Cashew nuts, in shell — Gross Production Value in Nigeria

Nigeria: Cashew nuts, in shell — Gross Production Value was 2,914 1000 USD in 2024. ◆ Volatile

Latest (2024)
2,914 1000 USD
Change on year
down 61.3%
World rank
15th
of 24 countries
All-time high
651,325 1000 USD
in 2008
All-time low
2,914 1000 USD
in 2024
Years of data
34
1991–2024

Cashew nuts, in shell — Gross Production Value in Nigeria, 1991–2024

0200.0k400.0k600.0k1991200720241991: 31.9k 1000 USD1992: 25.3k 1000 USD1993: 53.6k 1000 USD1994: 36.0k 1000 USD1995: 34.8k 1000 USD1996: 51.8k 1000 USD1997: 64.0k 1000 USD1998: 72.0k 1000 USD1999: 209.0k 1000 USD2000: 222.9k 1000 USD2001: 271.2k 1000 USD2002: 334.4k 1000 USD2003: 303.3k 1000 USD2004: 274.5k 1000 USD2005: 337.1k 1000 USD2006: 404.7k 1000 USD2007: 391.5k 1000 USD2008: 651.3k 1000 USD2009: 328.3k 1000 USD2010: 383.3k 1000 USD2011: 248.7k 1000 USD2012: 197.7k 1000 USD2013: 87.0k 1000 USD2014: 45.2k 1000 USD2015: 30.8k 1000 USD2016: 19.4k 1000 USD2017: 14.6k 1000 USD2018: 15.4k 1000 USD2019: 15.5k 1000 USD2020: 13.9k 1000 USD2021: 11.3k 1000 USD2022: 11.8k 1000 USD2023: 7.5k 1000 USD2024: 2.9k 1000 USD

Source: Food and Agriculture Organization of the United Nations. Measured in 1000 USD.

Analysis

The most recent figure for cashew nuts, in shell — gross production value in Nigeria is 2,914 1000 USD, measured in 2024. That is the lowest value across all 34 years on record.

The figure is down 61.3% on the previous year and down 93.6% over ten years.

Over the whole period, cashew nuts, in shell — gross production value in Nigeria peaked at 651,325 1000 USD in 2008 and was at its lowest, 2,914 1000 USD, in 2024.

That places Nigeria 15th out of 24 countries with data for 2024, putting it in the middle of the range.

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

Cashew nuts, in shell — Gross Production Value in Nigeria, year by year

Annual values for Cashew nuts, in shell — Gross Production Value (current thousand US$) in Nigeria, 1991 to 2024.
Year 1000 USD Change
1991 31,884 1000 USD —
1992 25,284 1000 USD -20.7%
1993 53,597 1000 USD +112.0%
1994 35,975 1000 USD -32.9%
1995 34,764 1000 USD -3.4%
1996 51,819 1000 USD +49.1%
1997 63,977 1000 USD +23.5%
1998 72,022 1000 USD +12.6%
1999 209,030 1000 USD +190.2%
2000 222,948 1000 USD +6.7%
2001 271,170 1000 USD +21.6%
2002 334,354 1000 USD +23.3%
2003 303,312 1000 USD -9.3%
2004 274,498 1000 USD -9.5%
2005 337,072 1000 USD +22.8%
2006 404,720 1000 USD +20.1%
2007 391,511 1000 USD -3.3%
2008 651,325 1000 USD +66.4%
2009 328,289 1000 USD -49.6%
2010 383,278 1000 USD +16.8%
2011 248,668 1000 USD -35.1%
2012 197,651 1000 USD -20.5%
2013 86,966 1000 USD -56.0%
2014 45,210 1000 USD -48.0%
2015 30,776 1000 USD -31.9%
2016 19,425 1000 USD -36.9%
2017 14,610 1000 USD -24.8%
2018 15,367 1000 USD +5.2%
2019 15,509 1000 USD +0.9%
2020 13,857 1000 USD -10.7%
2021 11,288 1000 USD -18.5%
2022 11,788 1000 USD +4.4%
2023 7,536 1000 USD -36.1%
2024 2,914 1000 USD -61.3%

Nigeria compared with similar countries

  • Nigeria's 2,914 1000 USD is below the median for lower middle income countries, which is 5,915 1000 USD, 49% of the median. (8 countries reporting)
  • Nigeria's 2,914 1000 USD is below the median for Sub-Saharan Africa, which is 6,631 1000 USD, 44% of the median. (9 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 64,261 1000 USD 25,284 1000 USD 209,030 1000 USD 9
2000s 351,920 1000 USD 222,948 1000 USD 651,325 1000 USD 10
2010s 105,746 1000 USD 14,610 1000 USD 383,278 1000 USD 10
2020s 9,477 1000 USD 2,914 1000 USD 13,857 1000 USD 5

Countries ranked near Nigeria

  1. 12 Togo 6,631 1000 USD compare
  2. 13 Senegal 5,199 1000 USD compare
  3. 14 Kenya 3,562 1000 USD compare
  4. 15 Caribbean 506 1000 USD compare
  5. 16 El Salvador 2,610 1000 USD compare
  6. 17 Madagascar 2,290 1000 USD compare
  7. 18 China 1,993 1000 USD compare
  8. 18 China, mainland 1,993 1000 USD compare

See the full ranking of 43 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is cashew nuts, in shell — gross production value in Nigeria?
Cashew nuts, in shell — gross production value in Nigeria was 2,914 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest cashew nuts, in shell — gross production value recorded in Nigeria?
The highest recorded value was 651,325 1000 USD in 2008.
What is the lowest cashew nuts, in shell — gross production value recorded in Nigeria?
The lowest recorded value was 2,914 1000 USD in 2024.
How does Nigeria rank for cashew nuts, in shell — gross production value?
Nigeria ranks 15th out of 24 countries with data for 2024.
Is cashew nuts, in shell — gross production value rising or falling in Nigeria?
Over the last ten years it is down 93.6%. 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 Cashew nuts, in shell — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Cashew nuts, in shell — Gross Production Value in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 02 October 2026, from https://agriculture.statizoid.com/stat/cashew-nuts-in-shell-gross-production-value-current-thousand-us/nigeria/

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About this data

Indicator
Cashew nuts, in shell — Gross Production Value (current thousand US$)
Unit
1000 USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
43 places, 1,441 data points, 1991–2024
Last refreshed

The domain provides detailed data on the value of agricultural production that is calculated by the agricultural production data and the price data at farm gate. Thus, the value of production measures the agricultural production in monetary terms at the farm gate level.