Meat of sheep, fresh or chilled — Producer Price in Nigeria
Nigeria: Meat of sheep, fresh or chilled — Producer Price was 4,589 USD in 2008. ▲ Rising
Meat of sheep, fresh or chilled — Producer Price in Nigeria, 1991–2008
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2008, meat of sheep, fresh or chilled — producer price in Nigeria stood at 4,589 USD. That is the highest value across all 17 years on record.
That represents a change of up 75.4% on the previous year and up 226.2% over ten years.
Over the whole period, meat of sheep, fresh or chilled — producer price in Nigeria peaked at 4,589 USD in 2008 and was at its lowest, 1,186 USD, in 1999.
Nigeria ranks 42nd of 72 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
Meat of sheep, fresh or chilled — Producer Price in Nigeria, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 2,462 USD | — |
| 1992 | 1,931 USD | -21.6% |
| 1993 | 2,706 USD | +40.2% |
| 1994 | 1,458 USD | -46.1% |
| 1995 | 1,419 USD | -2.7% |
| 1996 | 1,217 USD | -14.2% |
| 1997 | 1,376 USD | +13.0% |
| 1998 | 1,407 USD | +2.2% |
| 1999 | 1,186 USD | -15.6% |
| 2001 | 1,546 USD | +30.3% |
| 2002 | 1,794 USD | +16.0% |
| 2003 | 1,805 USD | +0.6% |
| 2004 | 1,874 USD | +3.8% |
| 2005 | 2,126 USD | +13.4% |
| 2006 | 2,172 USD | +2.2% |
| 2007 | 2,617 USD | +20.5% |
| 2008 | 4,589 USD | +75.4% |
Nigeria compared with similar countries
- Nigeria's 4,589 USD is above the median for lower middle income countries, which is 4,556 USD, 1.0× the median. (15 countries reporting)
- Nigeria's 4,589 USD is above the median for Sub-Saharan Africa, which is 4,461 USD, 1.0× the median. (10 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1,685 USD | 1,186 USD | 2,706 USD | 9 |
| 2000s | 2,315 USD | 1,546 USD | 4,589 USD | 8 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.19 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 5 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.01 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 148.16 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0138 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 16.86 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 13.91 % change on previous year (2025)
Frequently asked questions
- What is meat of sheep, fresh or chilled — producer price in Nigeria?
- Meat of sheep, fresh or chilled — producer price in Nigeria was 4,589 USD in 2008, according to Food and Agriculture Organization of the United Nations.
- What is the highest meat of sheep, fresh or chilled — producer price recorded in Nigeria?
- The highest recorded value was 4,589 USD in 2008.
- What is the lowest meat of sheep, fresh or chilled — producer price recorded in Nigeria?
- The lowest recorded value was 1,186 USD in 1999.
- How does Nigeria rank for meat of sheep, fresh or chilled — producer price?
- Nigeria ranks 42nd out of 72 countries with data for 2008.
- Is meat of sheep, fresh or chilled — producer price rising or falling in Nigeria?
- Over the last ten years it is up 226.2%. 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 Meat of sheep, fresh or chilled — 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.