Producer Price for Rice, paddy in Nigeria

Nigeria: Producer Price for Rice, paddy was 75,138 per tonne, current LCU in 2008. ◆ Volatile

Latest (2008)
75,138 per tonne, current LCU
Change on year
up 36.1%
World rank
14th
of 26 countries
All-time high
75,138 per tonne, current LCU
in 2008
All-time low
110 per tonne, current LCU
in 1968
Years of data
43
1966–2008

Producer Price for Rice, paddy in Nigeria, 1966–2008

020.0k40.0k60.0k80.0k1966198720081966: 117 per tonne, current LCU1967: 117 per tonne, current LCU1968: 110 per tonne, current LCU1969: 141 per tonne, current LCU1970: 136 per tonne, current LCU1971: 174 per tonne, current LCU1972: 176 per tonne, current LCU1973: 191 per tonne, current LCU1974: 200 per tonne, current LCU1975: 210 per tonne, current LCU1976: 230 per tonne, current LCU1977: 240 per tonne, current LCU1978: 240 per tonne, current LCU1979: 329 per tonne, current LCU1980: 329 per tonne, current LCU1981: 400 per tonne, current LCU1982: 400 per tonne, current LCU1983: 400 per tonne, current LCU1984: 500 per tonne, current LCU1985: 700 per tonne, current LCU1986: 970 per tonne, current LCU1987: 1.4k per tonne, current LCU1988: 2.3k per tonne, current LCU1989: 2.8k per tonne, current LCU1990: 5.6k per tonne, current LCU1991: 7.5k per tonne, current LCU1992: 12.6k per tonne, current LCU1993: 18.8k per tonne, current LCU1994: 12.3k per tonne, current LCU1995: 14.3k per tonne, current LCU1996: 25.8k per tonne, current LCU1997: 25.3k per tonne, current LCU1998: 31.9k per tonne, current LCU1999: 27.0k per tonne, current LCU2000: 28.4k per tonne, current LCU2001: 37.5k per tonne, current LCU2002: 45.5k per tonne, current LCU2003: 38.2k per tonne, current LCU2004: 46.2k per tonne, current LCU2005: 71.5k per tonne, current LCU2006: 65.9k per tonne, current LCU2007: 55.2k per tonne, current LCU2008: 75.1k per tonne, current LCU

Source: Food and Agriculture Organization, electronic files and web site. Measured in per tonne, current LCU.

Analysis

In 2008, producer price for rice, paddy in Nigeria stood at 75,138 per tonne, current LCU. That is the highest value across all 43 years on record.

That represents a change of up 36.1% on the previous year and up 135.2% over ten years.

Over the whole period, producer price for rice, paddy in Nigeria peaked at 75,138 per tonne, current LCU in 2008 and was at its lowest, 110 per tonne, current LCU, in 1968.

That places Nigeria 14th out of 26 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.

