Production of Parmesan
cheese dipped 1.1% in December but exports of the hallowed
cheese increased by more than 5% in the first nine months of
2014 while Asian markets promise exponential growth in the
future, the Parmigiano Reggiano consortium said Thursday.
The slow-down in December following the hike in exports of
Parmesan amount to "a reversal of trend that meant 2014 ended
substantially stable" in what was "an important signal for the
markets".
"We are seeing a dip that indicates the way forward for
recovering equilibrium between demand and supply," the cheese
consortium said.
Exports for the first nine months of 2015 "appeared to be
increasing at levels above 5%," the consortium said.
Sales jumped 7% during Christmas and New Year's over the
same period in 2013, it added.
South Korea's decision to resume importing cheese bodes
well for the Italian cheese trade throughout Asia, which has
been trending upward in recent years, according to the
consortium.
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