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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.

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 +1,25% +4,71%
May 10,60 10,15 10,69 +0,23% +5,30%
June 10,60 10,05 10,84 +1,44% +7,88%
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-Jun 10,49 10,26 10,49
Change¹ % +1,80% -2,16% +2,24%
Average 10,54 10,08
Change¹ % +2,82% -4,37%
Last Update:17-06-2024
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; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
  min price
  max price
 
Month 2022 2023 2024 ± on prev.
month.
± % from
2023
January 11,70 11,86 10,90 +0,69% -8,11%
February 11,70 11,65 11,26 +3,33% -3,33%
March 11,79 11,48 11,51 +2,16% +0,27%
April 11,90 11,29 11,64 +1,14% +3,06%
May 11,93 11,15 11,66 +0,21% +4,60%
June 11,93 11,03 11,82 +1,32% +7,18%
July 11,93 11,03  
August 11,93 10,93  
September 11,93 10,88  
October 11,93 10,83  
November 11,93 10,83  
December 11,93 10,83  
Jan-Jun 11,82 11,41 11,46
Change¹ % +1,08% -3,51% +0,48%
Average 11,87 11,14
Change¹ % +1,48% -6,18%
Last Update:17-06-2024
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; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
  min price
  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 12,44 +1,07% +2,86%
May 12,73 11,95 12,46 +0,20% +4,29%
June 12,73 11,83 12,62 +1,24% +6,69%
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-Jun 12,64 12,21 12,26
Change¹ % +1,14% -3,41% +0,45%
Average 12,68 11,94
Change¹ % +1,34% -5,85%
Last Update:17-06-2024
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; since January 2018, Metropolitana Milano MonzaBrianza Lodi Chamber of Commerce
  min price
  max price
Month 2009 2014 2019 2020 2021 2022 2023 2024 ± % on
2023
± % on
2022
January 256.014 287.153 320.858 335.804 348.035 354.389 350.956 353.444 +0,7% -0,3%
February 239.501 267.948 300.897 326.163 325.301 330.513 325.504 343.274 +5,5% +3,9%
March 270.706 300.598 340.210 354.866 368.061 369.827 367.214 374.814 +2,1% +1,3%
April 261.155 291.564 330.507 341.756 357.349 357.864 355.460 362.076 +1,9% +1,2%
May 259.656 293.847 334.267 347.704 365.119 362.748 360.671 367.076 +1,8% +1,2%
June 243.127 272.452 309.360 327.151 339.667 336.357 337.892
July 238.968 274.990 301.983 326.865 339.020 331.251 331.625
August 230.181 266.309 298.590 311.966 329.571 320.684 322.142
September 224.464 253.087 289.720 303.711 319.961 303.217 305.666
October 236.667 259.595 303.115 316.713 330.638 312.423 313.532
November 235.505 257.559 301.106 311.721 325.636 300.677 308.726
December 250.440 272.621 323.580 333.403 342.786 322.320 334.912
Jan-May 1.287.032 1.441.110 1.626.739 1.706.293 1.763.865 1.775.341 1.759.805 1.800.684
% y-o-y ¹ -4,0% +12,0% +12,9% +4,9% +3,4% +0,7% -0,9% +2,3%
Total Year 2.946.384 3.297.723 3.754.193 3.937.823 4.091.144 4.002.270 4.014.300
% y-o-y ¹ -4,4% +11,9% +13,8% +4,9% +3,9% -2,2% +0,3%
Last Update: 12-06-2024
1) change from the same period of previous year , except for years 2009, 2014, 2019, where the change is from the same period 5 years ago
Source: Parmigiano Reggiano Cheese Consortium - Italy
 
Min Production in the last 5 years
 
Max Production in the last 5 years