Millet — Producer Price in Nigeria
Nigeria: Millet — Producer Price was 174,006 LCU in 2020. ◆ Volatile
Millet — Producer Price in Nigeria, 1991–2020
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
In 2020, millet — producer price in Nigeria stood at 174,006 LCU.
Compared with earlier readings it is down 3.9% on the previous year and up 314.5% over ten years.
Over the whole period, millet — producer price in Nigeria peaked at 181,110 LCU in 2019 and was at its lowest, 3,365 LCU, in 1991.
Nigeria ranks 14th of 44 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Millet — Producer Price in Nigeria, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 3,365 LCU | — |
| 1992 | 5,681 LCU | +68.8% |
| 1993 | 6,580 LCU | +15.8% |
| 1994 | 6,180 LCU | -6.1% |
| 1995 | 9,050 LCU | +46.4% |
| 1996 | 15,670 LCU | +73.1% |
| 1997 | 19,730 LCU | +25.9% |
| 1998 | 25,370 LCU | +28.6% |
| 1999 | 17,850 LCU | -29.6% |
| 2001 | 36,860 LCU | +106.5% |
| 2002 | 44,960 LCU | +22.0% |
| 2003 | 33,170 LCU | -26.2% |
| 2004 | 37,480 LCU | +13.0% |
| 2005 | 64,800 LCU | +72.9% |
| 2006 | 49,662 LCU | -23.4% |
| 2007 | 43,834 LCU | -11.7% |
| 2008 | 73,913 LCU | +68.6% |
| 2009 | 25,930 LCU | -64.9% |
| 2010 | 41,980 LCU | +61.9% |
| 2011 | 43,620 LCU | +3.9% |
| 2012 | 45,990 LCU | +5.4% |
| 2013 | 46,620 LCU | +1.4% |
| 2019 | 181,110 LCU | +288.5% |
| 2020 | 174,006 LCU | -3.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 12,164 LCU | 3,365 LCU | 25,370 LCU | 9 |
| 2000s | 45,623 LCU | 25,930 LCU | 73,913 LCU | 9 |
| 2010s | 71,864 LCU | 41,980 LCU | 181,110 LCU | 5 |
| 2020s | 174,006 LCU | 174,006 LCU | 174,006 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 millet — producer price in Nigeria?
- Millet — producer price in Nigeria was 174,006 LCU in 2020, according to Food and Agriculture Organization of the United Nations.
- What is the highest millet — producer price recorded in Nigeria?
- The highest recorded value was 181,110 LCU in 2019.
- What is the lowest millet — producer price recorded in Nigeria?
- The lowest recorded value was 3,365 LCU in 1991.
- How does Nigeria rank for millet — producer price?
- Nigeria ranks 14th out of 44 countries with data for 2020.
- Is millet — producer price rising or falling in Nigeria?
- Over the last ten years it is up 314.5%. 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 Millet — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 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.