Oil (palm) in Gihamagara
Gitega, Burundi · BIF per KG · retail
Normal August 2026: 12% 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
8,348–11,987BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
8,249–13,875BIF 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 12% below the usual level for that time of year (normal). It fell 14% 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 8,348 and 11,987 BIF/KG (8 in 10 chance). January 2027: most likely between 8,249 and 13,875 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 24,454); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 8,936–11,109 | 9,688 | 8,183–11,877 | 10,916 | – |
| Oct 2026 Estimate (this month) | 8,108–11,109 | 9,098 | 7,611–12,705 | 9,749 | – |
| Nov 2026 Next month | 8,348–11,987 | 9,256 | 7,620–17,021 | 10,086 | 10% |
| Dec 2026 In 2 months | 8,364–12,489 | 9,373 | 7,357–18,369 | 10,430 | – |
| Jan 2027 In 3 months | 8,249–13,875 | 9,793 | 7,086–24,454 | 11,102 | – |
Price history (92 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 10,000 | |
| Jun 2026 | 11,333 | |
| May 2026 | 11,583 | |
| Apr 2026 | 10,000 | |
| Mar 2026 | 10,000 | |
| Feb 2026 | 10,000 | |
| Jan 2026 | 9,222 | |
| Dec 2025 | 10,000 | |
| Nov 2025 | 10,000 | |
| Oct 2025 | 10,667 | |
| Sept 2025 | 11,667 | |
| Aug 2025 | 11,125 | |
| Jul 2025 | 12,000 | |
| Jun 2025 | 10,396 | |
| May 2025 | 11,765 | |
| Apr 2025 | 11,375 | |
| Mar 2025 | 10,764 | |
| Feb 2025 | 9,004 | |
| Jan 2025 | 8,146 | |
| Dec 2024 | 6,342 | |
| Nov 2024 | 6,000 | |
| Oct 2024 | 6,000 | |
| Sept 2024 | 6,081 | |
| Aug 2024 | 6,731 | |
| Jul 2024 | 6,283 | |
| Jun 2024 | 6,521 | |
| May 2024 | 6,219 | |
| Apr 2024 | 5,900 | |
| Mar 2024 | 5,753 | |
| Feb 2024 | 6,000 | |
| Jan 2024 | 6,000 | |
| Dec 2023 | 6,500 | |
| Nov 2023 | 5,500 | |
| Oct 2023 | 6,187 | |
| Sept 2023 | 6,298 | |
| Aug 2023 | 6,100 | |
| Jul 2023 | 6,000 | |
| Jun 2023 | 5,844 | |
| May 2023 | 5,720 | |
| Apr 2023 | 5,194 | |
| Mar 2023 | 4,929 | |
| Feb 2023 | 4,724 | |
| Dec 2022 | 4,478 | |
| Nov 2022 | 4,421 | |
| Oct 2022 | 4,023 | |
| Sept 2022 | 4,707 | |
| Aug 2022 | 4,938 | |
| Jun 2022 | 5,000 | |
| May 2022 | 4,720 | |
| Apr 2022 | 4,146 | |
| Mar 2022 | 3,600 | |
| Feb 2022 | 3,583 | |
| Jan 2022 | 3,600 | |
| Oct 2021 | 3,250 | |
| May 2021 | 3,000 | |
| Apr 2021 | 2,870 | |
| Mar 2021 | 2,641 | |
| Feb 2021 | 2,600 | |
| Jan 2021 | 2,600 | |
| Dec 2020 | 2,430 | |
| Nov 2020 | 2,412 | |
| Oct 2020 | 2,400 | |
| Sept 2020 | 2,400 | |
| Aug 2020 | 2,500 | |
| Jul 2020 | 2,500 | |
| Jun 2020 | 2,700 | |
| Mar 2020 | 2,533 | |
| Feb 2020 | 2,560 | |
| Jan 2020 | 2,533 | |
| Dec 2019 | 2,429 | |
| Nov 2019 | 2,460 | |
| Oct 2019 | 2,120 | |
| Sept 2019 | 2,525 | |
| Aug 2019 | 2,720 | |
| Jul 2019 | 2,800 | |
| Jun 2019 | 2,833 | |
| May 2019 | 2,733 | |
| Mar 2019 | 2,417 | |
| Feb 2019 | 2,200 | |
| Jan 2019 | 2,267 | |
| Dec 2018 | 2,143 | |
| Nov 2018 | 2,133 | |
| Oct 2018 | 1,933 | |
| Sept 2018 | 2,520 | |
| Aug 2018 | 3,040 | |
| Jul 2018 | 3,583 | |
| Jun 2018 | 3,367 | |
| May 2018 | 2,800 | |
| Apr 2018 | 2,425 | |
| Mar 2018 | 2,417 | |
| Feb 2018 | 2,000 | |
| Jan 2018 | 2,133 |
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-2432-62-retail-kg.