Oil (palm) in Rugombo
Cibitoke, Burundi · BIF per KG · retail
Normal August 2026: 10% below the usual level for that time of year.
Prices up to August 2026 (WFP publishes with a delay). Forecast made October 2026. How often past forecasts were right.
November 2026: 80 % range
7,704–10,758BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,461–11,248BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
3%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 10% below the usual level for that time of year (normal). It was about stable over the 3 months before. For cooking oil, across 137 markets in Burundi, the median price fell 3% over those 3 months. November 2026: most likely between 7,704 and 10,758 BIF/KG (8 in 10 chance). January 2027: most likely between 7,461 and 11,248 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 3%. Warnings of new spikes have no proven skill yet (track record 2023-2026).
Prices and forecast
- Observed price
- Most likely (forecast)
- 80 % range
- 95 % range
- Usual level for the season
BIF per KG. Last 2 years and the forecast; the full history is in the table below. The shaded area covers the estimates of the last two months and the forecasts; the fan starts at the last observed price.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 8,384–10,422 | 8,984 | 7,995–10,830 | 10,718 | – |
| Oct 2026 Estimate (this month) | 7,727–10,416 | 8,695 | 7,095–11,011 | 9,870 | – |
| Nov 2026 Next month | 7,704–10,758 | 8,654 | 7,232–12,368 | 9,983 | 3% |
| Dec 2026 In 2 months | 7,509–10,691 | 8,404 | 6,747–13,395 | 9,383 | – |
| Jan 2027 In 3 months | 7,461–11,248 | 8,664 | 6,467–13,895 | 9,754 | – |
Price history (90 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 9,417 | |
| Jul 2026 | 8,900 | |
| Jun 2026 | 8,550 | |
| May 2026 | 9,382 | |
| Apr 2026 | 9,500 | |
| Mar 2026 | 8,067 | |
| Feb 2026 | 8,899 | |
| Jan 2026 | 8,978 | |
| Dec 2025 | 8,327 | |
| Nov 2025 | 9,625 | |
| Oct 2025 | 9,199 | |
| Sept 2025 | 10,061 | |
| Aug 2025 | 9,500 | |
| Jul 2025 | 10,251 | |
| Jun 2025 | 8,564 | |
| May 2025 | 9,588 | |
| Apr 2025 | 10,281 | |
| Mar 2025 | 9,196 | |
| Feb 2025 | 8,762 | |
| Jan 2025 | 8,250 | |
| Dec 2024 | 7,431 | |
| Nov 2024 | 7,713 | |
| Oct 2024 | 7,405 | |
| Sept 2024 | 7,578 | |
| Aug 2024 | 8,218 | |
| Jul 2024 | 7,578 | |
| Jun 2024 | 8,604 | |
| May 2024 | 5,897 | |
| Apr 2024 | 5,907 | |
| Mar 2024 | 5,675 | |
| Feb 2024 | 6,243 | |
| Jan 2024 | 6,529 | |
| Dec 2023 | 5,500 | |
| Nov 2023 | 6,150 | |
| Oct 2023 | 6,573 | |
| Sept 2023 | 6,505 | |
| Aug 2023 | 6,118 | |
| Jul 2023 | 5,548 | |
| Jun 2023 | 5,329 | |
| May 2023 | 5,000 | |
| Apr 2023 | 4,134 | |
| Mar 2023 | 4,460 | |
| Feb 2023 | 3,870 | |
| Jan 2023 | 3,750 | |
| Dec 2022 | 4,123 | |
| Nov 2022 | 4,111 | |
| Oct 2022 | 4,391 | |
| Sept 2022 | 5,958 | |
| Aug 2022 | 5,833 | |
| May 2022 | 4,908 | |
| Apr 2022 | 4,500 | |
| Mar 2022 | 4,200 | |
| Feb 2022 | 4,375 | |
| Jan 2022 | 4,100 | |
| Oct 2021 | 4,250 | |
| Sept 2021 | 4,870 | |
| May 2021 | 4,100 | |
| Apr 2021 | 4,115 | |
| Mar 2021 | 3,333 | |
| Feb 2021 | 3,125 | |
| Jan 2021 | 3,091 | |
| Dec 2020 | 3,050 | |
| Nov 2020 | 3,375 | |
| Oct 2020 | 3,000 | |
| Sept 2020 | 3,146 | |
| Aug 2020 | 3,025 | |
| Jul 2020 | 3,292 | |
| Jun 2020 | 3,172 | |
| Mar 2020 | 3,179 | |
| Feb 2020 | 3,125 | |
| Jan 2020 | 2,650 | |
| Dec 2019 | 2,938 | |
| Nov 2019 | 2,812 | |
| Oct 2019 | 2,500 | |
| Sept 2019 | 2,575 | |
| Aug 2019 | 2,710 | |
| Jul 2019 | 2,670 | |
| Jun 2019 | 2,625 | |
| May 2019 | 2,700 | |
| Mar 2019 | 3,100 | |
| Feb 2019 | 3,440 | |
| Jan 2019 | 3,675 | |
| Dec 2018 | 3,160 | |
| Nov 2018 | 3,440 | |
| Oct 2018 | 3,929 | |
| Sept 2018 | 4,083 | |
| Aug 2018 | 3,983 | |
| Jul 2018 | 3,960 | |
| Jun 2018 | 2,983 | |
| May 2018 | 2,733 |
Track record in Burundi
How past forecasts for Burundi did in a test on earlier data (backtest). Full track record.
| Horizon | 80 % range held ideal 80 % | 95 % range held ideal 95 % | Typical error | Warnings of new spikes | Cases |
|---|---|---|---|---|---|
| Estimate (last month) | 79% | 94% | 6% | better than the base rate | 16,758 |
| Estimate (this month) | 78% | 94% | 9% | better than the base rate | 16,545 |
| Next month | 76% | 93% | 11% | better than the base rate | 16,316 |
| In 2 months | 74% | 93% | 14% | no better than the base rate | 16,060 |
| In 3 months | 73% | 92% | 17% | worse than the base rate | 15,769 |
Last observed: August 2026. Series id: burundi-1826-62-retail-kg.