Oil (palm) in Mukenke
Kirundo, Burundi · BIF per KG · retail
Normal August 2026: 18% 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
7,558–10,805BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,513–11,677BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
7%Warnings of new spikes have no proven skill yet.
In August 2026 the price was 18% below the usual level for that time of year (normal). It fell 9% 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 7,558 and 10,805 BIF/KG (8 in 10 chance). January 2027: most likely between 7,513 and 11,677 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 7%. 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 15,373); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 7,982–10,356 | 8,842 | 7,300–10,666 | 10,815 | – |
| Oct 2026 Estimate (this month) | 7,482–10,107 | 8,565 | 6,642–10,959 | 9,645 | – |
| Nov 2026 Next month | 7,558–10,805 | 8,631 | 6,535–13,145 | 9,631 | 7% |
| Dec 2026 In 2 months | 7,442–11,132 | 8,644 | 6,599–13,467 | 9,636 | – |
| Jan 2027 In 3 months | 7,513–11,677 | 8,812 | 6,399–15,373 | 10,166 | – |
Price history (89 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 9,000 | |
| Jun 2026 | 10,250 | |
| May 2026 | 9,900 | |
| Apr 2026 | 9,000 | |
| Mar 2026 | 8,500 | |
| Feb 2026 | 8,538 | |
| Jan 2026 | 8,806 | |
| Dec 2025 | 8,794 | |
| Nov 2025 | 8,760 | |
| Oct 2025 | 10,426 | |
| Sept 2025 | 10,750 | |
| Aug 2025 | 11,500 | |
| Jul 2025 | 10,250 | |
| Jun 2025 | 9,955 | |
| May 2025 | 11,004 | |
| Apr 2025 | 10,846 | |
| Mar 2025 | 9,444 | |
| Feb 2025 | 8,134 | |
| Jan 2025 | 6,417 | |
| Dec 2024 | 5,933 | |
| Nov 2024 | 5,371 | |
| Oct 2024 | 5,485 | |
| Sept 2024 | 5,750 | |
| Aug 2024 | 6,908 | |
| Jul 2024 | 6,333 | |
| Jun 2024 | 6,255 | |
| May 2024 | 6,000 | |
| Apr 2024 | 6,350 | |
| Mar 2024 | 5,827 | |
| Feb 2024 | 5,444 | |
| Jan 2024 | 6,058 | |
| Dec 2023 | 5,467 | |
| Nov 2023 | 5,750 | |
| Oct 2023 | 6,044 | |
| Sept 2023 | 6,031 | |
| Aug 2023 | 5,859 | |
| Jul 2023 | 5,707 | |
| Jun 2023 | 5,679 | |
| May 2023 | 5,843 | |
| Apr 2023 | 5,211 | |
| Mar 2023 | 4,617 | |
| Feb 2023 | 4,429 | |
| Dec 2022 | 4,091 | |
| Nov 2022 | 4,161 | |
| Oct 2022 | 4,400 | |
| Sept 2022 | 5,125 | |
| Aug 2022 | 4,927 | |
| Jul 2022 | 4,000 | |
| Jun 2022 | 4,500 | |
| May 2022 | 4,405 | |
| Apr 2022 | 4,000 | |
| Mar 2022 | 3,507 | |
| Feb 2022 | 3,582 | |
| Jan 2022 | 3,762 | |
| Oct 2021 | 3,250 | |
| Jun 2021 | 2,833 | |
| Apr 2021 | 2,519 | |
| Mar 2021 | 2,500 | |
| Feb 2021 | 2,500 | |
| Jan 2021 | 2,490 | |
| Dec 2020 | 2,502 | |
| Nov 2020 | 2,167 | |
| Oct 2020 | 2,400 | |
| Sept 2020 | 2,477 | |
| Aug 2020 | 2,506 | |
| Jul 2020 | 2,565 | |
| Jun 2020 | 2,900 | |
| Mar 2020 | 2,530 | |
| Feb 2020 | 2,550 | |
| Jan 2020 | 2,700 | |
| Dec 2019 | 2,560 | |
| Nov 2019 | 2,560 | |
| Oct 2019 | 2,400 | |
| Sept 2019 | 2,683 | |
| Aug 2019 | 2,767 | |
| Jul 2019 | 2,640 | |
| Jun 2019 | 2,850 | |
| May 2019 | 2,500 | |
| Mar 2019 | 2,220 | |
| Feb 2019 | 2,200 | |
| Jan 2019 | 2,140 | |
| Dec 2018 | 2,083 | |
| Nov 2018 | 2,483 | |
| Oct 2018 | 1,950 | |
| Sept 2018 | 2,750 | |
| Aug 2018 | 2,867 | |
| Jul 2018 | 3,033 | |
| Jun 2018 | 2,883 | |
| 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-2477-62-retail-kg.