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Food Price Dynamics Global Dataset
Food & Beverage Consumption
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About
This dataset provides updated global market food prices, offering crucial insights into food security and economic trends worldwide. It contains data collected by the World Food Programme, encompassing a variety of staple foods such as maize, rice, beans, fish, and sugar. The information covers numerous markets across 76 countries, making it a valuable resource for understanding the dynamics of international food markets.
Columns
- adm0_id: Unique identifier for the country.
- adm0_name: The name of the country.
- adm1_id: Unique identifier for the locality within a country.
- adm1_name: The name of the locality.
- mkt_id: Unique identifier for the specific market.
- mkt_name: The name of the market where prices were recorded.
- cm_id: Unique identifier for the commodity purchased.
- cm_name: The name of the commodity, such as 'Millet - Retail' or 'Rice (imported) - Retail'.
- cur_id: Unique identifier for the currency used.
- cur_name: The name of the currency, for example, 'XOF' or 'RWF'.
- pt_id: Unique identifier for the market type.
- pt_name: Describes the type of market, e.g., 'Retail', 'Wholesale', 'Producer', or 'Farm Gate'.
- um_id: Unique identifier for the unit of measurement.
- um_name: The unit in which the goods are measured, such as 'KG' or 'L'.
- mp_month: The month in which the price was recorded.
- mp_year: The year in which the price was recorded.
- mp_price: The price paid for the commodity in local currency.
- mp_commoditysource: Information on the source supplying the price data.
Distribution
The dataset is available in a CSV file format and has a file size of approximately 169.48 MB. It contains over 1.048 million rows, with valid records totalling 1.56 million. The structure allows for easy integration and analysis in various data processing platforms. Specific numbers for rows or records beyond these figures are not available.
Usage
This dataset is ideal for a wide range of analytical applications. It can be used for economic modelling, food security assessments, market trend analysis, and policy formulation related to agriculture and trade. Researchers, analysts, and organisations focused on global development will find this data highly valuable for studying price fluctuations and their impacts.
Coverage
The dataset spans 76 countries and about 1,500 markets globally. The time range for the data generally extends back to 1992 for a select few countries, with many more countries beginning to report from 2003 onwards, continuing up to 2020. Regarding data availability, the 'mp_commoditysource' column has 100% missing values, and the 'adm1_name' (locality name) column has approximately 30% missing values. The demographic scope is not explicitly detailed but pertains to general market populations within the covered countries.
License
Attribution 3.0 IGO (CC BY 3.0 IGO)
Who Can Use It
This dataset is intended for a diverse group of users, including:
- Economists and Researchers: For studying market dynamics, inflation, and economic indicators.
- Policy Makers: For informing decisions on food security, agricultural subsidies, and trade policies.
- Humanitarian Organisations: For monitoring food prices in vulnerable regions and planning interventions.
- Businesses: Particularly those in the food supply chain, for market analysis and strategic planning.
- Financial Analysts: For assessing market risks and opportunities related to commodity prices.
Dataset Name Suggestions
- Global Food Market Prices 1992-2020
- World Food Programme Price Database
- International Commodity Price Tracker
- Food Price Dynamics Global Dataset
Attributes
Original Data Source:Food Price Dynamics Global Dataset
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