Oil (palm) in Muramvya
Muramvya, Burundi · BIF per KG · retail
Normal August 2026: 20% 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
7,435–10,164BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,296–10,648BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
4%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 20% below the usual level for that time of year (normal). It fell 12% 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 7,435 and 10,164 BIF/KG (8 in 10 chance). January 2027: most likely between 7,296 and 10,648 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 4%. 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) | 7,827–9,964 | 8,784 | 7,278–10,123 | 10,231 | – |
| Oct 2026 Estimate (this month) | 7,180–9,736 | 8,454 | 6,896–9,871 | 9,308 | – |
| Nov 2026 Next month | 7,435–10,164 | 8,670 | 6,659–11,863 | 9,265 | 4% |
| Dec 2026 In 2 months | 7,417–10,378 | 8,743 | 6,513–11,692 | 9,559 | – |
| Jan 2027 In 3 months | 7,296–10,648 | 9,151 | 6,639–10,806 | 10,367 | – |
Price history (92 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 8,667 | |
| Jul 2026 | 10,000 | |
| Jun 2026 | 8,478 | |
| May 2026 | 9,889 | |
| Apr 2026 | 9,000 | |
| Mar 2026 | 9,769 | |
| Feb 2026 | 9,100 | |
| Jan 2026 | 9,000 | |
| Dec 2025 | 9,500 | |
| Nov 2025 | 9,278 | |
| Oct 2025 | 11,222 | |
| Sept 2025 | 11,391 | |
| Aug 2025 | 11,206 | |
| Jul 2025 | 11,137 | |
| Jun 2025 | 11,602 | |
| May 2025 | 10,959 | |
| Apr 2025 | 10,668 | |
| Mar 2025 | 10,804 | |
| Feb 2025 | 8,651 | |
| Jan 2025 | 7,611 | |
| Dec 2024 | 6,221 | |
| Nov 2024 | 5,769 | |
| Oct 2024 | 5,944 | |
| Sept 2024 | 6,000 | |
| Aug 2024 | 6,000 | |
| Jul 2024 | 6,200 | |
| Jun 2024 | 6,100 | |
| May 2024 | 6,250 | |
| Apr 2024 | 5,975 | |
| Mar 2024 | 5,600 | |
| Feb 2024 | 5,558 | |
| Jan 2024 | 6,400 | |
| Dec 2023 | 5,850 | |
| Nov 2023 | 5,433 | |
| Oct 2023 | 4,691 | |
| Sept 2023 | 6,298 | |
| Aug 2023 | 6,113 | |
| Jul 2023 | 5,692 | |
| Jun 2023 | 5,600 | |
| May 2023 | 5,703 | |
| Apr 2023 | 5,248 | |
| Mar 2023 | 4,715 | |
| Feb 2023 | 4,639 | |
| Dec 2022 | 4,450 | |
| Nov 2022 | 4,550 | |
| Oct 2022 | 4,035 | |
| Sept 2022 | 4,878 | |
| Aug 2022 | 5,206 | |
| Jun 2022 | 4,900 | |
| May 2022 | 4,944 | |
| Apr 2022 | 4,250 | |
| Mar 2022 | 3,833 | |
| Feb 2022 | 3,800 | |
| Jan 2022 | 3,600 | |
| Oct 2021 | 3,550 | |
| May 2021 | 2,700 | |
| Apr 2021 | 2,554 | |
| Mar 2021 | 2,800 | |
| Feb 2021 | 2,567 | |
| Jan 2021 | 2,700 | |
| Dec 2020 | 2,425 | |
| Nov 2020 | 2,517 | |
| Sept 2020 | 2,420 | |
| Aug 2020 | 2,685 | |
| Jul 2020 | 2,708 | |
| Jun 2020 | 2,631 | |
| Mar 2020 | 2,543 | |
| Feb 2020 | 2,600 | |
| Jan 2020 | 2,567 | |
| Dec 2019 | 2,480 | |
| Nov 2019 | 2,267 | |
| Oct 2019 | 2,180 | |
| Sept 2019 | 2,517 | |
| Aug 2019 | 3,000 | |
| Jul 2019 | 3,000 | |
| Jun 2019 | 2,633 | |
| May 2019 | 2,833 | |
| Mar 2019 | 2,367 | |
| Feb 2019 | 2,600 | |
| Jan 2019 | 2,367 | |
| Dec 2018 | 2,233 | |
| Nov 2018 | 2,200 | |
| Oct 2018 | 2,120 | |
| Sept 2018 | 2,600 | |
| Aug 2018 | 3,433 | |
| Jul 2018 | 3,200 | |
| Jun 2018 | 3,180 | |
| May 2018 | 3,080 | |
| Apr 2018 | 2,733 | |
| Mar 2018 | 2,475 | |
| Feb 2018 | 2,333 | |
| Jan 2018 | 2,200 |
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-2451-62-retail-kg.