Groundnuts, excluding shelled — Producer Price in Nigeria
Nigeria: Groundnuts, excluding shelled — Producer Price was 349,592 LCU in 2020. ◆ Volatile
Groundnuts, excluding shelled — Producer Price in Nigeria, 1991–2020
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
The most recent figure for groundnuts, excluding shelled — producer price in Nigeria is 349,592 LCU, measured in 2020. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 0.4% on the previous year and up 859.1% over ten years.
Over the whole period, groundnuts, excluding shelled — producer price in Nigeria peaked at 349,592 LCU in 2020 and was at its lowest, 6,280 LCU, in 1991.
That places Nigeria 18th out of 63 countries with data for 2020, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Groundnuts, excluding shelled — Producer Price in Nigeria, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 6,280 LCU | — |
| 1992 | 6,843 LCU | +9.0% |
| 1993 | 15,210 LCU | +122.3% |
| 1994 | 13,500 LCU | -11.2% |
| 1995 | 20,067 LCU | +48.6% |
| 1996 | 24,125 LCU | +20.2% |
| 1997 | 17,797 LCU | -26.2% |
| 1998 | 21,509 LCU | +20.9% |
| 1999 | 28,097 LCU | +30.6% |
| 2000 | 27,993 LCU | -0.4% |
| 2001 | 40,640 LCU | +45.2% |
| 2002 | 51,010 LCU | +25.5% |
| 2003 | 49,050 LCU | -3.8% |
| 2004 | 58,410 LCU | +19.1% |
| 2005 | 60,330 LCU | +3.3% |
| 2006 | 69,926 LCU | +15.9% |
| 2007 | 57,183 LCU | -18.2% |
| 2008 | 62,789 LCU | +9.8% |
| 2009 | 26,900 LCU | -57.2% |
| 2010 | 36,450 LCU | +35.5% |
| 2011 | 39,130 LCU | +7.4% |
| 2012 | 40,510 LCU | +3.5% |
| 2013 | 42,130 LCU | +4.0% |
| 2019 | 348,132 LCU | +726.3% |
| 2020 | 349,592 LCU | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17,048 LCU | 6,280 LCU | 28,097 LCU | 9 |
| 2000s | 50,423 LCU | 26,900 LCU | 69,926 LCU | 10 |
| 2010s | 101,270 LCU | 36,450 LCU | 348,132 LCU | 5 |
| 2020s | 349,592 LCU | 349,592 LCU | 349,592 LCU | 1 |
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)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.18 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 348.91 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 427,154 current LCU per person (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 2.92 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 0.4555 constant 2015 US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 557.59 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added (constant LCU) 2.92 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (constant LCU), per 209.92 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is groundnuts, excluding shelled — producer price in Nigeria?
- Groundnuts, excluding shelled — producer price in Nigeria was 349,592 LCU in 2020, according to Food and Agriculture Organization of the United Nations.
- What is the highest groundnuts, excluding shelled — producer price recorded in Nigeria?
- The highest recorded value was 349,592 LCU in 2020.
- What is the lowest groundnuts, excluding shelled — producer price recorded in Nigeria?
- The lowest recorded value was 6,280 LCU in 1991.
- How does Nigeria rank for groundnuts, excluding shelled — producer price?
- Nigeria ranks 18th out of 63 countries with data for 2020.
- Is groundnuts, excluding shelled — producer price rising or falling in Nigeria?
- Over the last ten years it is up 859.1%. 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 Groundnuts, excluding shelled — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 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.