Wheat — Producer Price in Nigeria
Nigeria: Wheat — Producer Price was 37,360 LCU in 2013. ▲ Rising
Wheat — Producer Price in Nigeria, 1991–2013
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
The most recent figure for wheat — producer price in Nigeria is 37,360 LCU, measured in 2013.
Compared with earlier readings it is up 9.9% on the previous year and down 15.1% over ten years.
Over the whole period, wheat — producer price in Nigeria peaked at 80,500 LCU in 2008 and was at its lowest, 5,342 LCU, in 1991.
Nigeria ranks 26th of 93 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Wheat — Producer Price in Nigeria, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 5,342 LCU | — |
| 1992 | 9,120 LCU | +70.7% |
| 1993 | 11,940 LCU | +30.9% |
| 1994 | 12,760 LCU | +6.9% |
| 1995 | 20,210 LCU | +58.4% |
| 1996 | 30,520 LCU | +51.0% |
| 1997 | 33,020 LCU | +8.2% |
| 1998 | 34,030 LCU | +3.1% |
| 1999 | 41,230 LCU | +21.2% |
| 2001 | 52,180 LCU | +26.6% |
| 2002 | 44,110 LCU | -15.5% |
| 2003 | 44,000 LCU | -0.2% |
| 2004 | 52,180 LCU | +18.6% |
| 2005 | 60,140 LCU | +15.3% |
| 2006 | 53,856 LCU | -10.4% |
| 2007 | 64,501 LCU | +19.8% |
| 2008 | 80,500 LCU | +24.8% |
| 2010 | 36,000 LCU | -55.3% |
| 2011 | 34,000 LCU | -5.6% |
| 2012 | 34,000 LCU | +0.0% |
| 2013 | 37,360 LCU | +9.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 22,019 LCU | 5,342 LCU | 41,230 LCU | 9 |
| 2000s | 56,433 LCU | 44,000 LCU | 80,500 LCU | 8 |
| 2010s | 35,340 LCU | 34,000 LCU | 37,360 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)
- Manufacturing, value added (current US$), per unit of GDP 0.0826 current US$ per US$ of GDP (2025)
- Manufacturing, value added (current US$), per capita 101.09 current US$ per person (2025)
- Manufacturing, value added (current LCU), per unit of GDP 125.38 current LCU per US$ of GDP (2025)
- Manufacturing, value added (current LCU), per capita 153,496 current LCU per person (2025)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.15 constant 2015 US$ per US$ of GDP (2025)
- Manufacturing, value added (constant 2015 US$), per capita 183.61 constant 2015 US$ per person (2025)
- Manufacturing, value added (constant LCU), per capita 75,054 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 4.17 % change on previous year (2025)
Frequently asked questions
- What is wheat — producer price in Nigeria?
- Wheat — producer price in Nigeria was 37,360 LCU in 2013, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — producer price recorded in Nigeria?
- The highest recorded value was 80,500 LCU in 2008.
- What is the lowest wheat — producer price recorded in Nigeria?
- The lowest recorded value was 5,342 LCU in 1991.
- How does Nigeria rank for wheat — producer price?
- Nigeria ranks 26th out of 93 countries with data for 2013.
- Is wheat — producer price rising or falling in Nigeria?
- Over the last ten years it is down 15.1%. 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 Wheat — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 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.