Soya beans — Producer Price Index in Nigeria

Nigeria: Soya beans — Producer Price Index was 230.07 in 2025. ◆ Volatile

Latest (2025)
230.07
Change on year
up 5.0%
World rank
9th
of 74 countries
All-time high
230.07
in 2025
All-time low
3.86
in 1991
Years of data
35
1991–2025

Soya beans — Producer Price Index in Nigeria, 1991–2025

0501001502002501991200820251991: 3.91992: 5.11993: 13.41994: 12.41995: 18.41996: 301997: 27.51998: 321999: 38.82000: 33.32001: 47.22002: 46.62003: 51.22004: 61.82005: 682006: 65.32007: 64.52008: 83.32009: 71.32010: 62.32011: 65.32012: 68.72013: 68.32014: 92.42015: 95.32016: 112.32017: 139.92018: 139.12019: 150.12020: 176.82021: 180.62022: 2012023: 208.22024: 219.12025: 230.1

Source: Food and Agriculture Organization of the United Nations.

Analysis

Nigeria recorded 230.07 for soya beans — producer price index in 2025. That is the highest value across all 35 years on record.

The figure is up 5.0% on the previous year and up 141.3% over ten years.

Over the whole period, soya beans — producer price index in Nigeria peaked at 230.07 in 2025 and was at its lowest, 3.86, in 1991.

That places Nigeria 9th out of 74 countries with data for 2025, putting it in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Soya beans — Producer Price Index in Nigeria, year by year

Annual values for Soya beans — Producer Price Index (2014-2016 = 100) in Nigeria, 1991 to 2025.
Year Value Change
1991 3.86
1992 5.14 +33.2%
1993 13.4 +160.7%
1994 12.44 -7.2%
1995 18.36 +47.6%
1996 30.02 +63.5%
1997 27.49 -8.4%
1998 32.04 +16.6%
1999 38.83 +21.2%
2000 33.27 -14.3%
2001 47.19 +41.8%
2002 46.57 -1.3%
2003 51.24 +10.0%
2004 61.77 +20.6%
2005 68.04 +10.2%
2006 65.33 -4.0%
2007 64.48 -1.3%
2008 83.26 +29.1%
2009 71.35 -14.3%
2010 62.31 -12.7%
2011 65.35 +4.9%
2012 68.71 +5.1%
2013 68.28 -0.6%
2014 92.4 +35.3%
2015 95.33 +3.2%
2016 112.26 +17.8%
2017 139.95 +24.7%
2018 139.07 -0.6%
2019 150.13 +8.0%
2020 176.75 +17.7%
2021 180.56 +2.2%
2022 201.04 +11.3%
2023 208.2 +3.6%
2024 219.13 +5.2%
2025 230.07 +5.0%

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.18 3.86 38.83 9
2000s 59.25 33.27 83.26 10
2010s 99.38 62.31 150.13 10
2020s 202.62 176.75 230.07 6

Countries ranked near Nigeria

  1. 6 Rwanda 240.4 compare
  2. 6 Viet Nam 135.89 compare
  3. 7 Ethiopia 240.22 compare
  4. 7 Timor-Leste 130.71 compare
  5. 8 Tajikistan 235.64 compare
  6. 10 Ukraine 228.79 compare
  7. 11 Belize 222.09 compare
  8. 12 Brazil 220.23 compare

See the full ranking of 85 places →

More economy & growth data for Nigeria

All data for Nigeria →

Frequently asked questions

What is soya beans — producer price index in Nigeria?
Soya beans — producer price index in Nigeria was 230.07 in 2025, according to Food and Agriculture Organization of the United Nations.
What is the highest soya beans — producer price index recorded in Nigeria?
The highest recorded value was 230.07 in 2025.
What is the lowest soya beans — producer price index recorded in Nigeria?
The lowest recorded value was 3.86 in 1991.
How does Nigeria rank for soya beans — producer price index?
Nigeria ranks 9th out of 74 countries with data for 2025.
Is soya beans — producer price index rising or falling in Nigeria?
Over the last ten years it is up 141.3%. 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 Soya beans — Producer Price Index (2014-2016 = 100). Statizoid updates them automatically from the source API.

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Soya beans — Producer Price Index in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 04 September 2026, from https://economy.statizoid.com/stat/soya-beans-producer-price-index-2014-2016-100/nigeria/

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About this data

Indicator
Soya beans — Producer Price Index (2014-2016 = 100)
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
85 places, 2,792 data points, 1991–2025
Last refreshed

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.