Wheat — Producer Price in Russian Federation
Russian Federation: Wheat — Producer Price was 11,266 LCU in 2023. ◆ Volatile
Wheat — Producer Price in Russian Federation, 1992–2023
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
In 2023, wheat — producer price in Russian Federation stood at 11,266 LCU.
The figure is up 4.8% on the previous year and up 67.0% over ten years.
Over the whole period, wheat — producer price in Russian Federation peaked at 639,900 LCU in 1996 and was at its lowest, 546 LCU, in 1998.
Russian Federation ranks 34th of 93 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Wheat — Producer Price in Russian Federation, year by year
| Year | LCU | Change |
|---|---|---|
| 1992 | 8,200 LCU | — |
| 1993 | 48,200 LCU | +487.8% |
| 1994 | 106,000 LCU | +119.9% |
| 1995 | 365,300 LCU | +244.6% |
| 1996 | 639,900 LCU | +75.2% |
| 1997 | 621,800 LCU | -2.8% |
| 1998 | 546 LCU | -99.9% |
| 1999 | 1,488 LCU | +172.5% |
| 2000 | 2,179 LCU | +46.4% |
| 2001 | 2,242 LCU | +2.9% |
| 2002 | 1,751 LCU | -21.9% |
| 2003 | 2,423 LCU | +38.4% |
| 2004 | 3,242 LCU | +33.8% |
| 2005 | 2,508 LCU | -22.6% |
| 2006 | 3,060 LCU | +22.0% |
| 2007 | 4,653 LCU | +52.1% |
| 2008 | 5,103 LCU | +9.7% |
| 2009 | 4,260 LCU | -16.5% |
| 2010 | 4,772 LCU | +12.0% |
| 2011 | 4,761 LCU | -0.2% |
| 2012 | 8,875 LCU | +86.4% |
| 2013 | 6,745 LCU | -24.0% |
| 2014 | 7,871 LCU | +16.7% |
| 2015 | 9,514 LCU | +20.9% |
| 2016 | 8,310 LCU | -12.7% |
| 2017 | 6,776 LCU | -18.5% |
| 2018 | 10,462 LCU | +54.4% |
| 2019 | 10,459 LCU | -0.0% |
| 2020 | 14,830 LCU | +41.8% |
| 2021 | 15,133 LCU | +2.0% |
| 2022 | 10,754 LCU | -28.9% |
| 2023 | 11,266 LCU | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 223,929 LCU | 546 LCU | 639,900 LCU | 8 |
| 2000s | 3,142 LCU | 1,751 LCU | 5,103 LCU | 10 |
| 2010s | 7,854 LCU | 4,761 LCU | 10,462 LCU | 10 |
| 2020s | 12,996 LCU | 10,754 LCU | 15,133 LCU | 4 |
Countries ranked near Russian Federation
More economy & growth data for Russian Federation
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 4.8 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local 6 % (2024)
- Gross Fixed Capital Formation — Annual growth Standard Local Currency 14.71 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 24.06 % (2024)
- Gross Fixed Capital Formation — Share of GDP Standard Local Currency 22.52 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 24.06 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 22.52 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 387,507 million USD (2024)
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 23.61 million million SLC (2024)
Frequently asked questions
- What is wheat — producer price in Russian Federation?
- Wheat — producer price in Russian Federation was 11,266 LCU in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest wheat — producer price recorded in Russian Federation?
- The highest recorded value was 639,900 LCU in 1996.
- What is the lowest wheat — producer price recorded in Russian Federation?
- The lowest recorded value was 546 LCU in 1998.
- How does Russian Federation rank for wheat — producer price?
- Russian Federation ranks 34th out of 93 countries with data for 2023.
- Is wheat — producer price rising or falling in Russian Federation?
- Over the last ten years it is up 67.0%. The long-run trend across the full record is volatile.
- Where does this Russian Federation 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.
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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.