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Salame Felino IGP, consumer turnover at 87 million euros and the pre-sliced remains above pre-pandemic levels (+9%)

Umberto Boschi:
president of the Protection
Consortium

In 2023, the labeled product exceeded 3.5 million kilograms. The pre-sliced is doing well, with 573,000 kilograms allocated compared to 526,000 in 2019. Boschi, president of the Protection Consortium: “Satisfied with the sector’s performance. But the raw material has seen unprecedented price increases, around 20%” Parma, April 15, 2024 – A slight increase in consumer turnover to 87 million euros. And pre-sliced, although down from last year when it was still feeling the positive boom linked to the Covid period, remains well above the 2019 levels (+9%).

Salame Felino IGP confirms good results even in the 2023 economic data, despite “an increase in raw material costs never seen before, around 20%,” as reiterated by Umberto Boschi, president of the Salame Felino IGP Protection Consortium.

Analyzing the data, the meat processing initiated in 2023 nearly reached 5.5 million kilograms; as for the final labeled product, 3.5 million kilograms were allocated, in line with the previous year’s numbers. Figures that rep resent a production value of around 40 million euros, while consumer turnover rose to 87 million, with a slight increase compared to 2022 (+3%).

The Consortium, which includes 14 producing companies in the Parma area for Salame Felino IGP, with about 500 workers between direct employees and those linked to the supply chain, confirmed that large-scale retail is the main commercialization channel.

Excellent feedback has been received from the cut counter thanks to the return of consumers to assisted markets. But even the pre-sliced, although physiologically down from last year’s record numbers, remains well above pre-Covid levels. In 2019, 526,000 kilograms were allocated to sliced; in 2023, the figure rose to 573,000 kilograms (+9%).

Finally, exports stand at about 3%, with Europe as the main reference market, but the Consortium during 2023 recorded further interest from several clients, particularly in markets outside the European Union and in the United States.

For Umberto Boschi, president of the Salame Felino IGP Protection Consortium, the 2023 numbers are positive: “We are satisfied with the stability recorded by the sector, with stable production in terms of overall volumes. Even more so considering that in the first months of 2024 we have already noted a satisfying increase in certified product.

Moreover, the pre-sliced data, well above that recorded in 2019, confirms the consumer’s appreciation for this specific sales method, for its ease of use, convenience, and availability.”

Meanwhile, concerns about the raw material price hikes: “2023 was a year marked by an increase in meat prices to levels never seen before.

Producers faced average increases, compared to 2022, of 20%. A growing trend that must necessarily be contained.”

www.salamefelinoigp.com

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