Oil (palm) in Buhiga
Karuzi, Burundi · BIF per KG · retail
Normal August 2026: 21% 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
7,656–10,336BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,479–10,837BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
2%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 21% below the usual level for that time of year (normal). It fell 10% 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 7,656 and 10,336 BIF/KG (8 in 10 chance). January 2027: most likely between 7,479 and 10,837 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 2%. 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) | 8,147–10,285 | 8,924 | 7,577–10,490 | 10,690 | – |
| Oct 2026 Estimate (this month) | 7,685–10,160 | 8,759 | 6,900–10,798 | 9,879 | – |
| Nov 2026 Next month | 7,656–10,336 | 8,852 | 7,035–11,239 | 9,961 | 2% |
| Dec 2026 In 2 months | 7,732–10,656 | 9,001 | 6,791–10,783 | 10,269 | – |
| Jan 2027 In 3 months | 7,479–10,837 | 9,059 | 6,499–11,814 | 10,219 | – |
Price history (90 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 8,842 | |
| Jul 2026 | 10,000 | |
| Jun 2026 | 9,391 | |
| May 2026 | 9,833 | |
| Apr 2026 | 10,000 | |
| Mar 2026 | 9,833 | |
| Feb 2026 | 10,718 | |
| Jan 2026 | 8,636 | |
| Dec 2025 | 9,507 | |
| Nov 2025 | 9,854 | |
| Oct 2025 | 10,569 | |
| Sept 2025 | 9,615 | |
| Aug 2025 | 10,500 | |
| Jul 2025 | 11,269 | |
| Jun 2025 | 11,062 | |
| May 2025 | 11,417 | |
| Apr 2025 | 12,000 | |
| Mar 2025 | 10,275 | |
| Feb 2025 | 8,595 | |
| Jan 2025 | 6,895 | |
| Dec 2024 | 6,583 | |
| Nov 2024 | 6,000 | |
| Oct 2024 | 5,916 | |
| Sept 2024 | 6,008 | |
| Aug 2024 | 6,038 | |
| Jul 2024 | 6,222 | |
| Jun 2024 | 6,288 | |
| May 2024 | 6,139 | |
| Apr 2024 | 6,333 | |
| Mar 2024 | 5,761 | |
| Feb 2024 | 5,724 | |
| Jan 2024 | 5,763 | |
| Dec 2023 | 5,800 | |
| Nov 2023 | 5,495 | |
| Oct 2023 | 5,638 | |
| Sept 2023 | 6,133 | |
| Aug 2023 | 6,000 | |
| Jul 2023 | 5,644 | |
| Jun 2023 | 5,833 | |
| May 2023 | 5,621 | |
| Apr 2023 | 4,930 | |
| Mar 2023 | 4,628 | |
| Feb 2023 | 4,567 | |
| Dec 2022 | 4,582 | |
| Nov 2022 | 4,571 | |
| Oct 2022 | 4,167 | |
| Sept 2022 | 4,675 | |
| Aug 2022 | 4,946 | |
| Jul 2022 | 5,000 | |
| May 2022 | 4,637 | |
| Apr 2022 | 4,062 | |
| Mar 2022 | 3,633 | |
| Feb 2022 | 3,567 | |
| Jan 2022 | 3,600 | |
| Oct 2021 | 3,667 | |
| Aug 2021 | 4,433 | |
| May 2021 | 3,000 | |
| Apr 2021 | 2,779 | |
| Mar 2021 | 2,600 | |
| Feb 2021 | 2,500 | |
| Jan 2021 | 2,517 | |
| Dec 2020 | 2,400 | |
| Nov 2020 | 2,400 | |
| Oct 2020 | 2,200 | |
| Sept 2020 | 2,282 | |
| Aug 2020 | 2,514 | |
| Jul 2020 | 2,502 | |
| Jun 2020 | 2,533 | |
| Mar 2020 | 2,350 | |
| Feb 2020 | 2,433 | |
| Jan 2020 | 2,333 | |
| Dec 2019 | 2,467 | |
| Nov 2019 | 2,233 | |
| Oct 2019 | 2,157 | |
| Sept 2019 | 2,500 | |
| Aug 2019 | 2,800 | |
| Jul 2019 | 2,800 | |
| Jun 2019 | 2,800 | |
| May 2019 | 2,667 | |
| Mar 2019 | 2,300 | |
| Feb 2019 | 2,217 | |
| Jan 2019 | 2,133 | |
| Dec 2018 | 2,000 | |
| Nov 2018 | 2,000 | |
| Oct 2018 | 2,062 | |
| Sept 2018 | 2,760 | |
| Aug 2018 | 3,133 | |
| Jul 2018 | 3,200 | |
| Jun 2018 | 3,067 | |
| May 2018 | 2,633 |
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-2465-62-retail-kg.