Oil (palm) in Mwakiro
Muyinga, Burundi · BIF per KG · retail
Normal August 2026: 15% 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
8,155–11,288BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,995–11,707BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
1%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 15% below the usual level for that time of year (normal). It fell 11% 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 8,155 and 11,288 BIF/KG (8 in 10 chance). January 2027: most likely between 7,995 and 11,707 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 1%. 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) | 8,671–10,984 | 9,639 | 8,238–11,464 | 11,270 | – |
| Oct 2026 Estimate (this month) | 8,129–10,958 | 9,458 | 7,856–10,958 | 10,560 | – |
| Nov 2026 Next month | 8,155–11,288 | 9,519 | 7,260–12,259 | 10,797 | 1% |
| Dec 2026 In 2 months | 7,954–11,385 | 9,293 | 7,209–12,713 | 10,243 | – |
| Jan 2027 In 3 months | 7,995–11,707 | 9,591 | 7,301–12,134 | 10,875 | – |
Price history (91 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 10,000 | |
| Jul 2026 | 9,000 | |
| Jun 2026 | 10,725 | |
| May 2026 | 11,247 | |
| Apr 2026 | 11,667 | |
| Mar 2026 | 11,467 | |
| Feb 2026 | 10,475 | |
| Jan 2026 | 10,500 | |
| Dec 2025 | 9,625 | |
| Nov 2025 | 10,933 | |
| Oct 2025 | 10,000 | |
| Sept 2025 | 11,217 | |
| Aug 2025 | 11,912 | |
| Jul 2025 | 12,088 | |
| Jun 2025 | 11,356 | |
| May 2025 | 11,715 | |
| Apr 2025 | 11,761 | |
| Mar 2025 | 9,933 | |
| Feb 2025 | 8,841 | |
| Jan 2025 | 7,412 | |
| Dec 2024 | 6,646 | |
| Nov 2024 | 6,650 | |
| Oct 2024 | 6,927 | |
| Sept 2024 | 7,000 | |
| Aug 2024 | 6,875 | |
| Jul 2024 | 6,625 | |
| Jun 2024 | 6,938 | |
| May 2024 | 6,769 | |
| Apr 2024 | 6,000 | |
| Mar 2024 | 5,900 | |
| Feb 2024 | 6,000 | |
| Jan 2024 | 6,000 | |
| Nov 2023 | 7,000 | |
| Oct 2023 | 6,906 | |
| Sept 2023 | 6,355 | |
| Aug 2023 | 7,000 | |
| Jul 2023 | 6,125 | |
| Jun 2023 | 6,000 | |
| May 2023 | 6,000 | |
| Apr 2023 | 5,310 | |
| Mar 2023 | 5,121 | |
| Feb 2023 | 5,067 | |
| Jan 2023 | 5,200 | |
| Dec 2022 | 4,755 | |
| Nov 2022 | 4,967 | |
| Oct 2022 | 4,750 | |
| Sept 2022 | 5,000 | |
| Aug 2022 | 5,350 | |
| May 2022 | 4,607 | |
| Apr 2022 | 4,431 | |
| Mar 2022 | 3,810 | |
| Feb 2022 | 3,950 | |
| Jan 2022 | 3,800 | |
| Oct 2021 | 3,650 | |
| Apr 2021 | 2,850 | |
| Mar 2021 | 2,733 | |
| Feb 2021 | 2,800 | |
| Jan 2021 | 2,750 | |
| Dec 2020 | 2,400 | |
| Nov 2020 | 2,444 | |
| Oct 2020 | 2,391 | |
| Sept 2020 | 2,505 | |
| Aug 2020 | 2,456 | |
| Jul 2020 | 2,617 | |
| Jun 2020 | 2,617 | |
| Mar 2020 | 2,360 | |
| Feb 2020 | 2,567 | |
| Jan 2020 | 2,567 | |
| Dec 2019 | 2,500 | |
| Nov 2019 | 2,450 | |
| Oct 2019 | 2,720 | |
| Sept 2019 | 2,660 | |
| Aug 2019 | 2,760 | |
| Jul 2019 | 2,880 | |
| Jun 2019 | 2,750 | |
| May 2019 | 2,850 | |
| Mar 2019 | 2,525 | |
| Feb 2019 | 2,425 | |
| Jan 2019 | 2,340 | |
| Dec 2018 | 2,475 | |
| Nov 2018 | 2,440 | |
| Oct 2018 | 2,300 | |
| Sept 2018 | 3,000 | |
| Aug 2018 | 3,725 | |
| Jul 2018 | 3,800 | |
| Jun 2018 | 3,800 | |
| May 2018 | 3,050 | |
| Apr 2018 | 2,575 | |
| Mar 2018 | 2,420 | |
| Feb 2018 | 2,400 | |
| Jan 2018 | 1,886 |
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-2454-62-retail-kg.