Oil (palm) in Bukeye
Muramvya, 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
7,953–11,045BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,873–11,837BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
10%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 rose 4% 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 7,953 and 11,045 BIF/KG (8 in 10 chance). January 2027: most likely between 7,873 and 11,837 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 10%. 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. The 95 % range goes above the top of the chart (up to 16,352); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 8,440–10,553 | 9,359 | 7,863–10,940 | 9,952 | – |
| Oct 2026 Estimate (this month) | 7,743–10,584 | 8,979 | 7,180–11,999 | 8,893 | – |
| Nov 2026 Next month | 7,953–11,045 | 8,981 | 7,345–12,967 | 9,282 | 10% |
| Dec 2026 In 2 months | 8,175–11,370 | 9,266 | 7,320–13,248 | 9,824 | – |
| Jan 2027 In 3 months | 7,873–11,837 | 9,456 | 7,006–16,352 | 10,031 | – |
Price history (94 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 9,750 | |
| Jul 2026 | 12,000 | |
| Jun 2026 | 10,833 | |
| May 2026 | 9,333 | |
| Apr 2026 | 8,750 | |
| Mar 2026 | 9,905 | |
| Feb 2026 | 9,846 | |
| Jan 2026 | 9,444 | |
| Dec 2025 | 11,000 | |
| Nov 2025 | 9,240 | |
| Oct 2025 | 9,412 | |
| Sept 2025 | 10,438 | |
| Aug 2025 | 11,000 | |
| Jul 2025 | 10,000 | |
| Jun 2025 | 9,711 | |
| May 2025 | 9,885 | |
| Apr 2025 | 9,957 | |
| Mar 2025 | 8,750 | |
| Feb 2025 | 7,711 | |
| Jan 2025 | 7,417 | |
| Dec 2024 | 6,144 | |
| Nov 2024 | 6,000 | |
| Oct 2024 | 5,750 | |
| Sept 2024 | 5,521 | |
| Aug 2024 | 5,900 | |
| Jul 2024 | 5,982 | |
| Jun 2024 | 6,205 | |
| May 2024 | 6,192 | |
| Apr 2024 | 5,525 | |
| Mar 2024 | 5,458 | |
| Feb 2024 | 5,661 | |
| Jan 2024 | 5,250 | |
| Dec 2023 | 5,500 | |
| Nov 2023 | 5,500 | |
| Oct 2023 | 5,824 | |
| Sept 2023 | 5,990 | |
| Aug 2023 | 6,000 | |
| Jul 2023 | 5,750 | |
| Jun 2023 | 5,548 | |
| May 2023 | 5,575 | |
| Apr 2023 | 5,247 | |
| Mar 2023 | 4,766 | |
| Feb 2023 | 4,362 | |
| Dec 2022 | 4,439 | |
| Nov 2022 | 4,100 | |
| Oct 2022 | 3,820 | |
| Sept 2022 | 4,481 | |
| Aug 2022 | 5,156 | |
| Jul 2022 | 5,250 | |
| Jun 2022 | 4,800 | |
| May 2022 | 4,547 | |
| Apr 2022 | 4,233 | |
| Mar 2022 | 3,525 | |
| Feb 2022 | 3,467 | |
| Jan 2022 | 3,375 | |
| Oct 2021 | 2,700 | |
| May 2021 | 2,800 | |
| Apr 2021 | 2,742 | |
| Mar 2021 | 2,700 | |
| Feb 2021 | 2,583 | |
| Jan 2021 | 2,350 | |
| Dec 2020 | 2,348 | |
| Nov 2020 | 2,307 | |
| Oct 2020 | 2,400 | |
| Sept 2020 | 2,287 | |
| Aug 2020 | 2,368 | |
| Jul 2020 | 2,400 | |
| Jun 2020 | 2,433 | |
| Mar 2020 | 2,360 | |
| Feb 2020 | 2,360 | |
| Jan 2020 | 2,367 | |
| Dec 2019 | 2,480 | |
| Nov 2019 | 2,240 | |
| Oct 2019 | 2,133 | |
| Sept 2019 | 2,233 | |
| Aug 2019 | 2,633 | |
| Jul 2019 | 2,700 | |
| Jun 2019 | 2,767 | |
| May 2019 | 2,800 | |
| Mar 2019 | 2,333 | |
| Feb 2019 | 2,233 | |
| Jan 2019 | 2,083 | |
| Dec 2018 | 1,967 | |
| Nov 2018 | 1,967 | |
| Oct 2018 | 1,867 | |
| Sept 2018 | 2,620 | |
| Aug 2018 | 3,167 | |
| Jul 2018 | 3,133 | |
| Jun 2018 | 3,067 | |
| May 2018 | 2,880 | |
| Apr 2018 | 2,540 | |
| Mar 2018 | 2,350 | |
| Feb 2018 | 2,200 | |
| Jan 2018 | 2,100 |
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-2425-62-retail-kg.