Natural rubber in primary forms — Gross Production Value in Nigeria

Nigeria: Natural rubber in primary forms — Gross Production Value was 3,384 1000 USD in 2024. ◆ Volatile

Latest (2024)
3,384 1000 USD
Change on year
down 55.1%
World rank
17th
of 19 countries
All-time high
142,125 1000 USD
in 2008
All-time low
3,384 1000 USD
in 2024
Years of data
34
1991–2024

Natural rubber in primary forms — Gross Production Value in Nigeria, 1991–2024

050.0k100.0k150.0k1991200720241991: 82.9k 1000 USD1992: 93.4k 1000 USD1993: 141.9k 1000 USD1994: 101.1k 1000 USD1995: 70.8k 1000 USD1996: 88.5k 1000 USD1997: 86.4k 1000 USD1998: 88.9k 1000 USD1999: 67.1k 1000 USD2000: 73.5k 1000 USD2001: 86.7k 1000 USD2002: 104.6k 1000 USD2003: 118.0k 1000 USD2004: 100.8k 1000 USD2005: 111.1k 1000 USD2006: 122.0k 1000 USD2007: 111.1k 1000 USD2008: 142.1k 1000 USD2009: 55.6k 1000 USD2010: 46.8k 1000 USD2011: 48.4k 1000 USD2012: 39.2k 1000 USD2013: 35.3k 1000 USD2014: 32.6k 1000 USD2015: 22.1k 1000 USD2016: 14.1k 1000 USD2017: 10.6k 1000 USD2018: 11.8k 1000 USD2019: 11.8k 1000 USD2020: 9.7k 1000 USD2021: 9.7k 1000 USD2022: 11.0k 1000 USD2023: 7.5k 1000 USD2024: 3.4k 1000 USD

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

Analysis

Nigeria recorded 3,384 1000 USD for natural rubber in primary forms — gross production value in 2024. That is the lowest value across all 34 years on record.

That represents a change of down 55.1% on the previous year and down 89.6% over ten years.

Over the whole period, natural rubber in primary forms — gross production value in Nigeria peaked at 142,125 1000 USD in 2008 and was at its lowest, 3,384 1000 USD, in 2024.

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

Natural rubber in primary forms — Gross Production Value in Nigeria, year by year

Annual values for Natural rubber in primary forms — Gross Production Value (current thousand US$) in Nigeria, 1991 to 2024.
Year 1000 USD Change
1991 82,900 1000 USD —
1992 93,366 1000 USD +12.6%
1993 141,934 1000 USD +52.0%
1994 101,087 1000 USD -28.8%
1995 70,812 1000 USD -29.9%
1996 88,512 1000 USD +25.0%
1997 86,435 1000 USD -2.3%
1998 88,882 1000 USD +2.8%
1999 67,084 1000 USD -24.5%
2000 73,492 1000 USD +9.6%
2001 86,689 1000 USD +18.0%
2002 104,592 1000 USD +20.7%
2003 118,001 1000 USD +12.8%
2004 100,826 1000 USD -14.6%
2005 111,143 1000 USD +10.2%
2006 121,997 1000 USD +9.8%
2007 111,058 1000 USD -9.0%
2008 142,125 1000 USD +28.0%
2009 55,567 1000 USD -60.9%
2010 46,778 1000 USD -15.8%
2011 48,389 1000 USD +3.4%
2012 39,234 1000 USD -18.9%
2013 35,265 1000 USD -10.1%
2014 32,606 1000 USD -7.5%
2015 22,057 1000 USD -32.4%
2016 14,085 1000 USD -36.1%
2017 10,613 1000 USD -24.7%
2018 11,837 1000 USD +11.5%
2019 11,827 1000 USD -0.1%
2020 9,681 1000 USD -18.1%
2021 9,744 1000 USD +0.7%
2022 10,958 1000 USD +12.5%
2023 7,533 1000 USD -31.3%
2024 3,384 1000 USD -55.1%

Nigeria compared with similar countries

  • Nigeria's 3,384 1000 USD is below the median for lower middle income countries, which is 22,966 1000 USD, 15% of the median. (8 countries reporting)
  • Nigeria's 3,384 1000 USD is below the median for Sub-Saharan Africa, which is 6,088 1000 USD, 56% of the median. (5 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 91,224 1000 USD 67,084 1000 USD 141,934 1000 USD 9
2000s 102,549 1000 USD 55,567 1000 USD 142,125 1000 USD 10
2010s 27,269 1000 USD 10,613 1000 USD 48,389 1000 USD 10
2020s 8,260 1000 USD 3,384 1000 USD 10,958 1000 USD 5

Countries ranked near Nigeria

  1. 14 Bangladesh 8,268 1000 USD compare
  2. 14 Caribbean 93 1000 USD compare
  3. 15 Ecuador 8,080 1000 USD compare
  4. 16 Guinea 6,088 1000 USD compare
  5. 18 Congo 516 1000 USD compare
  6. 19 Dominican Republic 93 1000 USD compare

See the full ranking of 39 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is natural rubber in primary forms — gross production value in Nigeria?
Natural rubber in primary forms — gross production value in Nigeria was 3,384 1000 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest natural rubber in primary forms — gross production value recorded in Nigeria?
The highest recorded value was 142,125 1000 USD in 2008.
What is the lowest natural rubber in primary forms — gross production value recorded in Nigeria?
The lowest recorded value was 3,384 1000 USD in 2024.
How does Nigeria rank for natural rubber in primary forms — gross production value?
Nigeria ranks 17th out of 19 countries with data for 2024.
Is natural rubber in primary forms — gross production value rising or falling in Nigeria?
Over the last ten years it is down 89.6%. 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 Natural rubber in primary forms — Gross Production Value (current thousand US$). Statizoid updates them automatically from the source API.

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Natural rubber in primary forms — Gross Production Value in Nigeria. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 05 October 2026, from https://agriculture.statizoid.com/stat/natural-rubber-in-primary-forms-gross-production-value-current-thousand-us/nigeria/

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About this data

Indicator
Natural rubber in primary forms — 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
39 places, 1,326 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.