Oil (palm) in Muyange
Makamba, 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
7,008–9,977BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
6,981–10,196BIF per KG. Wider: 3 months ahead.
Chance of a spike, November 2026
5%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 6% 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 7,008 and 9,977 BIF/KG (8 in 10 chance). January 2027: most likely between 6,981 and 10,196 BIF/KG (8 in 10 chance). Chance of a spike in November 2026 (price well above the usual level for the season): 5%. 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) | 7,587–9,574 | 8,401 | 7,023–10,332 | 9,719 | – |
| Oct 2026 Estimate (this month) | 7,000–9,497 | 8,161 | 6,645–10,373 | 8,971 | – |
| Nov 2026 Next month | 7,008–9,977 | 8,201 | 6,364–12,459 | 9,104 | 5% |
| Dec 2026 In 2 months | 6,963–10,129 | 8,235 | 6,299–11,505 | 9,220 | – |
| Jan 2027 In 3 months | 6,981–10,196 | 8,350 | 5,923–11,235 | 9,436 | – |
Price history (89 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 8,778 | |
| Jul 2026 | 8,000 | |
| Jun 2026 | 9,333 | |
| May 2026 | 9,333 | |
| Apr 2026 | 9,000 | |
| Mar 2026 | 8,750 | |
| Feb 2026 | 8,808 | |
| Jan 2026 | 9,000 | |
| Dec 2025 | 7,250 | |
| Nov 2025 | 9,014 | |
| Oct 2025 | 10,167 | |
| Sept 2025 | 9,611 | |
| Aug 2025 | 9,691 | |
| Jul 2025 | 10,318 | |
| Jun 2025 | 10,300 | |
| May 2025 | 9,725 | |
| Apr 2025 | 9,938 | |
| Mar 2025 | 9,135 | |
| Feb 2025 | 8,375 | |
| Jan 2025 | 7,042 | |
| Dec 2024 | 6,304 | |
| Nov 2024 | 5,117 | |
| Oct 2024 | 4,942 | |
| Sept 2024 | 5,383 | |
| Aug 2024 | 6,083 | |
| Jul 2024 | 6,088 | |
| Jun 2024 | 6,667 | |
| May 2024 | 5,592 | |
| Apr 2024 | 5,500 | |
| Mar 2024 | 5,451 | |
| Feb 2024 | 5,313 | |
| Jan 2024 | 4,789 | |
| Dec 2023 | 5,667 | |
| Nov 2023 | 5,250 | |
| Oct 2023 | 5,381 | |
| Sept 2023 | 5,915 | |
| Aug 2023 | 6,083 | |
| Jul 2023 | 5,944 | |
| Jun 2023 | 5,653 | |
| May 2023 | 5,295 | |
| Apr 2023 | 4,750 | |
| Mar 2023 | 4,796 | |
| Feb 2023 | 4,303 | |
| Dec 2022 | 4,079 | |
| Nov 2022 | 3,820 | |
| Oct 2022 | 4,088 | |
| Sept 2022 | 4,510 | |
| Aug 2022 | 4,206 | |
| Jul 2022 | 4,400 | |
| May 2022 | 4,460 | |
| Apr 2022 | 3,900 | |
| Mar 2022 | 3,278 | |
| Feb 2022 | 3,288 | |
| Jan 2022 | 3,150 | |
| Oct 2021 | 3,000 | |
| May 2021 | 2,500 | |
| Apr 2021 | 2,461 | |
| Mar 2021 | 2,456 | |
| Feb 2021 | 2,258 | |
| Jan 2021 | 2,158 | |
| Dec 2020 | 2,050 | |
| Nov 2020 | 2,022 | |
| Oct 2020 | 2,000 | |
| Sept 2020 | 2,000 | |
| Aug 2020 | 2,027 | |
| Jul 2020 | 2,094 | |
| Jun 2020 | 2,356 | |
| Mar 2020 | 2,144 | |
| Feb 2020 | 2,180 | |
| Jan 2020 | 2,000 | |
| Dec 2019 | 2,160 | |
| Nov 2019 | 2,300 | |
| Oct 2019 | 2,017 | |
| Sept 2019 | 2,033 | |
| Aug 2019 | 2,500 | |
| Jul 2019 | 2,733 | |
| Jun 2019 | 3,000 | |
| May 2019 | 2,683 | |
| Mar 2019 | 5,450 | Data error |
| Feb 2019 | 2,183 | |
| Jan 2019 | 2,000 | |
| Dec 2018 | 1,850 | |
| Nov 2018 | 1,840 | |
| Oct 2018 | 1,683 | |
| Sept 2018 | 2,229 | |
| Aug 2018 | 2,920 | |
| Jul 2018 | 2,900 | |
| Jun 2018 | 3,000 | |
| May 2018 | 2,783 |
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-2478-62-retail-kg.