Oil (palm) in Masanganzira
Ngozi, Burundi · BIF per KG · retail
Normal August 2026: 10% 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
8,010–11,063BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,828–11,883BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
5%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 10% below the usual level for that time of year (normal). It fell 6% 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 8,010 and 11,063 BIF/KG (8 in 10 chance). January 2027: most likely between 7,828 and 11,883 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 5%. 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 15,809); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 8,570–10,700 | 9,491 | 8,140–10,826 | 10,569 | – |
| Oct 2026 Estimate (this month) | 7,909–10,557 | 9,093 | 7,730–11,146 | 9,723 | – |
| Nov 2026 Next month | 8,010–11,063 | 9,115 | 7,444–12,851 | 9,805 | 5% |
| Dec 2026 In 2 months | 7,829–11,205 | 9,047 | 7,224–12,928 | 9,612 | – |
| Jan 2027 In 3 months | 7,828–11,883 | 9,214 | 6,894–15,809 | 10,236 | – |
Price history (89 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 9,833 | |
| Jun 2026 | 10,250 | |
| May 2026 | 10,500 | |
| Apr 2026 | 10,750 | |
| Mar 2026 | 10,779 | |
| Feb 2026 | 10,889 | |
| Jan 2026 | 9,500 | |
| Dec 2025 | 10,583 | |
| Nov 2025 | 11,167 | |
| Oct 2025 | 11,000 | |
| Sept 2025 | 11,645 | |
| Aug 2025 | 10,667 | |
| Jul 2025 | 11,404 | |
| Jun 2025 | 10,759 | |
| May 2025 | 10,833 | |
| Apr 2025 | 10,167 | |
| Mar 2025 | 9,583 | |
| Feb 2025 | 7,578 | |
| Jan 2025 | 6,365 | |
| Dec 2024 | 5,463 | |
| Nov 2024 | 6,151 | |
| Oct 2024 | 5,752 | |
| Sept 2024 | 5,562 | |
| Aug 2024 | 5,858 | |
| Jul 2024 | 6,026 | |
| Jun 2024 | 5,600 | |
| May 2024 | 5,250 | |
| Mar 2024 | 5,289 | |
| Feb 2024 | 5,600 | |
| Jan 2024 | 5,311 | |
| Nov 2023 | 5,500 | |
| Oct 2023 | 5,833 | |
| Sept 2023 | 6,083 | |
| Aug 2023 | 5,950 | |
| Jul 2023 | 4,974 | |
| Jun 2023 | 5,044 | |
| May 2023 | 4,514 | |
| Apr 2023 | 4,589 | |
| Mar 2023 | 4,283 | |
| Feb 2023 | 4,313 | |
| Jan 2023 | 4,200 | |
| Dec 2022 | 3,973 | |
| Nov 2022 | 3,997 | |
| Oct 2022 | 3,917 | |
| Sept 2022 | 4,313 | |
| Aug 2022 | 4,965 | |
| May 2022 | 4,700 | |
| Apr 2022 | 4,100 | |
| Mar 2022 | 3,839 | |
| Feb 2022 | 3,800 | |
| Jan 2022 | 3,500 | |
| May 2021 | 2,850 | |
| Apr 2021 | 2,780 | |
| Mar 2021 | 2,552 | |
| Feb 2021 | 2,600 | |
| Jan 2021 | 2,533 | |
| Dec 2020 | 2,267 | |
| Nov 2020 | 2,283 | |
| Oct 2020 | 2,200 | |
| Sept 2020 | 2,250 | |
| Aug 2020 | 2,467 | |
| Jul 2020 | 2,425 | |
| Jun 2020 | 2,420 | |
| Mar 2020 | 2,483 | |
| Feb 2020 | 2,350 | |
| Jan 2020 | 2,425 | |
| Dec 2019 | 2,383 | |
| Nov 2019 | 2,217 | |
| Oct 2019 | 2,033 | |
| Sept 2019 | 2,320 | |
| Aug 2019 | 2,533 | |
| Jul 2019 | 2,610 | |
| Jun 2019 | 2,633 | |
| May 2019 | 2,617 | |
| Mar 2019 | 2,333 | |
| Feb 2019 | 2,200 | |
| Jan 2019 | 2,000 | |
| Dec 2018 | 1,967 | |
| Nov 2018 | 1,900 | |
| Oct 2018 | 2,117 | |
| Sept 2018 | 2,767 | |
| Aug 2018 | 2,929 | |
| Jul 2018 | 2,833 | |
| Jun 2018 | 2,800 | |
| May 2018 | 2,760 | |
| Apr 2018 | 2,350 | |
| Mar 2018 | 2,100 | |
| Feb 2018 | 2,050 | |
| Jan 2018 | 1,971 |
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-2447-62-retail-kg.