Oil (palm) in Kobero
Muyinga, Burundi · BIF per KG · retail
Normal August 2026: 15% 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
8,105–11,175BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,843–12,099BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
8%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 15% below the usual level for that time of year (normal). It fell 7% 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 8,105 and 11,175 BIF/KG (8 in 10 chance). January 2027: most likely between 7,843 and 12,099 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 8%. 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 19,945); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 8,315–10,219 | 9,000 | 7,924–10,753 | 10,598 | – |
| Oct 2026 Estimate (this month) | 8,054–10,291 | 8,880 | 7,630–12,008 | 10,187 | – |
| Nov 2026 Next month | 8,105–11,175 | 8,856 | 6,993–16,105 | 9,970 | 8% |
| Dec 2026 In 2 months | 7,994–11,414 | 8,847 | 7,047–16,203 | 9,980 | – |
| Jan 2027 In 3 months | 7,843–12,099 | 8,876 | 6,748–19,945 | 10,068 | – |
Price history (85 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 9,250 | |
| Jun 2026 | 10,021 | |
| May 2026 | 9,990 | |
| Apr 2026 | 9,208 | |
| Mar 2026 | 9,249 | |
| Feb 2026 | 9,000 | |
| Jan 2026 | 9,167 | |
| Dec 2025 | 9,250 | |
| Nov 2025 | 10,268 | |
| Oct 2025 | 10,778 | |
| Sept 2025 | 10,696 | |
| Aug 2025 | 11,200 | |
| Jul 2025 | 12,000 | |
| Jun 2025 | 11,000 | |
| May 2025 | 10,833 | |
| Apr 2025 | 10,620 | |
| Mar 2025 | 10,074 | |
| Feb 2025 | 8,421 | |
| Jan 2025 | 7,265 | |
| Dec 2024 | 6,479 | |
| Nov 2024 | 5,912 | |
| Oct 2024 | 5,794 | |
| Sept 2024 | 6,194 | |
| Aug 2024 | 6,425 | |
| Jul 2024 | 6,375 | |
| Jun 2024 | 6,400 | |
| May 2024 | 5,933 | |
| Apr 2024 | 5,550 | |
| Mar 2024 | 5,156 | |
| Feb 2024 | 5,870 | |
| Jan 2024 | 5,428 | |
| Nov 2023 | 5,425 | |
| Oct 2023 | 5,825 | |
| Sept 2023 | 6,269 | |
| Aug 2023 | 6,200 | |
| Jul 2023 | 5,783 | |
| Jun 2023 | 5,575 | |
| May 2023 | 5,461 | |
| Apr 2023 | 5,038 | |
| Mar 2023 | 4,975 | |
| Feb 2023 | 4,500 | |
| Dec 2022 | 4,115 | |
| Nov 2022 | 4,200 | |
| Oct 2022 | 4,375 | |
| Sept 2022 | 4,275 | |
| Aug 2022 | 4,500 | |
| May 2022 | 4,453 | |
| Apr 2022 | 4,231 | |
| Mar 2022 | 3,755 | |
| Feb 2022 | 3,475 | |
| Jan 2022 | 3,400 | |
| Oct 2021 | 3,750 | |
| Apr 2021 | 2,900 | |
| Mar 2021 | 2,550 | |
| Feb 2021 | 2,500 | |
| Jan 2021 | 2,500 | |
| Dec 2020 | 2,450 | |
| Nov 2020 | 2,342 | |
| Oct 2020 | 2,545 | |
| Sept 2020 | 2,635 | |
| Aug 2020 | 2,550 | |
| Jul 2020 | 2,433 | |
| Jun 2020 | 2,500 | |
| Mar 2020 | 2,415 | |
| Feb 2020 | 2,433 | |
| Jan 2020 | 2,475 | |
| Dec 2019 | 2,680 | |
| Nov 2019 | 2,620 | |
| Oct 2019 | 2,267 | |
| Sept 2019 | 2,417 | |
| Aug 2019 | 2,850 | |
| Jul 2019 | 2,700 | |
| Jun 2019 | 2,833 | |
| May 2019 | 2,780 | |
| Mar 2019 | 2,450 | |
| Feb 2019 | 2,357 | |
| Jan 2019 | 2,400 | |
| Dec 2018 | 2,350 | |
| Nov 2018 | 2,450 | |
| Oct 2018 | 2,650 | |
| Sept 2018 | 2,820 | |
| Aug 2018 | 2,960 | |
| Jul 2018 | 3,133 | |
| Jun 2018 | 3,080 | |
| 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-2473-62-retail-kg.