The Parmigiano Reggiano Consortium Presents its Results in the First 9 Months of 2022

Oct 25, 2022 518

During the General Meeting of the Consortium Members, the Parmigiano Reggiano Consortium presented the financial data of the first nine months of 2022 (January – September 2022). After a successful 2021, with a consumer turnover of 2.7 billion euros, the Consortium has recorded in 2022 a 2.9% increase of total sales (95,079 vs 92,366 tons) vs the first three quarters of 2021, with a volume increase also on international markets that have grown by 1.3% (43,887 vs 43,331 tons).

Sales on the Italian domestic market have also risen: +4.4% (51,191 vs 49,035 tons), thanks to the recovery of the restaurant channel and direct sales that have increased by 4 % (10,990 vs 10,570 tons). The member dairies of the Parmigiano Reggiano Consortium have therefore reacted well to the pandemic, to the uncertainties of the geopolitical crisis triggered by the Russian invasion of 24 February, to the rise in energy cost and to the reduction of the purchasing power of families in certain markets.  

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SOURCE: https://www.perishablenews.com

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