Palm oil — Producer Price Index in Nigeria
Nigeria: Palm oil — Producer Price Index was 137.58 in 2025. ▲ Rising
Palm oil — Producer Price Index in Nigeria, 1991–2025
Source: Food and Agriculture Organization of the United Nations.
Analysis
Nigeria recorded 137.58 for palm oil — producer price index in 2025. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 4.9% on the previous year and up 38.0% over ten years.
Over the whole period, palm oil — producer price index in Nigeria peaked at 137.58 in 2025 and was at its lowest, 3.81, in 1991.
That places Nigeria 16th out of 31 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Palm oil — Producer Price Index in Nigeria, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 3.81 | — |
| 1992 | 5.84 | +53.3% |
| 1993 | 13.81 | +136.5% |
| 1994 | 17.06 | +23.5% |
| 1995 | 42.02 | +146.3% |
| 1996 | 38.61 | -8.1% |
| 1997 | 34.29 | -11.2% |
| 1998 | 44.16 | +28.8% |
| 1999 | 52.82 | +19.6% |
| 2000 | 55.52 | +5.1% |
| 2001 | 55.85 | +0.6% |
| 2002 | 73.27 | +31.2% |
| 2003 | 70.46 | -3.8% |
| 2004 | 83.9 | +19.1% |
| 2005 | 86.66 | +3.3% |
| 2006 | 100.45 | +15.9% |
| 2007 | 82.14 | -18.2% |
| 2008 | 90.19 | +9.8% |
| 2009 | 38.64 | -57.2% |
| 2010 | 104.43 | +170.3% |
| 2011 | 114.21 | +9.4% |
| 2012 | 116.91 | +2.4% |
| 2013 | 116.12 | -0.7% |
| 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 | 93.36 | +21.4% |
| 2020 | 98.36 | +5.4% |
| 2021 | 99.58 | +1.2% |
| 2022 | 116.35 | +16.8% |
| 2023 | 128.55 | +10.5% |
| 2024 | 131.18 | +2.0% |
| 2025 | 137.58 | +4.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.05 | 3.81 | 52.82 | 9 |
| 2000s | 73.71 | 38.64 | 100.45 | 10 |
| 2010s | 99.5 | 73.06 | 118.39 | 10 |
| 2020s | 118.6 | 98.36 | 137.58 | 6 |
Countries ranked near Nigeria
- 13 Honduras 149.09 compare
- 14 Guinea-Bissau 147.5 compare
- 15 Sierra Leone 138.37 compare
- 17 China, mainland 136.65 compare
- 18 Burundi 132.3 compare
- 19 Thailand 126.56 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)
- 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 palm oil — producer price index in Nigeria?
- Palm oil — producer price index in Nigeria was 137.58 in 2025, according to Food and Agriculture Organization of the United Nations.
- What is the highest palm oil — producer price index recorded in Nigeria?
- The highest recorded value was 137.58 in 2025.
- What is the lowest palm oil — producer price index recorded in Nigeria?
- The lowest recorded value was 3.81 in 1991.
- How does Nigeria rank for palm oil — producer price index?
- Nigeria ranks 16th out of 31 countries with data for 2025.
- Is palm oil — producer price index rising or falling in Nigeria?
- Over the last ten years it is up 38.0%. 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 Palm oil — Producer Price Index (2014-2016 = 100). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 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.