Maize (corn) — Producer Price in Nigeria
Nigeria: Maize (corn) — Producer Price was 148,864 LCU in 2020. ◆ Volatile
Maize (corn) — Producer Price in Nigeria, 1991–2020
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
Nigeria recorded 148,864 LCU for maize (corn) — producer price in 2020.
That represents a change of down 2.0% on the previous year and up 197.4% over ten years.
Over the whole period, maize (corn) — producer price in Nigeria peaked at 151,880 LCU in 2019 and was at its lowest, 3,318 LCU, in 1991.
That places Nigeria 29th out of 128 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Maize (corn) — Producer Price in Nigeria, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 3,318 LCU | — |
| 1992 | 5,514 LCU | +66.2% |
| 1993 | 7,460 LCU | +35.3% |
| 1994 | 5,580 LCU | -25.2% |
| 1995 | 14,480 LCU | +159.5% |
| 1996 | 17,560 LCU | +21.3% |
| 1997 | 23,250 LCU | +32.4% |
| 1998 | 26,290 LCU | +13.1% |
| 1999 | 19,190 LCU | -27.0% |
| 2001 | 37,970 LCU | +97.9% |
| 2002 | 46,180 LCU | +21.6% |
| 2003 | 38,020 LCU | -17.7% |
| 2004 | 44,580 LCU | +17.3% |
| 2005 | 62,670 LCU | +40.6% |
| 2006 | 56,394 LCU | -10.0% |
| 2007 | 52,796 LCU | -6.4% |
| 2008 | 82,452 LCU | +56.2% |
| 2009 | 25,300 LCU | -69.3% |
| 2010 | 50,050 LCU | +97.8% |
| 2011 | 52,730 LCU | +5.4% |
| 2012 | 54,970 LCU | +4.2% |
| 2013 | 55,730 LCU | +1.4% |
| 2019 | 151,880 LCU | +172.5% |
| 2020 | 148,864 LCU | -2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13,627 LCU | 3,318 LCU | 26,290 LCU | 9 |
| 2000s | 49,596 LCU | 25,300 LCU | 82,452 LCU | 9 |
| 2010s | 73,072 LCU | 50,050 LCU | 151,880 LCU | 5 |
| 2020s | 148,864 LCU | 148,864 LCU | 148,864 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)
- Services, value added (constant LCU), per capita 519,194 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 13.86 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 15.1 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9765 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,196 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 18.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,483 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.82 million current LCU per person (2025)
Frequently asked questions
- What is maize (corn) — producer price in Nigeria?
- Maize (corn) — producer price in Nigeria was 148,864 LCU in 2020, according to Food and Agriculture Organization of the United Nations.
- What is the highest maize (corn) — producer price recorded in Nigeria?
- The highest recorded value was 151,880 LCU in 2019.
- What is the lowest maize (corn) — producer price recorded in Nigeria?
- The lowest recorded value was 3,318 LCU in 1991.
- How does Nigeria rank for maize (corn) — producer price?
- Nigeria ranks 29th out of 128 countries with data for 2020.
- Is maize (corn) — producer price rising or falling in Nigeria?
- Over the last ten years it is up 197.4%. 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 Maize (corn) — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
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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.