Rice — Producer Price in Nigeria
Nigeria: Rice — Producer Price was 485.7 USD in 2020. ▼ Falling
Rice — Producer Price in Nigeria, 1991–2020
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2020, rice — producer price in Nigeria stood at 485.7 USD.
The figure is up 33.3% over ten years.
Over the whole period, rice — producer price in Nigeria peaked at 851.1 USD in 1993 and was at its lowest, 191.7 USD, in 2009.
Nigeria ranks 35th of 81 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Rice — Producer Price in Nigeria, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 761.3 USD | — |
| 1992 | 728.7 USD | -4.3% |
| 1993 | 851.1 USD | +16.8% |
| 1994 | 344.2 USD | -59.6% |
| 1995 | 232.6 USD | -32.4% |
| 1996 | 338.9 USD | +45.7% |
| 1997 | 321 USD | -5.3% |
| 1998 | 387 USD | +20.6% |
| 1999 | 292.7 USD | -24.4% |
| 2001 | 337 USD | +15.1% |
| 2002 | 377.8 USD | +12.1% |
| 2003 | 295.8 USD | -21.7% |
| 2004 | 347.4 USD | +17.4% |
| 2005 | 545 USD | +56.9% |
| 2006 | 511.9 USD | -6.1% |
| 2007 | 438.9 USD | -14.3% |
| 2008 | 633.8 USD | +44.4% |
| 2009 | 191.7 USD | -69.8% |
| 2010 | 364.4 USD | +90.1% |
| 2011 | 387.9 USD | +6.4% |
| 2012 | 364.4 USD | -6.1% |
| 2013 | 360.4 USD | -1.1% |
| 2020 | 485.7 USD | +34.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 473.06 USD | 232.6 USD | 851.1 USD | 9 |
| 2000s | 408.81 USD | 191.7 USD | 633.8 USD | 9 |
| 2010s | 369.27 USD | 360.4 USD | 387.9 USD | 4 |
| 2020s | 485.7 USD | 485.7 USD | 485.7 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)
- Services, value added (constant LCU), per capita 519,194 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 13.86 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 15.1 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9765 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,196 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 18.25 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,483 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 1.82 million current LCU per person (2025)
Frequently asked questions
- What is rice — producer price in Nigeria?
- Rice — producer price in Nigeria was 485.7 USD in 2020, according to Food and Agriculture Organization of the United Nations.
- What is the highest rice — producer price recorded in Nigeria?
- The highest recorded value was 851.1 USD in 1993.
- What is the lowest rice — producer price recorded in Nigeria?
- The lowest recorded value was 191.7 USD in 2009.
- How does Nigeria rank for rice — producer price?
- Nigeria ranks 35th out of 81 countries with data for 2020.
- Is rice — producer price rising or falling in Nigeria?
- Over the last ten years it is up 33.3%. The long-run trend across the full record is falling.
- Where does this Nigeria data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Rice — 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.