Palm kernels — Producer Price Index in Nigeria
Nigeria: Palm kernels — Producer Price Index was 98.79 in 2025. ◆ Volatile
Palm kernels — Producer Price Index in Nigeria, 1991–2025
Source: Food and Agriculture Organization of the United Nations.
Analysis
Nigeria recorded 98.79 for palm kernels — producer price index in 2025.
The figure is up 2.0% on the previous year and down 0.9% over ten years.
Over the whole period, palm kernels — producer price index in Nigeria peaked at 118.39 in 2014 and was at its lowest, 1.79, in 1991.
Nigeria ranks 26th of 28 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Palm kernels — Producer Price Index in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 1.79 | — |
| 1992 | 4.03 | +125.1% |
| 1993 | 7.47 | +85.4% |
| 1994 | 10.17 | +36.1% |
| 1995 | 22.44 | +120.6% |
| 1996 | 15.69 | -30.1% |
| 1997 | 11.71 | -25.4% |
| 1998 | 14.85 | +26.8% |
| 1999 | 13.53 | -8.9% |
| 2000 | 14.14 | +4.5% |
| 2001 | 20.53 | +45.2% |
| 2002 | 25.77 | +25.5% |
| 2003 | 24.78 | -3.8% |
| 2004 | 29.51 | +19.1% |
| 2005 | 30.48 | +3.3% |
| 2006 | 35.33 | +15.9% |
| 2007 | 28.89 | -18.2% |
| 2008 | 31.73 | +9.8% |
| 2009 | 13.59 | -57.2% |
| 2010 | 116.62 | +758.1% |
| 2011 | 116.54 | -0.1% |
| 2012 | 117.96 | +1.2% |
| 2013 | 116.12 | -1.6% |
| 2014 | 118.39 | +2.0% |
| 2015 | 99.69 | -15.8% |
| 2016 | 81.92 | -17.8% |
| 2017 | 73.06 | -10.8% |
| 2018 | 76.92 | +5.3% |
| 2019 | 85.51 | +11.2% |
| 2020 | 83.07 | -2.9% |
| 2021 | 79.58 | -4.2% |
| 2022 | 88.61 | +11.3% |
| 2023 | 99.52 | +12.3% |
| 2024 | 96.88 | -2.7% |
| 2025 | 98.79 | +2.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 11.3 | 1.79 | 22.44 | 9 |
| 2000s | 25.48 | 13.59 | 35.33 | 10 |
| 2010s | 100.27 | 73.06 | 118.39 | 10 |
| 2020s | 91.08 | 79.58 | 99.52 | 6 |
Countries ranked near Nigeria
- 23 Philippines 102.65 compare
- 24 Thailand 101.89 compare
- 25 Togo 101.38 compare
- 27 Ecuador 88.94 compare
- 28 Equatorial Guinea 71.02 compare
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 palm kernels — producer price index in Nigeria?
- Palm kernels — producer price index in Nigeria was 98.79 in 2025, according to Food and Agriculture Organization of the United Nations.
- What is the highest palm kernels — producer price index recorded in Nigeria?
- The highest recorded value was 118.39 in 2014.
- What is the lowest palm kernels — producer price index recorded in Nigeria?
- The lowest recorded value was 1.79 in 1991.
- How does Nigeria rank for palm kernels — producer price index?
- Nigeria ranks 26th out of 28 countries with data for 2025.
- Is palm kernels — producer price index rising or falling in Nigeria?
- Over the last ten years it is down 0.9%. 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 Palm kernels — Producer Price Index (2014-2016 = 100). 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.