Oil (palm) in Nyabihanga
Mwaro, Burundi · BIF per KG · retail
Normal August 2026: 9% 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
8,634–11,370BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
8,421–11,907BIF 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 9% below the usual level for that time of year (normal). It fell 2% 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 8,634 and 11,370 BIF/KG (8 in 10 chance). January 2027: most likely between 8,421 and 11,907 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 15,111); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 9,041–11,121 | 10,075 | 8,767–11,343 | 11,079 | – |
| Oct 2026 Estimate (this month) | 8,784–10,855 | 9,581 | 8,358–11,985 | 10,553 | – |
| Nov 2026 Next month | 8,634–11,370 | 9,468 | 8,179–14,085 | 10,310 | 5% |
| Dec 2026 In 2 months | 8,422–11,399 | 9,398 | 7,842–13,235 | 10,150 | – |
| Jan 2027 In 3 months | 8,421–11,907 | 9,519 | 7,609–15,111 | 10,400 | – |
Price history (88 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 10,167 | |
| Jun 2026 | 10,000 | |
| May 2026 | 10,417 | |
| Mar 2026 | 9,583 | |
| Feb 2026 | 10,321 | |
| Jan 2026 | 10,353 | |
| Dec 2025 | 9,853 | |
| Nov 2025 | 10,438 | |
| Oct 2025 | 10,588 | |
| Sept 2025 | 11,442 | |
| Aug 2025 | 12,000 | |
| Jul 2025 | 11,821 | |
| Jun 2025 | 11,312 | |
| May 2025 | 11,323 | |
| Apr 2025 | 11,406 | |
| Mar 2025 | 10,150 | |
| Feb 2025 | 8,810 | |
| Jan 2025 | 7,550 | |
| Dec 2024 | 6,138 | |
| Nov 2024 | 6,809 | |
| Oct 2024 | 6,275 | |
| Sept 2024 | 6,350 | |
| Aug 2024 | 6,344 | |
| Jul 2024 | 6,146 | |
| Jun 2024 | 6,467 | |
| May 2024 | 6,206 | |
| Apr 2024 | 6,033 | |
| Mar 2024 | 6,050 | |
| Feb 2024 | 5,600 | |
| Jan 2024 | 5,650 | |
| Dec 2023 | 6,000 | |
| Nov 2023 | 5,800 | |
| Oct 2023 | 6,000 | |
| Sept 2023 | 6,538 | |
| Aug 2023 | 5,769 | |
| Jul 2023 | 6,136 | |
| Jun 2023 | 6,000 | |
| May 2023 | 5,417 | |
| Apr 2023 | 5,088 | |
| Mar 2023 | 4,800 | |
| Feb 2023 | 4,775 | |
| Dec 2022 | 4,600 | |
| Nov 2022 | 4,400 | |
| Oct 2022 | 4,500 | |
| Sept 2022 | 4,750 | |
| Aug 2022 | 5,217 | |
| May 2022 | 4,767 | |
| Apr 2022 | 4,300 | |
| Mar 2022 | 3,600 | |
| Feb 2022 | 3,600 | |
| Jan 2022 | 3,600 | |
| Oct 2021 | 4,000 | |
| Apr 2021 | 2,750 | |
| Mar 2021 | 2,733 | |
| Feb 2021 | 2,600 | |
| Jan 2021 | 2,583 | |
| Dec 2020 | 2,352 | |
| Nov 2020 | 2,387 | |
| Oct 2020 | 2,628 | |
| Sept 2020 | 2,344 | |
| Aug 2020 | 2,291 | |
| Jul 2020 | 2,713 | |
| Jun 2020 | 2,685 | |
| Mar 2020 | 2,433 | |
| Feb 2020 | 2,467 | |
| Jan 2020 | 2,400 | |
| Dec 2019 | 2,543 | |
| Nov 2019 | 2,580 | |
| Oct 2019 | 2,340 | |
| Sept 2019 | 2,600 | |
| Aug 2019 | 2,775 | |
| Jul 2019 | 2,867 | |
| Jun 2019 | 2,667 | |
| May 2019 | 2,750 | |
| Mar 2019 | 2,375 | |
| Feb 2019 | 2,333 | |
| Jan 2019 | 2,200 | |
| Dec 2018 | 2,240 | |
| Nov 2018 | 2,233 | |
| Oct 2018 | 2,580 | |
| Sept 2018 | 3,000 | |
| Aug 2018 | 3,300 | |
| Jul 2018 | 3,400 | |
| Jun 2018 | 3,283 | |
| May 2018 | 2,800 | |
| Apr 2018 | 2,600 | |
| Mar 2018 | 2,175 | |
| Feb 2018 | 2,350 |
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-2457-62-retail-kg.