +3,30%
August 10,00 11,38 11,90 +1,28% +4,62%
September 10,09 11,38 12,15 +2,10% +6,81%
October 10,26 11,39 12,36 +1,69% +8,52%
November 10,50 11,53 12,64 +2,29% +9,65%
December 10,83 11,55 13,00 +2,87% +12,55%
Average 10,07 11,29 11,99
Variazione¹ % +6,26% +12,12% +6,27%
Last Update: 2018-12-10
1) change from the same period of previous year
Source: Milan Chamber of Commerce