Cocoa beans — Producer Price in Nigeria
Nigeria: Cocoa beans — Producer Price was 431.8 USD in 2013. ▼ Falling
Cocoa beans — Producer Price in Nigeria, 1991–2013
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Nigeria recorded 431.8 USD for cocoa beans — producer price in 2013. That is the lowest value across all 14 years on record.
Compared with earlier readings it is down 0.9% on the previous year and down 47.6% over ten years.
Over the whole period, cocoa beans — producer price in Nigeria peaked at 1,712 USD in 1994 and was at its lowest, 431.8 USD, in 2013.
Nigeria ranks 27th of 28 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 14 years of available data.
Cocoa beans — Producer Price in Nigeria, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 1,025 USD | — |
| 1992 | 736.8 USD | -28.1% |
| 1993 | 1,146 USD | +55.5% |
| 1994 | 1,712 USD | +49.5% |
| 1995 | 1,196 USD | -30.2% |
| 1996 | 1,052 USD | -12.0% |
| 1997 | 1,139 USD | +8.3% |
| 1998 | 964.2 USD | -15.3% |
| 1999 | 928.8 USD | -3.7% |
| 2000 | 824.2 USD | -11.3% |
| 2010 | 1,032 USD | +25.3% |
| 2011 | 1,058 USD | +2.5% |
| 2012 | 435.6 USD | -58.8% |
| 2013 | 431.8 USD | -0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,100 USD | 736.8 USD | 1,712 USD | 9 |
| 2000s | 824.2 USD | 824.2 USD | 824.2 USD | 1 |
| 2010s | 739.55 USD | 431.8 USD | 1,058 USD | 4 |
Countries ranked near Nigeria
More economy & growth data for Nigeria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.32 Percent per annum (2029)
- Manufacturing, value added (constant LCU), per capita 75,054 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 4.17 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.1644 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 201.31 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 7.02 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 249.67 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 305,664 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) 4.57 % change on previous year (2025)
Frequently asked questions
- What is cocoa beans — producer price in Nigeria?
- Cocoa beans — producer price in Nigeria was 431.8 USD 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 1,712 USD in 1994.
- What is the lowest cocoa beans — producer price recorded in Nigeria?
- The lowest recorded value was 431.8 USD in 2013.
- How does Nigeria rank for cocoa beans — producer price?
- Nigeria ranks 27th out of 28 countries with data for 2013.
- Is cocoa beans — producer price rising or falling in Nigeria?
- Over the last ten years it is down 47.6%. The long-run trend across the full record is falling.
- 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 (USD/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
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.