Cocoa beans — Producer Price Index in Nigeria

Nigeria: Cocoa beans — Producer Price Index was 90.97 in 2025. ◆ Volatile

Latest (2025)
90.97
Change on year
up 6.0%
World rank
33rd
of 35 countries
All-time high
336.71
in 2008
All-time low
17.36
in 1991
Years of data
35
1991–2025

Cocoa beans — Producer Price Index in Nigeria, 1991–2025

01002003001991200820251991: 17.41992: 21.81993: 43.21994: 104.61995: 125.51996: 137.11997: 153.31998: 136.11999: 146.62000: 143.32001: 183.12002: 2312003: 220.32004: 193.62005: 219.42006: 241.12007: 219.82008: 336.72009: 179.92010: 265.32011: 278.32012: 117.32013: 116.12014: 118.42015: 99.72016: 81.92017: 73.12018: 76.92019: 82.12020: 85.22021: 85.72022: 99.12023: 97.82024: 85.82025: 91

Source: Food and Agriculture Organization of the United Nations.

Analysis

In 2025, cocoa beans — producer price index in Nigeria stood at 90.97.

Compared with earlier readings it is up 6.0% on the previous year and down 8.7% over ten years.

Over the whole period, cocoa beans — producer price index in Nigeria peaked at 336.71 in 2008 and was at its lowest, 17.36, in 1991.

That places Nigeria 33rd out of 35 countries with data for 2025, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Cocoa beans — Producer Price Index in Nigeria, year by year

Annual values for Cocoa beans — Producer Price Index (2014-2016 = 100) in Nigeria, 1991 to 2025.
Year Value Change
1991 17.36
1992 21.79 +25.5%
1993 43.21 +98.3%
1994 104.58 +142.0%
1995 125.47 +20.0%
1996 137.13 +9.3%
1997 153.31 +11.8%
1998 136.07 -11.2%
1999 146.61 +7.7%
2000 143.28 -2.3%
2001 183.14 +27.8%
2002 230.97 +26.1%
2003 220.27 -4.6%
2004 193.55 -12.1%
2005 219.37 +13.3%
2006 241.08 +9.9%
2007 219.77 -8.8%
2008 336.71 +53.2%
2009 179.94 -46.6%
2010 265.26 +47.4%
2011 278.34 +4.9%
2012 117.28 -57.9%
2013 116.12 -1.0%
2014 118.39 +2.0%
2015 99.69 -15.8%
2016 81.92 -17.8%
2017 73.06 -10.8%
2018 76.92 +5.3%
2019 82.09 +6.7%
2020 85.19 +3.8%
2021 85.7 +0.6%
2022 99.11 +15.6%
2023 97.84 -1.3%
2024 85.84 -12.3%
2025 90.97 +6.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 98.39 17.36 153.31 9
2000s 216.81 143.28 336.71 10
2010s 130.91 73.06 278.34 10
2020s 90.77 85.19 99.11 6

Countries ranked near Nigeria

  1. 30 Saint Lucia 97.43 compare
  2. 31 Suriname 95.42 compare
  3. 32 Ghana 93.84 compare
  4. 34 Togo 80.2 compare
  5. 35 Equatorial Guinea 61.53 compare

See the full ranking of 37 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is cocoa beans — producer price index in Nigeria?
Cocoa beans — producer price index in Nigeria was 90.97 in 2025, according to Food and Agriculture Organization of the United Nations.
What is the highest cocoa beans — producer price index recorded in Nigeria?
The highest recorded value was 336.71 in 2008.
What is the lowest cocoa beans — producer price index recorded in Nigeria?
The lowest recorded value was 17.36 in 1991.
How does Nigeria rank for cocoa beans — producer price index?
Nigeria ranks 33rd out of 35 countries with data for 2025.
Is cocoa beans — producer price index rising or falling in Nigeria?
Over the last ten years it is down 8.7%. The long-run trend across the full record is volatile.
Where does this Nigeria data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Cocoa beans — Producer Price Index (2014-2016 = 100). Statizoid updates them automatically from the source API.

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Cocoa beans — Producer Price Index in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/cocoa-beans-producer-price-index-2014-2016-100/nigeria/

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About this data

Indicator
Cocoa beans — Producer Price Index (2014-2016 = 100)
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
37 places, 1,237 data points, 1991–2025
Last refreshed

This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.