< >

Parmigiano Reggiano: Prices and Production

On this page, you will find:
  • a graph that shows the average monthly prices of the veined Italian blue Parmigiano Reggiano cheese, aged for 12 months and over aged lot(s), aged for 18 months, aged for 24 months and aged for 30 months, quoted weekly at the Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce;
  • a chart representing the evolution, month by month, of 's production;
  • a graph shows the comparison between the 24-month aged Parmigiano Reggiano Cheese price and the number of 24-month aged wheels;
  • three tables recording the average monthly wholesale prices;
  • a table with the time series of Parmigiano Reggiano's production (n° of wheels);
  • an area chart that displays the monthly evolution of Parmigiano Reggiano's production.

The Parmigiano Reggiano's price lines could be explained by the following :
  • seasonal fluctuation of production;
  • the seasonal demand (stronger in winter) and the cheese conservation;
  • export volumes;
  • the new entry on the domestic and international markets of counterfeits or similar products at low prices.

Parmigiano Reggiano
Aged 12 months and over aged lot(s)
Wholesale price  (€/kg)
Month 2017 2018 2019 ± on prev.
month.
± % from
2018
January 9,61 9,69 10,86 +4,51% +12,06%
February 9,63 9,75 10,93 +0,63% +12,05%
March 9,63 9,75 10,95 +0,23% +12,31%
April 9,58 9,75 10,95 0,00% +12,31%
May 9,48 9,75 10,95 0,00% +12,31%
June 9,50 9,75 10,95 0,00% +12,31%
July 9,58 9,75  
August 9,58 9,75  
September 9,58 9,75  
October 9,58 9,87  
November 9,58 10,01  
December 9,60 10,39  
Average 9,57 9,83 10,93
Variazione¹ % +14,80% +2,68% +12,22%
Last Update:10-06-2019
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
 
Parmigiano Reggiano
Aged up 18 months
Wholesale price  (€/kg)
Month 2017 2018 2019 ± on prev.
month.
± % from
2018
January 10,30 10,66 12,34 +2,76% +15,71%
February 10,36 10,73 12,38 +0,30% +15,38%
March 10,38 10,73 12,38 0,00% +15,38%
April 10,36 10,73 12,38 0,00% +15,38%
May 10,38 10,73 12,38 0,00% +15,38%
June 10,48 10,73 12,38 0,00% +15,38%
July 10,55 10,74  
August 10,55 10,88  
September 10,55 11,13  
October 10,55 11,29  
November 10,55 11,59  
December 10,58 12,01  
Average 10,47 10,99 12,37
Variazione¹ % +12,33% +5,04% +15,44%
Last Update:10-06-2019
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
Parmigiano Reggiano
Aged up 24 months
Wholesale price  (€/kg)
Month 2017 2018 2019 ± on prev.
month.
± % from
2018
January 11,05 11,64 13,31 +1,91% +14,39%
February 11,11 11,70 13,35 +0,28% +14,10%
March 11,13 11,70 13,35 0,00% +14,10%
April 11,11 11,70 13,35 0,00% +14,10%
May 11,15 11,70 13,35 0,00% +14,10%
June 11,30 11,70 13,35 -0,00% +14,10%
July 11,38 11,75  
August 11,38 11,90  
September 11,38 12,15  
October 11,39 12,36  
November 11,53 12,64  
December 11,55 13,06  
Average 11,29 12,00 13,34
Variazione¹ % +12,12% +6,32% +14,15%
Last Update:10-06-2019
1) change from the same period of previous year
Source: Milan Chamber of Commerce; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
Production of Parmigiano Reggiano
Number of wheels  
Month 2004 2009 2014 2015 2016 2017 2018 2019 ± % on
2018
± % on
2017
January 263.487 256.014 287.153 282.141 297.493 307.641 326.946 320.858 -1,9% +4,3%
February 256.779 239.501 267.948 259.834 288.521 289.230 302.362 300.897 -0,5% +4,0%
March 278.070 270.706 300.598 294.974 312.756 328.991 337.991 340.210 +0,7% +3,4%
April 270.012 261.155 291.564 288.204 303.498 320.158 329.333 330.507 +0,4% +3,2%
May 272.947 259.656 293.847 296.787 302.761 322.965 330.436 334.267 +1,2% +3,5%
June 251.025 243.127 272.452 279.919 281.821 297.888 304.229
July 247.813 238.968 274.990 264.789 280.040 300.477 304.689
August 243.771 230.181 266.309 262.551 279.184 289.158 288.815
September 240.615 224.464 253.087 253.965 266.618 285.738 281.548
October 251.680 236.667 259.595 266.599 281.318 299.643 294.611
November 244.288 235.505 257.559 265.966 278.414 295.164 290.008
December 260.015 250.440 272.621 286.924 297.441 313.521 308.733
Jan-May 1.341.295 1.287.032 1.441.110 1.421.940 1.505.029 1.568.985 1.627.068 1.626.739
% y-o-y ¹ +7,5% -4,0% +12,0% -1,3% +5,8% +4,2% +3,7% -0,0%
Total Year 3.080.502 2.946.384 3.297.723 3.302.653 3.469.865 3.650.574 3.699.701
% y-o-y ¹ +7,6% -4,4% +11,9% +0,1% +5,1% +5,2% +1,3%
Last Update: 12-06-2019
1) change from the same period of previous year , except for years 2004, 2009, 2014, where the change is from the same period 5 years ago
**: Adjusted for months of 30 days (Ex. The calculation of the production change of June compared to May is obtained by considering [June production] compared to [May production : 31 x 30])
Source: Parmigiano Reggiano Cheese Consortium - Italy
  = Min Production in the last 5 years
  = Max Production in the last 5 years