Producer Price for Maize in Nigeria
Nigeria: Producer Price for Maize was 695.5 per tonne, current US$ in 2008. ◆ Volatile
Producer Price for Maize in Nigeria, 1991–2008
Source: Food and Agriculture Organization, electronic files and web site. Measured in per tonne, current US$.
Analysis
In 2008, producer price for maize in Nigeria stood at 695.5 per tonne, current US$.
The figure is up 65.6% on the previous year and down 42.1% over ten years.
Over the whole period, producer price for maize in Nigeria peaked at 1,201 per tonne, current US$ in 1998 and was at its lowest, 198.4 per tonne, current US$, in 2000.
That places Nigeria 2nd out of 28 countries with data for 2008, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Producer Price for Maize in Nigeria, year by year
| Year | per tonne, current US$ | Change |
|---|---|---|
| 1991 | 334.8 per tonne, current US$ | — |
| 1992 | 318.8 per tonne, current US$ | -4.8% |
| 1993 | 338.1 per tonne, current US$ | +6.1% |
| 1994 | 253.7 per tonne, current US$ | -25.0% |
| 1995 | 661.3 per tonne, current US$ | +160.7% |
| 1996 | 802.4 per tonne, current US$ | +21.3% |
| 1997 | 1,062 per tonne, current US$ | +32.4% |
| 1998 | 1,201 per tonne, current US$ | +13.1% |
| 1999 | 207.8 per tonne, current US$ | -82.7% |
| 2000 | 198.4 per tonne, current US$ | -4.5% |
| 2001 | 341.4 per tonne, current US$ | +72.1% |
| 2002 | 383 per tonne, current US$ | +12.2% |
| 2003 | 294.2 per tonne, current US$ | -23.2% |
| 2004 | 335.5 per tonne, current US$ | +14.0% |
| 2005 | 477.5 per tonne, current US$ | +42.3% |
| 2006 | 442 per tonne, current US$ | -7.4% |
| 2007 | 419.9 per tonne, current US$ | -5.0% |
| 2008 | 695.5 per tonne, current US$ | +65.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 575.6 per tonne, current US$ | 207.8 per tonne, current US$ | 1,201 per tonne, current US$ | 9 |
| 2000s | 398.6 per tonne, current US$ | 198.4 per tonne, current US$ | 695.5 per tonne, current US$ | 9 |
Countries ranked near Nigeria
- 1 Guinea-Bissau 3,729 per tonne, current US$ compare
- 3 Cape Verde 461 per tonne, current US$ compare
- 4 Ghana 341 per tonne, current US$ compare
- 5 Algeria 335.7 per tonne, current US$ compare
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)
- Agriculture share gdp 22.98 (2025)
- Value added in the agricultural sector as of gdp vs gdp per capita 22.98 (2025)
- Agricultural raw materials exports 0.4% (2024)
- Agricultural raw materials imports 0.6% (2024)
Frequently asked questions
- What is producer price for maize in Nigeria?
- Producer price for maize in Nigeria was 695.5 per tonne, current US$ in 2008, according to Food and Agriculture Organization, electronic files and web site.
- What is the highest producer price for maize recorded in Nigeria?
- The highest recorded value was 1,201 per tonne, current US$ in 1998.
- What is the lowest producer price for maize recorded in Nigeria?
- The lowest recorded value was 198.4 per tonne, current US$ in 2000.
- How does Nigeria rank for producer price for maize?
- Nigeria ranks 2nd out of 28 countries with data for 2008.
- Is producer price for maize rising or falling in Nigeria?
- Over the last ten years it is down 42.1%. 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, electronic files and web site, published as part of Producer Price for Maize (per tonne, current US$). Statizoid updates them automatically from the source API.
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About this data
Producer prices are prices received by farmers for primary agricultural products as defined in the SNA 93. The producer's price is the amount receivable by the producer from the purchaser for a unit of a good or service produced as output minus any VAT, or similar deductible tax, invoiced to the purchaser. It excludes any transport charges invoiced separately by the producer.