Cocoa beans — Gross Production Value in Nigeria
Nigeria: Cocoa beans — Gross Production Value was 17.58 million 1000 SLC in 2024. ◆ Volatile
Cocoa beans — Gross Production Value in Nigeria, 1991–2024
Source: Food and Agriculture Organization of the United Nations. Measured in 1000 SLC.
Analysis
The most recent figure for cocoa beans — gross production value in Nigeria is 17.58 million 1000 SLC, measured in 2024.
That represents a change of down 12.3% on the previous year and down 23.1% over ten years.
Over the whole period, cocoa beans — gross production value in Nigeria peaked at 72.30 million 1000 SLC in 2008 and was at its lowest, 2.72 million 1000 SLC, in 1991.
That places Nigeria 8th out of 35 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Cocoa beans — Gross Production Value in Nigeria, year by year
| Year | 1000 SLC | Change |
|---|---|---|
| 1991 | 2.72 million 1000 SLC | — |
| 1992 | 3.72 million 1000 SLC | +36.7% |
| 1993 | 7.74 million 1000 SLC | +107.8% |
| 1994 | 19.76 million 1000 SLC | +155.5% |
| 1995 | 14.90 million 1000 SLC | -24.6% |
| 1996 | 25.91 million 1000 SLC | +73.9% |
| 1997 | 28.52 million 1000 SLC | +10.1% |
| 1998 | 29.45 million 1000 SLC | +3.3% |
| 1999 | 19.30 million 1000 SLC | -34.5% |
| 2000 | 28.33 million 1000 SLC | +46.8% |
| 2001 | 36.43 million 1000 SLC | +28.6% |
| 2002 | 48.91 million 1000 SLC | +34.3% |
| 2003 | 49.61 million 1000 SLC | +1.4% |
| 2004 | 46.65 million 1000 SLC | -6.0% |
| 2005 | 56.59 million 1000 SLC | +21.3% |
| 2006 | 68.40 million 1000 SLC | +20.9% |
| 2007 | 46.36 million 1000 SLC | -32.2% |
| 2008 | 72.30 million 1000 SLC | +56.0% |
| 2009 | 38.26 million 1000 SLC | -47.1% |
| 2010 | 61.95 million 1000 SLC | +61.9% |
| 2011 | 63.67 million 1000 SLC | +2.8% |
| 2012 | 26.28 million 1000 SLC | -58.7% |
| 2013 | 24.93 million 1000 SLC | -5.1% |
| 2014 | 22.85 million 1000 SLC | -8.4% |
| 2015 | 17.62 million 1000 SLC | -22.9% |
| 2016 | 14.28 million 1000 SLC | -18.9% |
| 2017 | 10.68 million 1000 SLC | -25.2% |
| 2018 | 12.15 million 1000 SLC | +13.7% |
| 2019 | 12.01 million 1000 SLC | -1.2% |
| 2020 | 17.82 million 1000 SLC | +48.4% |
| 2021 | 14.04 million 1000 SLC | -21.2% |
| 2022 | 17.39 million 1000 SLC | +23.9% |
| 2023 | 20.03 million 1000 SLC | +15.2% |
| 2024 | 17.58 million 1000 SLC | -12.3% |
Nigeria compared with similar countries
- Nigeria's 17.58 million 1000 SLC is above the median for lower middle income countries, which is 3.13 million 1000 SLC, 5.6× the median. (10 countries reporting)
- Nigeria's 17.58 million 1000 SLC is below the median for Sub-Saharan Africa, which is 20.35 million 1000 SLC, 86% of the median. (8 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.89 million 1000 SLC | 2.72 million 1000 SLC | 29.45 million 1000 SLC | 9 |
| 2000s | 49.18 million 1000 SLC | 28.33 million 1000 SLC | 72.30 million 1000 SLC | 10 |
| 2010s | 26.64 million 1000 SLC | 10.68 million 1000 SLC | 63.67 million 1000 SLC | 10 |
| 2020s | 17.37 million 1000 SLC | 14.04 million 1000 SLC | 20.03 million 1000 SLC | 5 |
Countries ranked near Nigeria
More agriculture & rural data for Nigeria
- Agriculture, forestry, and fishing, value added (current US$), annual 2.38 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.2298 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 281.32 current US$ per person (2025)
- Rural population, annual growth rate -0.1218 % change on previous year (2025)
- Rural population, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Rural population, per capita 0.3622 units per person (2025)
- Share of GDP from agriculture 23.0% (2025)
- Agriculture as a share of GDP vs. GDP per capita 23.0% (2025)
- Agricultural raw materials exports 0.4% (2024)
- Agricultural raw materials imports 0.6% (2024)
Frequently asked questions
- What is cocoa beans — gross production value in Nigeria?
- Cocoa beans — gross production value in Nigeria was 17.58 million 1000 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest cocoa beans — gross production value recorded in Nigeria?
- The highest recorded value was 72.30 million 1000 SLC in 2008.
- What is the lowest cocoa beans — gross production value recorded in Nigeria?
- The lowest recorded value was 2.72 million 1000 SLC in 1991.
- How does Nigeria rank for cocoa beans — gross production value?
- Nigeria ranks 8th out of 35 countries with data for 2024.
- Is cocoa beans — gross production value rising or falling in Nigeria?
- Over the last ten years it is down 23.1%. 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 Cocoa beans — Gross Production Value (current thousand SLC). Statizoid updates them automatically from the source API.
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About this data
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.