Oil (palm) in Busoni
Kirundo, Burundi · BIF per KG · retail
Normal August 2026: 17% 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
7,983–11,183BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,776–12,246BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
8%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 17% 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 7,983 and 11,183 BIF/KG (8 in 10 chance). January 2027: most likely between 7,776 and 12,246 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 8%. 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 18,507); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 8,417–10,594 | 9,137 | 8,187–11,223 | 11,162 | – |
| Oct 2026 Estimate (this month) | 8,063–10,619 | 8,848 | 7,605–14,111 | 10,421 | – |
| Nov 2026 Next month | 7,983–11,183 | 8,642 | 7,159–15,038 | 9,952 | 8% |
| Dec 2026 In 2 months | 7,869–11,739 | 8,699 | 7,269–15,821 | 10,112 | – |
| Jan 2027 In 3 months | 7,776–12,246 | 8,836 | 6,751–18,507 | 10,407 | – |
Price history (93 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 9,500 | |
| Jun 2026 | 9,625 | |
| May 2026 | 9,444 | |
| Apr 2026 | 8,750 | |
| Mar 2026 | 8,944 | |
| Feb 2026 | 8,946 | |
| Jan 2026 | 9,052 | |
| Dec 2025 | 9,271 | |
| Nov 2025 | 9,351 | |
| Oct 2025 | 10,294 | |
| Sept 2025 | 11,125 | |
| Aug 2025 | 11,000 | |
| Jul 2025 | 12,179 | |
| Jun 2025 | 11,183 | |
| May 2025 | 11,125 | |
| Apr 2025 | 12,000 | |
| Mar 2025 | 11,132 | |
| Feb 2025 | 8,238 | |
| Jan 2025 | 7,939 | |
| Dec 2024 | 6,656 | |
| Nov 2024 | 6,360 | |
| Oct 2024 | 6,333 | |
| Sept 2024 | 6,278 | |
| Aug 2024 | 6,926 | |
| Jul 2024 | 7,000 | |
| Jun 2024 | 6,620 | |
| May 2024 | 6,611 | |
| Apr 2024 | 6,333 | |
| Mar 2024 | 6,165 | |
| Feb 2024 | 6,000 | |
| Jan 2024 | 5,794 | |
| Dec 2023 | 6,000 | |
| Nov 2023 | 5,900 | |
| Oct 2023 | 6,919 | |
| Sept 2023 | 7,381 | |
| Aug 2023 | 8,000 | |
| Jul 2023 | 5,575 | |
| Jun 2023 | 5,922 | |
| May 2023 | 5,481 | |
| Apr 2023 | 5,112 | |
| Mar 2023 | 4,753 | |
| Feb 2023 | 4,687 | |
| Dec 2022 | 4,767 | |
| Nov 2022 | 4,485 | |
| Oct 2022 | 4,800 | |
| Sept 2022 | 5,000 | |
| Aug 2022 | 5,175 | |
| Jul 2022 | 5,100 | |
| Jun 2022 | 5,000 | |
| May 2022 | 5,219 | |
| Apr 2022 | 4,267 | |
| Mar 2022 | 4,000 | |
| Feb 2022 | 4,000 | |
| Jan 2022 | 3,825 | |
| Oct 2021 | 3,800 | |
| May 2021 | 3,200 | |
| Apr 2021 | 2,925 | |
| Mar 2021 | 2,800 | |
| Feb 2021 | 2,700 | |
| Jan 2021 | 2,733 | |
| Dec 2020 | 2,511 | |
| Nov 2020 | 2,533 | |
| Oct 2020 | 2,800 | |
| Sept 2020 | 2,683 | |
| Aug 2020 | 2,788 | |
| Jul 2020 | 2,749 | |
| Jun 2020 | 2,833 | |
| Mar 2020 | 2,800 | |
| Feb 2020 | 2,683 | |
| Jan 2020 | 2,533 | |
| Dec 2019 | 2,717 | |
| Nov 2019 | 2,733 | |
| Oct 2019 | 2,450 | |
| Sept 2019 | 3,033 | |
| Aug 2019 | 3,000 | |
| Jul 2019 | 3,067 | |
| Jun 2019 | 3,000 | |
| May 2019 | 2,950 | |
| Mar 2019 | 2,350 | |
| Feb 2019 | 2,317 | |
| Jan 2019 | 2,300 | |
| Dec 2018 | 2,400 | |
| Nov 2018 | 2,371 | |
| Oct 2018 | 2,533 | |
| Sept 2018 | 2,750 | |
| Aug 2018 | 3,033 | |
| Jul 2018 | 3,067 | |
| Jun 2018 | 3,100 | |
| May 2018 | 2,900 | |
| Apr 2018 | 2,700 | |
| Mar 2018 | 2,560 | |
| Feb 2018 | 2,000 | |
| Jan 2018 | 2,144 |
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-2428-62-retail-kg.