Cocoa beans — Producer Price in Nigeria

Nigeria: Cocoa beans — Producer Price was 67,930 LCU in 2013. ◆ Volatile

Latest (2013)
67,930 LCU
Change on year
down 1.0%
World rank
15th
of 29 countries
All-time high
162,830 LCU
in 2011
All-time low
10,158 LCU
in 1991
Years of data
14
1991–2013

Cocoa beans — Producer Price in Nigeria, 1991–2013

050.0k100.0k150.0k1991200220131991: 10.2k LCU1992: 12.7k LCU1993: 25.3k LCU1994: 61.2k LCU1995: 73.4k LCU1996: 80.2k LCU1997: 89.7k LCU1998: 79.6k LCU1999: 85.8k LCU2000: 83.8k LCU2010: 155.2k LCU2011: 162.8k LCU2012: 68.6k LCU2013: 67.9k LCU

Source: Food and Agriculture Organization of the United Nations. Measured in LCU.

Analysis

The most recent figure for cocoa beans — producer price in Nigeria is 67,930 LCU, measured in 2013.

The figure is down 1.0% on the previous year and down 19.0% over ten years.

Over the whole period, cocoa beans — producer price in Nigeria peaked at 162,830 LCU in 2011 and was at its lowest, 10,158 LCU, in 1991.

That places Nigeria 15th out of 29 countries with data for 2013, putting it in the middle of the range.

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

Cocoa beans — Producer Price in Nigeria, year by year

Annual values for Cocoa beans — Producer Price (LCU/tonne) in Nigeria, 1991 to 2013.
Year LCU Change
1991 10,158 LCU
1992 12,745 LCU +25.5%
1993 25,278 LCU +98.3%
1994 61,180 LCU +142.0%
1995 73,402 LCU +20.0%
1996 80,222 LCU +9.3%
1997 89,687 LCU +11.8%
1998 79,600 LCU -11.2%
1999 85,766 LCU +7.7%
2000 83,818 LCU -2.3%
2010 155,180 LCU +85.1%
2011 162,830 LCU +4.9%
2012 68,610 LCU -57.9%
2013 67,930 LCU -1.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 57,560 LCU 10,158 LCU 89,687 LCU 9
2000s 83,818 LCU 83,818 LCU 83,818 LCU 1
2010s 113,638 LCU 67,930 LCU 162,830 LCU 4

Countries ranked near Nigeria

  1. 12 Philippines 245,799 LCU compare
  2. 13 Vanuatu 232,000 LCU compare
  3. 14 Congo 140,000 LCU compare
  4. 16 Nicaragua 67,519 LCU compare
  5. 17 Mexico 42,557 LCU compare
  6. 18 Malaysia 36,648 LCU compare

See the full ranking of 32 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is cocoa beans — producer price in Nigeria?
Cocoa beans — producer price in Nigeria was 67,930 LCU in 2013, according to Food and Agriculture Organization of the United Nations.
What is the highest cocoa beans — producer price recorded in Nigeria?
The highest recorded value was 162,830 LCU in 2011.
What is the lowest cocoa beans — producer price recorded in Nigeria?
The lowest recorded value was 10,158 LCU in 1991.
How does Nigeria rank for cocoa beans — producer price?
Nigeria ranks 15th out of 29 countries with data for 2013.
Is cocoa beans — producer price rising or falling in Nigeria?
Over the last ten years it is down 19.0%. 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 (LCU/tonne). Statizoid updates them automatically from the source API.

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Cocoa beans — Producer Price in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 06 September 2026, from https://economy.statizoid.com/stat/cocoa-beans-producer-price-lcu-tonne-2/nigeria/

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About this data

Indicator
Cocoa beans — Producer Price (LCU/tonne)
Unit
LCU
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
32 places, 681 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.