Maize (corn) — Producer Price in Nigeria
Nigeria: Maize (corn) — Producer Price was 245.8 USD in 2020. ▲ Rising
Maize (corn) — Producer Price in Nigeria, 1991–2020
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Nigeria recorded 245.8 USD for maize (corn) — producer price in 2020.
Compared with earlier readings it is down 26.2% over ten years.
Over the whole period, maize (corn) — producer price in Nigeria peaked at 695.5 USD in 2008 and was at its lowest, 156.2 USD, in 1994.
That places Nigeria 80th out of 124 countries with data for 2020, putting it in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Maize (corn) — Producer Price in Nigeria, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 334.8 USD | — |
| 1992 | 318.8 USD | -4.8% |
| 1993 | 338.1 USD | +6.1% |
| 1994 | 156.2 USD | -53.8% |
| 1995 | 235.9 USD | +51.0% |
| 1996 | 230.3 USD | -2.4% |
| 1997 | 295.2 USD | +28.2% |
| 1998 | 318.5 USD | +7.9% |
| 1999 | 207.8 USD | -34.8% |
| 2001 | 341.4 USD | +64.3% |
| 2002 | 383 USD | +12.2% |
| 2003 | 294.2 USD | -23.2% |
| 2004 | 335.5 USD | +14.0% |
| 2005 | 477.4 USD | +42.3% |
| 2006 | 438.3 USD | -8.2% |
| 2007 | 419.7 USD | -4.2% |
| 2008 | 695.5 USD | +65.7% |
| 2009 | 169.9 USD | -75.6% |
| 2010 | 333 USD | +96.0% |
| 2011 | 342.7 USD | +2.9% |
| 2012 | 349 USD | +1.8% |
| 2013 | 354.3 USD | +1.5% |
| 2020 | 245.8 USD | -30.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 270.62 USD | 156.2 USD | 338.1 USD | 9 |
| 2000s | 394.99 USD | 169.9 USD | 695.5 USD | 9 |
| 2010s | 344.75 USD | 333 USD | 354.3 USD | 4 |
| 2020s | 245.8 USD | 245.8 USD | 245.8 USD | 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)
- GNI, Atlas method (current US$), annual growth rate -18.64 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.11 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 1,362 current US$ per person (2025)
- GNI (current US$), annual growth rate 14.23 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9687 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 1,186 current US$ per person (2025)
- GNI (current LCU), annual growth rate 17.36 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1,471 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is maize (corn) — producer price in Nigeria?
- Maize (corn) — producer price in Nigeria was 245.8 USD 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 695.5 USD in 2008.
- What is the lowest maize (corn) — producer price recorded in Nigeria?
- The lowest recorded value was 156.2 USD in 1994.
- How does Nigeria rank for maize (corn) — producer price?
- Nigeria ranks 80th out of 124 countries with data for 2020.
- Is maize (corn) — producer price rising or falling in Nigeria?
- Over the last ten years it is down 26.2%. The long-run trend across the full record is rising.
- 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 (USD/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.