Oil (palm) in Nyabikere
Karuzi, 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
7,793–11,432BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,601–12,092BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
9%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 rose 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 7,793 and 11,432 BIF/KG (8 in 10 chance). January 2027: most likely between 7,601 and 12,092 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 9%. 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 15,532); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 8,453–10,873 | 9,448 | 7,983–11,561 | 10,451 | – |
| Oct 2026 Estimate (this month) | 7,699–10,975 | 8,932 | 7,148–12,099 | 9,211 | – |
| Nov 2026 Next month | 7,793–11,432 | 9,067 | 7,299–13,608 | 9,509 | 9% |
| Dec 2026 In 2 months | 7,668–11,622 | 8,976 | 6,937–13,705 | 9,597 | – |
| Jan 2027 In 3 months | 7,601–12,092 | 9,234 | 6,438–15,532 | 10,367 | – |
Price history (92 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 10,333 | |
| Jun 2026 | 10,000 | |
| May 2026 | 10,125 | |
| Apr 2026 | 9,000 | |
| Mar 2026 | 8,271 | |
| Feb 2026 | 8,333 | |
| Jan 2026 | 9,576 | |
| Dec 2025 | 9,725 | |
| Nov 2025 | 10,000 | |
| Oct 2025 | 9,421 | |
| Sept 2025 | 10,783 | |
| Aug 2025 | 11,912 | |
| Jul 2025 | 11,176 | |
| Jun 2025 | 10,958 | |
| May 2025 | 11,692 | |
| Apr 2025 | 10,444 | |
| Mar 2025 | 10,938 | |
| Feb 2025 | 7,810 | |
| Jan 2025 | 7,062 | |
| Dec 2024 | 6,196 | |
| Nov 2024 | 5,739 | |
| Oct 2024 | 5,734 | |
| Sept 2024 | 6,250 | |
| Aug 2024 | 7,606 | |
| Jul 2024 | 6,750 | |
| Jun 2024 | 6,000 | |
| May 2024 | 6,722 | |
| Apr 2024 | 6,150 | |
| Mar 2024 | 5,500 | |
| Feb 2024 | 5,448 | |
| Jan 2024 | 5,825 | |
| Dec 2023 | 6,000 | |
| Nov 2023 | 5,700 | |
| Oct 2023 | 5,911 | |
| Sept 2023 | 6,275 | |
| Aug 2023 | 5,800 | |
| Jul 2023 | 5,861 | |
| Jun 2023 | 5,873 | |
| May 2023 | 5,424 | |
| Apr 2023 | 5,152 | |
| Mar 2023 | 4,961 | |
| Feb 2023 | 4,683 | |
| Dec 2022 | 4,208 | |
| Nov 2022 | 4,187 | |
| Oct 2022 | 4,162 | |
| Sept 2022 | 4,937 | |
| Aug 2022 | 4,931 | |
| Jun 2022 | 4,800 | |
| May 2022 | 4,577 | |
| Apr 2022 | 4,000 | |
| Mar 2022 | 3,956 | |
| Feb 2022 | 3,712 | |
| Jan 2022 | 3,650 | |
| Oct 2021 | 3,200 | |
| May 2021 | 2,900 | |
| Apr 2021 | 2,698 | |
| Mar 2021 | 2,515 | |
| Feb 2021 | 2,600 | |
| Jan 2021 | 2,400 | |
| Dec 2020 | 2,267 | |
| Nov 2020 | 2,300 | |
| Oct 2020 | 2,400 | |
| Sept 2020 | 2,194 | |
| Aug 2020 | 2,267 | |
| Jul 2020 | 2,300 | |
| Jun 2020 | 2,700 | |
| Mar 2020 | 2,360 | |
| Feb 2020 | 2,280 | |
| Jan 2020 | 2,333 | |
| Dec 2019 | 2,343 | |
| Nov 2019 | 2,467 | |
| Oct 2019 | 2,067 | |
| Sept 2019 | 2,433 | |
| Aug 2019 | 2,867 | |
| Jul 2019 | 2,933 | |
| Jun 2019 | 3,067 | |
| May 2019 | 2,850 | |
| Mar 2019 | 2,360 | |
| Feb 2019 | 2,333 | |
| Jan 2019 | 2,167 | |
| Dec 2018 | 2,000 | |
| Nov 2018 | 5,300 | Data error |
| Oct 2018 | 1,967 | |
| Sept 2018 | 2,633 | |
| Aug 2018 | 3,033 | |
| Jul 2018 | 3,533 | |
| Jun 2018 | 3,333 | |
| May 2018 | 2,767 | |
| Apr 2018 | 2,567 | |
| Mar 2018 | 2,450 | |
| Feb 2018 | 2,300 | |
| Jan 2018 | 2,275 |
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-2458-62-retail-kg.