Oil (palm) in Muyinga
Muyinga, Burundi · BIF per KG · retail
Normal August 2026: 9% 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
8,479–11,676BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
8,168–12,315BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
2%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 9% below the usual level for that time of year (normal). It fell 10% 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 8,479 and 11,676 BIF/KG (8 in 10 chance). January 2027: most likely between 8,168 and 12,315 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 2%. 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) | 9,025–11,489 | 10,307 | 8,598–11,985 | 11,542 | – |
| Oct 2026 Estimate (this month) | 8,605–11,744 | 10,060 | 8,278–11,749 | 10,994 | – |
| Nov 2026 Next month | 8,479–11,676 | 9,568 | 7,606–12,879 | 10,553 | 2% |
| Dec 2026 In 2 months | 8,432–11,857 | 9,559 | 7,646–12,252 | 10,463 | – |
| Jan 2027 In 3 months | 8,168–12,315 | 9,797 | 7,127–13,895 | 10,976 | – |
Price history (88 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 10,208 | |
| Jun 2026 | 10,333 | |
| May 2026 | 11,319 | |
| Apr 2026 | 11,083 | |
| Mar 2026 | 11,000 | |
| Feb 2026 | 10,583 | |
| Jan 2026 | 11,657 | |
| Dec 2025 | 11,021 | |
| Nov 2025 | 10,875 | |
| Oct 2025 | 11,333 | |
| Sept 2025 | 11,778 | |
| Aug 2025 | 11,000 | |
| Jul 2025 | 12,410 | |
| Jun 2025 | 11,897 | |
| May 2025 | 10,750 | |
| Apr 2025 | 11,125 | |
| Mar 2025 | 8,972 | |
| Feb 2025 | 7,938 | |
| Jan 2025 | 6,487 | |
| Dec 2024 | 6,433 | |
| Nov 2024 | 5,941 | |
| Oct 2024 | 6,024 | |
| Sept 2024 | 5,903 | |
| Aug 2024 | 6,522 | |
| Jul 2024 | 6,069 | |
| Jun 2024 | 6,167 | |
| May 2024 | 6,017 | |
| Apr 2024 | 5,750 | |
| Mar 2024 | 5,722 | |
| Feb 2024 | 5,778 | |
| Jan 2024 | 5,500 | |
| Dec 2023 | 5,500 | |
| Nov 2023 | 5,855 | |
| Oct 2023 | 5,775 | |
| Sept 2023 | 6,731 | |
| Aug 2023 | 5,938 | |
| Jul 2023 | 5,988 | |
| Jun 2023 | 5,444 | |
| May 2023 | 5,469 | |
| Apr 2023 | 4,696 | |
| Mar 2023 | 4,854 | |
| Feb 2023 | 4,125 | |
| Dec 2022 | 4,403 | |
| Nov 2022 | 4,413 | |
| Oct 2022 | 4,515 | |
| Sept 2022 | 4,208 | |
| Aug 2022 | 4,500 | |
| May 2022 | 4,467 | |
| Apr 2022 | 4,000 | |
| Mar 2022 | 3,800 | |
| Feb 2022 | 4,500 | |
| Jan 2022 | 4,000 | |
| Oct 2021 | 4,000 | |
| May 2021 | 3,000 | |
| Apr 2021 | 3,000 | |
| Mar 2021 | 2,433 | |
| Feb 2021 | 2,300 | |
| Jan 2021 | 2,350 | |
| Dec 2020 | 2,200 | |
| Nov 2020 | 2,650 | |
| Oct 2020 | 2,691 | |
| Sept 2020 | 2,171 | |
| Aug 2020 | 2,197 | |
| Jul 2020 | 2,862 | |
| Jun 2020 | 2,450 | |
| Mar 2020 | 2,300 | |
| Feb 2020 | 2,150 | |
| Jan 2020 | 2,300 | |
| Dec 2019 | 2,325 | |
| Nov 2019 | 2,200 | |
| Oct 2019 | 2,520 | |
| Sept 2019 | 2,933 | |
| Aug 2019 | 2,633 | |
| Jul 2019 | 3,043 | |
| Jun 2019 | 2,800 | |
| May 2019 | 2,425 | |
| Mar 2019 | 2,040 | |
| Feb 2019 | 2,150 | |
| Jan 2019 | 2,640 | |
| Dec 2018 | 2,383 | |
| Nov 2018 | 2,283 | |
| Oct 2018 | 2,367 | |
| Sept 2018 | 3,317 | |
| Aug 2018 | 3,283 | |
| Jul 2018 | 3,167 | |
| Jun 2018 | 3,214 | |
| May 2018 | 2,900 | |
| Feb 2018 | 2,000 |
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-204-62-retail-kg.