Oil (palm) in Mwaro
Mwaro, Burundi · BIF per KG · retail
Normal August 2026: 8% 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
8,201–11,651BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
8,187–12,244BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
10%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 8% below the usual level for that time of year (normal). It fell 5% 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 8,201 and 11,651 BIF/KG (8 in 10 chance). January 2027: most likely between 8,187 and 12,244 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 10%. 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) | 8,854–11,361 | 9,899 | 7,960–12,063 | 11,118 | – |
| Oct 2026 Estimate (this month) | 8,370–11,242 | 9,433 | 7,487–13,524 | 10,078 | – |
| Nov 2026 Next month | 8,201–11,651 | 9,159 | 7,333–14,347 | 9,825 | 10% |
| Dec 2026 In 2 months | 8,243–12,059 | 9,261 | 7,294–15,170 | 10,122 | – |
| Jan 2027 In 3 months | 8,187–12,244 | 9,487 | 6,888–15,420 | 10,322 | – |
Price history (91 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 10,500 | |
| Jun 2026 | 11,056 | |
| May 2026 | 11,111 | |
| Apr 2026 | 10,333 | |
| Mar 2026 | 12,413 | |
| Feb 2026 | 9,599 | |
| Jan 2026 | 9,735 | |
| Dec 2025 | 9,794 | |
| Nov 2025 | 10,457 | |
| Oct 2025 | 10,559 | |
| Sept 2025 | 10,957 | |
| Aug 2025 | 11,650 | |
| Jul 2025 | 12,000 | |
| Jun 2025 | 11,098 | |
| May 2025 | 11,900 | |
| Apr 2025 | 10,875 | |
| Mar 2025 | 10,847 | |
| Feb 2025 | 8,156 | |
| Jan 2025 | 6,729 | |
| Dec 2024 | 5,958 | |
| Nov 2024 | 6,206 | |
| Oct 2024 | 6,245 | |
| Sept 2024 | 6,111 | |
| Aug 2024 | 6,500 | |
| Jul 2024 | 5,889 | |
| Jun 2024 | 6,171 | |
| May 2024 | 5,976 | |
| Apr 2024 | 6,648 | |
| Mar 2024 | 5,310 | |
| Feb 2024 | 5,673 | |
| Jan 2024 | 5,781 | |
| Dec 2023 | 6,500 | |
| Nov 2023 | 5,792 | |
| Oct 2023 | 5,480 | |
| Sept 2023 | 6,610 | |
| Aug 2023 | 6,500 | |
| Jul 2023 | 5,883 | |
| Jun 2023 | 5,542 | |
| May 2023 | 5,418 | |
| Apr 2023 | 5,300 | |
| Mar 2023 | 5,028 | |
| Feb 2023 | 4,762 | |
| Dec 2022 | 4,571 | |
| Nov 2022 | 4,612 | |
| Oct 2022 | 4,650 | |
| Sept 2022 | 4,898 | |
| Aug 2022 | 5,494 | |
| May 2022 | 4,597 | |
| Apr 2022 | 4,442 | |
| Mar 2022 | 3,933 | |
| Feb 2022 | 3,867 | |
| Jan 2022 | 3,700 | |
| Oct 2021 | 3,833 | |
| Jul 2021 | 3,800 | |
| Apr 2021 | 2,842 | |
| Mar 2021 | 2,756 | |
| Feb 2021 | 2,867 | |
| Jan 2021 | 2,650 | |
| Dec 2020 | 2,748 | |
| Nov 2020 | 2,676 | |
| Oct 2020 | 2,400 | |
| Sept 2020 | 2,748 | |
| Aug 2020 | 2,667 | |
| Jul 2020 | 2,723 | |
| Jun 2020 | 2,825 | |
| Mar 2020 | 2,700 | |
| Feb 2020 | 2,600 | |
| Jan 2020 | 2,650 | |
| Dec 2019 | 2,600 | |
| Nov 2019 | 2,300 | |
| Oct 2019 | 2,700 | |
| Sept 2019 | 3,000 | |
| Aug 2019 | 3,050 | |
| Jul 2019 | 3,000 | |
| Jun 2019 | 3,000 | |
| May 2019 | 2,920 | |
| Mar 2019 | 2,517 | |
| Feb 2019 | 2,200 | |
| Jan 2019 | 2,420 | |
| Dec 2018 | 2,333 | |
| Nov 2018 | 2,200 | |
| Oct 2018 | 2,600 | |
| Sept 2018 | 3,120 | |
| Aug 2018 | 3,433 | |
| Jul 2018 | 3,483 | |
| Jun 2018 | 3,171 | |
| May 2018 | 2,700 | |
| Apr 2018 | 2,740 | |
| Mar 2018 | 2,420 | |
| Feb 2018 | 2,600 | |
| Jan 2018 | 2,120 |
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-2455-62-retail-kg.