Soya beans — Producer Price in Nigeria
Nigeria: Soya beans — Producer Price was 445 USD in 2013. ▲ Rising
Soya beans — Producer Price in Nigeria, 1991–2013
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Nigeria recorded 445 USD for soya beans — producer price in 2013.
The figure is down 0.5% on the previous year and up 9.4% over ten years.
Over the whole period, soya beans — producer price in Nigeria peaked at 720.2 USD in 2008 and was at its lowest, 304.9 USD, in 1992.
Nigeria ranks 38th of 57 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Soya beans — Producer Price in Nigeria, year by year
| Year | USD | Change |
|---|---|---|
| 1991 | 399.6 USD | — |
| 1992 | 304.9 USD | -23.7% |
| 1993 | 622.7 USD | +104.2% |
| 1994 | 357 USD | -42.7% |
| 1995 | 306.7 USD | -14.1% |
| 1996 | 403.6 USD | +31.6% |
| 1997 | 358 USD | -11.3% |
| 1998 | 397.9 USD | +11.1% |
| 1999 | 431.2 USD | +8.4% |
| 2000 | 335.5 USD | -22.2% |
| 2001 | 435 USD | +29.7% |
| 2002 | 396 USD | -9.0% |
| 2003 | 406.6 USD | +2.7% |
| 2004 | 476.6 USD | +17.2% |
| 2005 | 531.5 USD | +11.5% |
| 2006 | 520.7 USD | -2.0% |
| 2007 | 525.5 USD | +0.9% |
| 2008 | 720.2 USD | +37.1% |
| 2010 | 425.1 USD | -41.0% |
| 2011 | 435.5 USD | +2.4% |
| 2012 | 447.3 USD | +2.7% |
| 2013 | 445 USD | -0.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 397.96 USD | 304.9 USD | 622.7 USD | 9 |
| 2000s | 483.07 USD | 335.5 USD | 720.2 USD | 9 |
| 2010s | 438.23 USD | 425.1 USD | 447.3 USD | 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)
- 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 soya beans — producer price in Nigeria?
- Soya beans — producer price in Nigeria was 445 USD 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 720.2 USD in 2008.
- What is the lowest soya beans — producer price recorded in Nigeria?
- The lowest recorded value was 304.9 USD in 1992.
- How does Nigeria rank for soya beans — producer price?
- Nigeria ranks 38th out of 57 countries with data for 2013.
- Is soya beans — producer price rising or falling in Nigeria?
- Over the last ten years it is up 9.4%. 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 Soya beans — 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.