Millet — Producer Price in Nigeria
Nigeria: Millet — Producer Price was 342.2 USD in 2020. ▲ Rising
Millet — Producer Price in Nigeria, 1991–2020
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2020, millet — producer price in Nigeria stood at 342.2 USD.
The figure is up 22.5% over ten years.
Over the whole period, millet — producer price in Nigeria peaked at 623.5 USD in 2008 and was at its lowest, 147.4 USD, in 1995.
Nigeria ranks 27th of 43 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 23 years of available data.
Millet — Producer Price in Nigeria, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 339.6 USD | — |
| 1992 | 328.4 USD | -3.3% |
| 1993 | 298.2 USD | -9.2% |
| 1994 | 173 USD | -42.0% |
| 1995 | 147.4 USD | -14.8% |
| 1996 | 205.5 USD | +39.4% |
| 1997 | 250.5 USD | +21.9% |
| 1998 | 307.3 USD | +22.7% |
| 1999 | 193.3 USD | -37.1% |
| 2001 | 331.4 USD | +71.4% |
| 2002 | 372.9 USD | +12.5% |
| 2003 | 256.7 USD | -31.2% |
| 2004 | 282 USD | +9.9% |
| 2005 | 493.6 USD | +75.0% |
| 2006 | 386 USD | -21.8% |
| 2007 | 348.4 USD | -9.7% |
| 2008 | 623.5 USD | +79.0% |
| 2009 | 174.1 USD | -72.1% |
| 2010 | 279.3 USD | +60.4% |
| 2011 | 283.5 USD | +1.5% |
| 2012 | 292 USD | +3.0% |
| 2013 | 296.4 USD | +1.5% |
| 2020 | 342.2 USD | +15.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 249.24 USD | 147.4 USD | 339.6 USD | 9 |
| 2000s | 363.18 USD | 174.1 USD | 623.5 USD | 9 |
| 2010s | 287.8 USD | 279.3 USD | 296.4 USD | 4 |
| 2020s | 342.2 USD | 342.2 USD | 342.2 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)
- Industry (including construction), value added (constant 2015 US$) 4.57 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2863 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 350.54 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual 4.57 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 127.87 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 156,550 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 24.94 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5823 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is millet — producer price in Nigeria?
- Millet — producer price in Nigeria was 342.2 USD 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 623.5 USD in 2008.
- What is the lowest millet — producer price recorded in Nigeria?
- The lowest recorded value was 147.4 USD in 1995.
- How does Nigeria rank for millet — producer price?
- Nigeria ranks 27th out of 43 countries with data for 2020.
- Is millet — producer price rising or falling in Nigeria?
- Over the last ten years it is up 22.5%. 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 Millet — 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.