Oil (palm) in Gihogazi
Karuzi, Burundi · BIF per KG · retail
Normal August 2026: 19% 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
7,889–10,704BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,605–12,028BIF 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 19% below the usual level for that time of year (normal). It fell 8% 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 7,889 and 10,704 BIF/KG (8 in 10 chance). January 2027: most likely between 7,605 and 12,028 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) | 8,256–10,396 | 9,313 | 8,146–10,871 | 11,215 | – |
| Oct 2026 Estimate (this month) | 7,919–10,405 | 9,010 | 7,662–10,682 | 10,496 | – |
| Nov 2026 Next month | 7,889–10,704 | 9,032 | 7,538–12,093 | 10,375 | 2% |
| Dec 2026 In 2 months | 7,766–11,193 | 9,037 | 6,961–13,489 | 10,294 | – |
| Jan 2027 In 3 months | 7,605–12,028 | 9,296 | 6,636–14,761 | 11,100 | – |
Price history (90 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 9,000 | |
| Jun 2026 | 9,833 | |
| May 2026 | 9,792 | |
| Apr 2026 | 9,500 | |
| Mar 2026 | 9,479 | |
| Feb 2026 | 9,842 | |
| Jan 2026 | 9,889 | |
| Dec 2025 | 9,637 | |
| Nov 2025 | 11,000 | |
| Oct 2025 | 10,833 | |
| Sept 2025 | 11,741 | |
| Aug 2025 | 12,000 | |
| Jul 2025 | 12,000 | |
| Jun 2025 | 12,000 | |
| May 2025 | 11,548 | |
| Apr 2025 | 11,588 | |
| Mar 2025 | 9,880 | |
| Feb 2025 | 8,636 | |
| Jan 2025 | 8,123 | |
| Dec 2024 | 6,412 | |
| Nov 2024 | 6,510 | |
| Oct 2024 | 6,230 | |
| Sept 2024 | 6,350 | |
| Aug 2024 | 6,324 | |
| Jul 2024 | 6,325 | |
| Jun 2024 | 6,865 | |
| May 2024 | 6,441 | |
| Apr 2024 | 6,344 | |
| Mar 2024 | 5,933 | |
| Feb 2024 | 6,013 | |
| Jan 2024 | 5,938 | |
| Dec 2023 | 6,000 | |
| Nov 2023 | 6,000 | |
| Oct 2023 | 6,080 | |
| Sept 2023 | 6,538 | |
| Aug 2023 | 6,300 | |
| Jul 2023 | 5,950 | |
| Jun 2023 | 5,833 | |
| May 2023 | 6,000 | |
| Apr 2023 | 4,915 | |
| Mar 2023 | 4,947 | |
| Feb 2023 | 4,750 | |
| Dec 2022 | 4,500 | |
| Nov 2022 | 4,438 | |
| Oct 2022 | 4,198 | |
| Sept 2022 | 4,580 | |
| Aug 2022 | 4,781 | |
| May 2022 | 4,500 | |
| Apr 2022 | 4,000 | |
| Mar 2022 | 3,875 | |
| Feb 2022 | 3,604 | |
| Jan 2022 | 3,550 | |
| Oct 2021 | 4,000 | |
| May 2021 | 3,000 | |
| Apr 2021 | 2,906 | |
| Mar 2021 | 2,732 | |
| Feb 2021 | 2,650 | |
| Jan 2021 | 2,445 | |
| Dec 2020 | 2,403 | |
| Nov 2020 | 2,467 | |
| Oct 2020 | 2,600 | |
| Sept 2020 | 2,600 | |
| Aug 2020 | 2,520 | |
| Jul 2020 | 2,512 | |
| Jun 2020 | 2,867 | |
| Mar 2020 | 2,660 | |
| Feb 2020 | 2,900 | |
| Jan 2020 | 2,933 | |
| Dec 2019 | 2,650 | |
| Nov 2019 | 2,500 | |
| Oct 2019 | 2,467 | |
| Sept 2019 | 2,700 | |
| Aug 2019 | 2,933 | |
| Jul 2019 | 3,017 | |
| Jun 2019 | 2,933 | |
| May 2019 | 2,550 | |
| Mar 2019 | 2,267 | |
| Feb 2019 | 2,258 | |
| Jan 2019 | 2,167 | |
| Dec 2018 | 2,200 | |
| Nov 2018 | 2,100 | |
| Oct 2018 | 2,317 | |
| Sept 2018 | 2,717 | |
| Aug 2018 | 2,950 | |
| Jul 2018 | 3,233 | |
| Jun 2018 | 3,225 | |
| May 2018 | 2,683 | |
| Apr 2018 | 2,375 | |
| Feb 2018 | 2,133 | |
| Jan 2018 | 2,217 |
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-2433-62-retail-kg.