Oil (palm) in Giteranyi
Muyinga, Burundi · BIF per KG · retail
Normal August 2026: 7% 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
8,440–12,740BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
8,773–13,632BIF 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 7% below the usual level for that time of year (normal). It was about stable 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 8,440 and 12,740 BIF/KG (8 in 10 chance). January 2027: most likely between 8,773 and 13,632 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 18,040); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 9,532–11,862 | 10,492 | 8,869–12,334 | 12,479 | – |
| Oct 2026 Estimate (this month) | 9,228–12,218 | 10,282 | 8,429–13,508 | 11,630 | – |
| Nov 2026 Next month | 8,440–12,740 | 9,957 | 8,304–16,952 | 11,077 | 9% |
| Dec 2026 In 2 months | 8,300–12,644 | 9,780 | 8,123–17,279 | 10,878 | – |
| Jan 2027 In 3 months | 8,773–13,632 | 10,208 | 7,764–18,040 | 11,559 | – |
Price history (85 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 10,667 | |
| Jun 2026 | 13,000 | |
| May 2026 | 10,696 | |
| Apr 2026 | 10,800 | |
| Mar 2026 | 9,889 | |
| Feb 2026 | 10,433 | |
| Jan 2026 | 11,833 | |
| Dec 2025 | 11,167 | |
| Nov 2025 | 10,250 | |
| Oct 2025 | 12,000 | |
| Sept 2025 | 13,500 | |
| Aug 2025 | 9,333 | |
| Jul 2025 | 11,000 | |
| Jun 2025 | 11,375 | |
| May 2025 | 12,000 | |
| Apr 2025 | 10,200 | |
| Mar 2025 | 9,938 | |
| Feb 2025 | 8,438 | |
| Jan 2025 | 7,853 | |
| Dec 2024 | 6,445 | |
| Nov 2024 | 6,513 | |
| Oct 2024 | 7,312 | |
| Sept 2024 | 6,889 | |
| Aug 2024 | 6,570 | |
| Jul 2024 | 7,267 | |
| Jun 2024 | 8,000 | |
| May 2024 | 7,922 | |
| Apr 2024 | 7,625 | |
| Mar 2024 | 5,967 | |
| Feb 2024 | 6,241 | |
| Jan 2024 | 5,975 | |
| Nov 2023 | 5,583 | |
| Oct 2023 | 6,300 | |
| Sept 2023 | 6,893 | |
| Aug 2023 | 6,025 | |
| Jul 2023 | 5,309 | |
| Jun 2023 | 4,518 | |
| May 2023 | 5,168 | |
| Apr 2023 | 4,950 | |
| Mar 2023 | 5,000 | |
| Feb 2023 | 4,800 | |
| Dec 2022 | 4,585 | |
| Nov 2022 | 4,850 | |
| Oct 2022 | 5,000 | |
| Sept 2022 | 5,100 | |
| Aug 2022 | 5,117 | |
| May 2022 | 5,050 | |
| Apr 2022 | 4,500 | |
| Mar 2022 | 4,033 | |
| Feb 2022 | 4,000 | |
| Jan 2022 | 4,150 | |
| Oct 2021 | 4,000 | |
| Apr 2021 | 2,900 | |
| Mar 2021 | 2,667 | |
| Feb 2021 | 2,717 | |
| Jan 2021 | 2,717 | |
| Dec 2020 | 2,617 | |
| Nov 2020 | 2,783 | |
| Oct 2020 | 2,867 | |
| Sept 2020 | 2,933 | |
| Aug 2020 | 2,800 | |
| Jul 2020 | 2,900 | |
| Jun 2020 | 2,983 | |
| Mar 2020 | 2,450 | |
| Feb 2020 | 2,600 | |
| Jan 2020 | 2,525 | |
| Dec 2019 | 2,583 | |
| Nov 2019 | 2,617 | |
| Oct 2019 | 2,500 | |
| Sept 2019 | 2,667 | |
| Aug 2019 | 2,800 | |
| Jul 2019 | 2,900 | |
| Jun 2019 | 3,000 | |
| May 2019 | 2,767 | |
| Mar 2019 | 2,620 | |
| Feb 2019 | 2,417 | |
| Jan 2019 | 2,483 | |
| Dec 2018 | 2,400 | |
| Nov 2018 | 2,717 | |
| Oct 2018 | 2,650 | |
| Sept 2018 | 3,220 | |
| Aug 2018 | 3,283 | |
| Jul 2018 | 3,220 | |
| Jun 2018 | 3,229 | |
| May 2018 | 2,880 |
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-2470-62-retail-kg.