Producer Price for Wheat in Nigeria
Nigeria: Producer Price for Wheat was 80,500 per tonne, current LCU in 2008. ◆ Volatile
Producer Price for Wheat in Nigeria, 1966–2008
Source: Food and Agriculture Organization, electronic files and web site. Measured in per tonne, current LCU.
Analysis
The most recent figure for producer price for wheat in Nigeria is 80,500 per tonne, current LCU, measured in 2008. That is the highest value across all 43 years on record.
That represents a change of up 24.8% on the previous year and up 136.6% over ten years.
Over the whole period, producer price for wheat in Nigeria peaked at 80,500 per tonne, current LCU in 2008 and was at its lowest, 75 per tonne, current LCU, in 1966.
Nigeria ranks 6th of 20 countries on this measure, 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 Wheat in Nigeria, year by year
| Year | per tonne, current LCU | Change |
|---|---|---|
| 1966 | 75 per tonne, current LCU | — |
| 1967 | 75 per tonne, current LCU | +0.0% |
| 1968 | 80 per tonne, current LCU | +6.7% |
| 1969 | 92 per tonne, current LCU | +15.0% |
| 1970 | 104 per tonne, current LCU | +13.0% |
| 1971 | 151 per tonne, current LCU | +45.2% |
| 1972 | 150 per tonne, current LCU | -0.7% |
| 1973 | 155 per tonne, current LCU | +3.3% |
| 1974 | 165 per tonne, current LCU | +6.5% |
| 1975 | 167 per tonne, current LCU | +1.2% |
| 1976 | 174 per tonne, current LCU | +4.2% |
| 1977 | 174 per tonne, current LCU | +0.0% |
| 1978 | 185 per tonne, current LCU | +6.3% |
| 1979 | 235 per tonne, current LCU | +27.0% |
| 1980 | 235 per tonne, current LCU | +0.0% |
| 1981 | 280 per tonne, current LCU | +19.1% |
| 1982 | 280 per tonne, current LCU | +0.0% |
| 1983 | 280 per tonne, current LCU | +0.0% |
| 1984 | 400 per tonne, current LCU | +42.9% |
| 1985 | 450 per tonne, current LCU | +12.5% |
| 1986 | 520 per tonne, current LCU | +15.6% |
| 1987 | 1,500 per tonne, current LCU | +188.5% |
| 1988 | 4,000 per tonne, current LCU | +166.7% |
| 1989 | 4,300 per tonne, current LCU | +7.5% |
| 1990 | 4,876 per tonne, current LCU | +13.4% |
| 1991 | 5,342 per tonne, current LCU | +9.6% |
| 1992 | 9,120 per tonne, current LCU | +70.7% |
| 1993 | 11,940 per tonne, current LCU | +30.9% |
| 1994 | 12,760 per tonne, current LCU | +6.9% |
| 1995 | 20,210 per tonne, current LCU | +58.4% |
| 1996 | 30,520 per tonne, current LCU | +51.0% |
| 1997 | 33,020 per tonne, current LCU | +8.2% |
| 1998 | 34,030 per tonne, current LCU | +3.1% |
| 1999 | 41,230 per tonne, current LCU | +21.2% |
| 2000 | 43,341 per tonne, current LCU | +5.1% |
| 2001 | 52,180 per tonne, current LCU | +20.4% |
| 2002 | 44,110 per tonne, current LCU | -15.5% |
| 2003 | 44,000 per tonne, current LCU | -0.2% |
| 2004 | 52,180 per tonne, current LCU | +18.6% |
| 2005 | 60,140 per tonne, current LCU | +15.3% |
| 2006 | 53,856 per tonne, current LCU | -10.4% |
| 2007 | 64,501 per tonne, current LCU | +19.8% |
| 2008 | 80,500 per tonne, current LCU | +24.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 80.5 per tonne, current LCU | 75 per tonne, current LCU | 92 per tonne, current LCU | 4 |
| 1970s | 166 per tonne, current LCU | 104 per tonne, current LCU | 235 per tonne, current LCU | 10 |
| 1980s | 1,224 per tonne, current LCU | 235 per tonne, current LCU | 4,300 per tonne, current LCU | 10 |
| 1990s | 20,305 per tonne, current LCU | 4,876 per tonne, current LCU | 41,230 per tonne, current LCU | 10 |
| 2000s | 54,979 per tonne, current LCU | 43,341 per tonne, current LCU | 80,500 per tonne, current LCU | 9 |
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 producer price for wheat in Nigeria?
- Producer price for wheat in Nigeria was 80,500 per tonne, current LCU in 2008, according to Food and Agriculture Organization, electronic files and web site.
- What is the highest producer price for wheat recorded in Nigeria?
- The highest recorded value was 80,500 per tonne, current LCU in 2008.
- What is the lowest producer price for wheat recorded in Nigeria?
- The lowest recorded value was 75 per tonne, current LCU in 1966.
- How does Nigeria rank for producer price for wheat?
- Nigeria ranks 6th out of 20 countries with data for 2008.
- Is producer price for wheat rising or falling in Nigeria?
- Over the last ten years it is up 136.6%. 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, electronic files and web site, published as part of Producer Price for Wheat (per tonne, current LCU). 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.