Meat of cattle with the bone, fresh or chilled — Producer Price in Nigeria
Nigeria: Meat of cattle with the bone, fresh or chilled — Producer Price was 586,026 LCU in 2008. ◆ Volatile
Meat of cattle with the bone, fresh or chilled — Producer Price in Nigeria, 1991–2008
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
The most recent figure for meat of cattle with the bone, fresh or chilled — producer price in Nigeria is 586,026 LCU, measured in 2008. That is the highest value across all 17 years on record.
The figure is up 26.9% on the previous year and up 313.2% over ten years.
Over the whole period, meat of cattle with the bone, fresh or chilled — producer price in Nigeria peaked at 586,026 LCU in 2008 and was at its lowest, 25,570 LCU, in 1991.
That places Nigeria 24th out of 85 countries with data for 2008, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Meat of cattle with the bone, fresh or chilled — Producer Price in Nigeria, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 25,570 LCU | — |
| 1992 | 35,460 LCU | +38.7% |
| 1993 | 69,170 LCU | +95.1% |
| 1994 | 63,670 LCU | -8.0% |
| 1995 | 117,520 LCU | +84.6% |
| 1996 | 135,690 LCU | +15.5% |
| 1997 | 144,060 LCU | +6.2% |
| 1998 | 141,830 LCU | -1.5% |
| 1999 | 140,950 LCU | -0.6% |
| 2001 | 226,890 LCU | +61.0% |
| 2002 | 289,900 LCU | +27.8% |
| 2003 | 306,390 LCU | +5.7% |
| 2004 | 357,910 LCU | +16.8% |
| 2005 | 375,830 LCU | +5.0% |
| 2006 | 432,576 LCU | +15.1% |
| 2007 | 461,932 LCU | +6.8% |
| 2008 | 586,026 LCU | +26.9% |
Nigeria compared with similar countries
- Nigeria's 586,026 LCU is above the median for lower middle income countries, which is 220,364 LCU, 2.7× the median. (18 countries reporting)
- Nigeria's 586,026 LCU is below the median for Sub-Saharan Africa, which is 1.40 million LCU, 42% of the median. (17 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 97,102 LCU | 25,570 LCU | 144,060 LCU | 9 |
| 2000s | 379,682 LCU | 226,890 LCU | 586,026 LCU | 8 |
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 meat of cattle with the bone, fresh or chilled — producer price in Nigeria?
- Meat of cattle with the bone, fresh or chilled — producer price in Nigeria was 586,026 LCU in 2008, according to Food and Agriculture Organization of the United Nations.
- What is the highest meat of cattle with the bone, fresh or chilled — producer price recorded in Nigeria?
- The highest recorded value was 586,026 LCU in 2008.
- What is the lowest meat of cattle with the bone, fresh or chilled — producer price recorded in Nigeria?
- The lowest recorded value was 25,570 LCU in 1991.
- How does Nigeria rank for meat of cattle with the bone, fresh or chilled — producer price?
- Nigeria ranks 24th out of 85 countries with data for 2008.
- Is meat of cattle with the bone, fresh or chilled — producer price rising or falling in Nigeria?
- Over the last ten years it is up 313.2%. 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 Meat of cattle with the bone, fresh or chilled — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
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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.