Soya beans — Producer Price in Nigeria
Nigeria: Soya beans — Producer Price was 70,010 LCU in 2013. ◆ Volatile
Soya beans — Producer Price in Nigeria, 1991–2013
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
In 2013, soya beans — producer price in Nigeria stood at 70,010 LCU.
Compared with earlier readings it is down 0.6% on the previous year and up 33.3% over ten years.
Over the whole period, soya beans — producer price in Nigeria peaked at 85,374 LCU in 2008 and was at its lowest, 3,960 LCU, in 1991.
That places Nigeria 19th out of 59 countries with data for 2013, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Soya beans — Producer Price in Nigeria, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 3,960 LCU | — |
| 1992 | 5,275 LCU | +33.2% |
| 1993 | 13,740 LCU | +160.5% |
| 1994 | 12,756 LCU | -7.2% |
| 1995 | 18,827 LCU | +47.6% |
| 1996 | 30,778 LCU | +63.5% |
| 1997 | 28,192 LCU | -8.4% |
| 1998 | 32,850 LCU | +16.5% |
| 1999 | 39,813 LCU | +21.2% |
| 2000 | 34,119 LCU | -14.3% |
| 2001 | 48,390 LCU | +41.8% |
| 2002 | 47,750 LCU | -1.3% |
| 2003 | 52,540 LCU | +10.0% |
| 2004 | 63,340 LCU | +20.6% |
| 2005 | 69,770 LCU | +10.2% |
| 2006 | 66,987 LCU | -4.0% |
| 2007 | 66,117 LCU | -1.3% |
| 2008 | 85,374 LCU | +29.1% |
| 2010 | 63,890 LCU | -25.2% |
| 2011 | 67,010 LCU | +4.9% |
| 2012 | 70,450 LCU | +5.1% |
| 2013 | 70,010 LCU | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 20,688 LCU | 3,960 LCU | 39,813 LCU | 9 |
| 2000s | 59,376 LCU | 34,119 LCU | 85,374 LCU | 9 |
| 2010s | 67,840 LCU | 63,890 LCU | 70,450 LCU | 4 |
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)
- 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 soya beans — producer price in Nigeria?
- Soya beans — producer price in Nigeria was 70,010 LCU in 2013, according to Food and Agriculture Organization of the United Nations.
- What is the highest soya beans — producer price recorded in Nigeria?
- The highest recorded value was 85,374 LCU in 2008.
- What is the lowest soya beans — producer price recorded in Nigeria?
- The lowest recorded value was 3,960 LCU in 1991.
- How does Nigeria rank for soya beans — producer price?
- Nigeria ranks 19th out of 59 countries with data for 2013.
- Is soya beans — 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 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 (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 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.