Oil (palm) in Mabanda
Makamba, 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
7,434–10,500BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,484–11,188BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
6%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 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 7,434 and 10,500 BIF/KG (8 in 10 chance). January 2027: most likely between 7,484 and 11,188 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 6%. 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) | 7,452–9,767 | 8,345 | 6,829–10,482 | 9,082 | – |
| Oct 2026 Estimate (this month) | 7,452–10,049 | 8,397 | 6,861–11,220 | 9,315 | – |
| Nov 2026 Next month | 7,434–10,500 | 8,455 | 6,792–13,033 | 9,514 | 6% |
| Dec 2026 In 2 months | 7,484–10,548 | 8,470 | 6,608–11,152 | 9,304 | – |
| Jan 2027 In 3 months | 7,484–11,188 | 8,912 | 6,210–12,953 | 10,258 | – |
Price history (93 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 9,000 | |
| Jul 2026 | 9,000 | |
| Jun 2026 | 9,250 | |
| May 2026 | 10,056 | |
| Apr 2026 | 9,000 | |
| Mar 2026 | 8,625 | |
| Feb 2026 | 9,524 | |
| Jan 2026 | 10,029 | |
| Dec 2025 | 8,000 | |
| Nov 2025 | 7,875 | |
| Oct 2025 | 9,278 | |
| Sept 2025 | 9,019 | |
| Aug 2025 | 11,500 | |
| Jul 2025 | 10,000 | |
| Jun 2025 | 10,122 | |
| May 2025 | 9,500 | |
| Apr 2025 | 9,333 | |
| Mar 2025 | 9,875 | |
| Feb 2025 | 8,969 | |
| Jan 2025 | 7,808 | |
| Dec 2024 | 5,738 | |
| Nov 2024 | 6,250 | |
| Oct 2024 | 5,444 | |
| Sept 2024 | 4,688 | |
| Aug 2024 | 6,000 | |
| Jul 2024 | 6,233 | |
| Jun 2024 | 6,256 | |
| May 2024 | 5,298 | |
| Apr 2024 | 5,000 | |
| Mar 2024 | 5,407 | |
| Feb 2024 | 5,385 | |
| Jan 2024 | 5,622 | |
| Dec 2023 | 5,150 | |
| Nov 2023 | 5,250 | |
| Oct 2023 | 5,527 | |
| Sept 2023 | 6,380 | |
| Aug 2023 | 6,500 | |
| Jul 2023 | 6,708 | |
| Jun 2023 | 6,343 | |
| May 2023 | 6,200 | |
| Apr 2023 | 4,975 | |
| Mar 2023 | 4,947 | |
| Feb 2023 | 4,607 | |
| Dec 2022 | 4,270 | |
| Nov 2022 | 4,141 | |
| Oct 2022 | 4,046 | |
| Sept 2022 | 4,217 | |
| Aug 2022 | 4,747 | |
| Jun 2022 | 4,500 | |
| May 2022 | 4,615 | |
| Apr 2022 | 4,233 | |
| Mar 2022 | 3,783 | |
| Feb 2022 | 3,400 | |
| Jan 2022 | 3,750 | |
| Oct 2021 | 3,167 | |
| May 2021 | 3,000 | |
| Apr 2021 | 2,834 | |
| Mar 2021 | 2,702 | |
| Feb 2021 | 2,317 | |
| Jan 2021 | 2,367 | |
| Dec 2020 | 2,300 | |
| Nov 2020 | 4,050 | Data error |
| Oct 2020 | 2,127 | |
| Sept 2020 | 2,075 | |
| Aug 2020 | 2,267 | |
| Jul 2020 | 2,444 | |
| Jun 2020 | 2,361 | |
| Mar 2020 | 2,340 | |
| Feb 2020 | 2,550 | |
| Jan 2020 | 2,000 | |
| Dec 2019 | 2,360 | |
| Nov 2019 | 2,133 | |
| Oct 2019 | 2,083 | |
| Sept 2019 | 2,150 | |
| Aug 2019 | 2,860 | |
| Jul 2019 | 2,825 | |
| Jun 2019 | 3,333 | |
| May 2019 | 2,720 | |
| Mar 2019 | 2,460 | |
| Feb 2019 | 2,200 | |
| Jan 2019 | 2,120 | |
| Dec 2018 | 2,040 | |
| Nov 2018 | 2,033 | |
| Oct 2018 | 2,400 | |
| Sept 2018 | 1,860 | |
| Aug 2018 | 2,800 | |
| Jul 2018 | 3,200 | |
| Jun 2018 | 3,033 | |
| May 2018 | 2,533 | |
| Apr 2018 | 2,214 | |
| Mar 2018 | 1,420 | |
| Feb 2018 | 1,100 | |
| Jan 2018 | 1,800 |
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-2444-62-retail-kg.