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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.

Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 7.290 9.413 8.925 +1,28% -5,18%
February 7.388 9.300 8.942 +0,19% -3,85%
March 7.625 9.125  
April 8.138 9.008  
May 8.840 8.875  
June 8.900 8.725  
July 8.900 8.725  
August 8.900 8.725  
September 8.950 8.725  
October 9.031 8.725  
November 9.313 8.750  
December 9.425 8.813  
Jan-Feb 7.339 9.356 8.933
Change¹ % -2,39% +27,49% -4,52%
Average 8.539 8.903
Change¹ % +19,01% +4,27%
Last Update:19-02-2024
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
*: Aged 9 months
Source: CCIAA Milano
  min price
  max price
 
Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 10.330 10.538 9.925 +0,76% -5,81%
February 10.350 10.338 10.242 +3,19% -0,93%
March 10.463 10.300  
April 10.575 10.183  
May 10.600 10.150  
June 10.600 10.050  
July 10.600 10.050  
August 10.600 9.950  
September 10.600 9.900  
October 10.600 9.850  
November 10.600 9.850  
December 10.600 9.850  
Jan-Feb 10.340 10.438 10.083
Change¹ % -0,04% +0,94% -3,39%
Average 10.540 10.079
Change¹ % +2,82% -4,37%
Last Update:19-02-2024
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
*: Aged 12 months or more
Source: CCIAA Milano
  min price
  max price
Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 4.156 4.100 4.100 +1,65% 0,00%
February 4.400 3.475 4.150 +1,22% +19,42%
March 4.620 3.370  
April 4.925 3.500  
May 5.125 3.510  
June 5.310 3.594  
July 5.350 3.644  
August 5.350 3.650  
September 5.350 3.650  
October 5.350 3.719  
November 5.255 3.919  
December 4.783 4.033  
Jan-Feb 4.278 3.788 4.125
Change¹ % +38,56% -11,47% +8,91%
Average 5.013 3.663
Change¹ % +51,37% -26,93%
Last Update:21-02-2024
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: ZMP; since May 6,2009 "Süddeutsche Butter - und Käsebörse eV, Kempten"
  min price
  max price
 
Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 4.920 4.631 3.817 +0,39% -17,57%
February 4.942 4.610 3.973 +4,07% -13,82%
March 5.618 4.363  
April 5.773 4.005  
May 5.652 4.216  
June 5.076 4.484  
July 5.104 3.898  
August 4.991 3.748  
September 5.233 3.875  
October 5.080 3.691  
November 4.750 3.631  
December 4.680 3.803  
Jan-Feb 4.931 4.621 3.895
Change¹ % +44,24% -6,30% -15,70%
Average 5.179 4.083
Change¹ % +38,40% -21,17%
Last Update:16-02-2024
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: USDA
  min price
  max price
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