Producer Price for Rice, paddy in Nigeria, year by year

Annual values for Producer Price for Rice, paddy (per tonne, current LCU) in Nigeria, 1966 to 2008.
Year per tonne, current LCU Change
1966 117 per tonne, current LCU
1967 117 per tonne, current LCU +0.0%
1968 110 per tonne, current LCU -6.0%
1969 141 per tonne, current LCU +28.2%
1970 136 per tonne, current LCU -3.5%
1971 174 per tonne, current LCU +27.9%
1972 176 per tonne, current LCU +1.1%
1973 191 per tonne, current LCU +8.5%
1974 200 per tonne, current LCU +4.7%
1975 210 per tonne, current LCU +5.0%
1976 230 per tonne, current LCU +9.5%
1977 240 per tonne, current LCU +4.3%
1978 240 per tonne, current LCU +0.0%
1979 329 per tonne, current LCU +37.1%
1980 329 per tonne, current LCU +0.0%
1981 400 per tonne, current LCU +21.6%
1982 400 per tonne, current LCU +0.0%
1983 400 per tonne, current LCU +0.0%
1984 500 per tonne, current LCU +25.0%
1985 700 per tonne, current LCU +40.0%
1986 970 per tonne, current LCU +38.6%
1987 1,415 per tonne, current LCU +45.9%
1988 2,270 per tonne, current LCU +60.4%
1989 2,840 per tonne, current LCU +25.1%
1990 5,610 per tonne, current LCU +97.5%
1991 7,544 per tonne, current LCU +34.5%
1992 12,606 per tonne, current LCU +67.1%
1993 18,780 per tonne, current LCU +49.0%
1994 12,300 per tonne, current LCU -34.5%
1995 14,280 per tonne, current LCU +16.1%
1996 25,840 per tonne, current LCU +81.0%
1997 25,280 per tonne, current LCU -2.2%
1998 31,950 per tonne, current LCU +26.4%
1999 27,030 per tonne, current LCU -15.4%
2000 28,414 per tonne, current LCU +5.1%
2001 37,480 per tonne, current LCU +31.9%
2002 45,550 per tonne, current LCU +21.5%
2003 38,230 per tonne, current LCU -16.1%
2004 46,170 per tonne, current LCU +20.8%
2005 71,550 per tonne, current LCU +55.0%
2006 65,858 per tonne, current LCU -8.0%
2007 55,214 per tonne, current LCU -16.2%
2008 75,138 per tonne, current LCU +36.1%

Averages by decade

DecadeAverage LowestHighest Years
1960s 121.25 per tonne, current LCU 110 per tonne, current LCU 141 per tonne, current LCU 4
1970s 212.6 per tonne, current LCU 136 per tonne, current LCU 329 per tonne, current LCU 10
1980s 1,022 per tonne, current LCU 329 per tonne, current LCU 2,840 per tonne, current LCU 10
1990s 18,122 per tonne, current LCU 5,610 per tonne, current LCU 31,950 per tonne, current LCU 10
2000s 51,512 per tonne, current LCU 28,414 per tonne, current LCU 75,138 per tonne, current LCU 9

Countries ranked near Nigeria

  1. 11 Togo 142,000 per tonne, current LCU compare
  2. 12 Congo 110,000 per tonne, current LCU compare
  3. 13 Niger 103,000 per tonne, current LCU compare
  4. 15 Kenya 59,999 per tonne, current LCU compare
  5. 16 Mauritius 8,000 per tonne, current LCU compare
  6. 17 Ethiopia 6,009 per tonne, current LCU compare

See the full ranking of 26 places →

More agriculture & rural data for Nigeria

All data for Nigeria →

Frequently asked questions

What is producer price for rice, paddy in Nigeria?
Producer price for rice, paddy in Nigeria was 75,138 per tonne, current LCU in 2008, according to Food and Agriculture Organization, electronic files and web site.
What is the highest producer price for rice, paddy recorded in Nigeria?
The highest recorded value was 75,138 per tonne, current LCU in 2008.
What is the lowest producer price for rice, paddy recorded in Nigeria?
The lowest recorded value was 110 per tonne, current LCU in 1968.
How does Nigeria rank for producer price for rice, paddy?
Nigeria ranks 14th out of 26 countries with data for 2008.
Is producer price for rice, paddy rising or falling in Nigeria?
Over the last ten years it is up 135.2%. 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, electronic files and web site, published as part of Producer Price for Rice, paddy (per tonne, current LCU). Statizoid updates them automatically from the source API.

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Producer Price for Rice, paddy in Nigeria. Statizoid, drawing on Food and Agriculture Organization, electronic files and web site. Retrieved 04 September 2026, from https://agriculture.statizoid.com/stat/producer-price-for-rice-paddy-per-tonne-current-lcu/nigeria/

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About this data

Indicator
Producer Price for Rice, paddy (per tonne, current LCU)
Unit
per tonne, current LCU
Source
Food and Agriculture Organization, electronic files and web site
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
26 places, 920 data points, 1966–2010
Last refreshed

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.