Oil (palm) in Giharo
Rutana, Burundi · BIF per KG · retail
Normal August 2026: 22% 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
8,925–12,796BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
8,699–14,659BIF 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 22% below the usual level for that time of year (normal). It fell 16% 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 8,925 and 12,796 BIF/KG (8 in 10 chance). January 2027: most likely between 8,699 and 14,659 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) | 9,665–12,887 | 10,813 | 8,973–14,908 | 13,544 | – |
| Oct 2026 Estimate (this month) | 8,963–12,610 | 10,531 | 8,703–14,594 | 12,968 | – |
| Nov 2026 Next month | 8,925–12,796 | 10,478 | 7,637–14,347 | 12,537 | 2% |
| Dec 2026 In 2 months | 8,766–12,791 | 10,380 | 7,369–13,567 | 12,025 | – |
| Jan 2027 In 3 months | 8,699–14,659 | 10,930 | 7,593–17,557 | 12,819 | – |
Price history (61 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 10,250 | |
| Jul 2026 | 10,250 | |
| Jun 2026 | 11,620 | |
| May 2026 | 12,167 | |
| Apr 2026 | 9,750 | |
| Mar 2026 | 9,975 | |
| Feb 2026 | 10,667 | |
| Jan 2026 | 10,745 | |
| Dec 2025 | 9,839 | |
| Nov 2025 | 12,000 | |
| Oct 2025 | 11,157 | |
| Sept 2025 | 11,710 | |
| Aug 2025 | 11,900 | |
| Jul 2025 | 11,480 | |
| Jun 2025 | 11,969 | |
| May 2025 | 10,765 | |
| Apr 2025 | 10,188 | |
| Mar 2025 | 9,771 | |
| Feb 2025 | 8,198 | |
| Jan 2025 | 7,069 | |
| Dec 2024 | 6,312 | |
| Nov 2024 | 6,000 | |
| Oct 2024 | 6,000 | |
| Sept 2024 | 6,000 | |
| Aug 2024 | 6,721 | |
| Jul 2024 | 6,618 | |
| Jun 2024 | 6,750 | |
| May 2024 | 6,441 | |
| Apr 2024 | 6,944 | |
| Mar 2024 | 5,875 | |
| Feb 2024 | 6,050 | |
| Jan 2024 | 5,659 | |
| Dec 2023 | 5,500 | |
| Oct 2023 | 6,167 | |
| Sept 2023 | 6,705 | |
| Aug 2023 | 5,846 | |
| Jul 2023 | 5,900 | |
| Jun 2023 | 6,000 | |
| May 2023 | 5,650 | |
| Apr 2023 | 4,625 | |
| Mar 2023 | 4,956 | |
| Feb 2023 | 4,000 | |
| Dec 2022 | 4,000 | |
| Nov 2022 | 4,175 | |
| Oct 2022 | 4,667 | |
| Sept 2022 | 5,104 | |
| Aug 2022 | 5,750 | |
| May 2022 | 4,260 | |
| Apr 2022 | 4,333 | |
| Mar 2022 | 3,892 | |
| Feb 2022 | 4,000 | |
| Apr 2021 | 2,500 | |
| Mar 2021 | 2,500 | |
| Feb 2021 | 2,500 | |
| Jan 2021 | 2,500 | |
| Dec 2020 | 2,500 | |
| Nov 2020 | 2,500 | |
| Sept 2020 | 2,575 | |
| Aug 2020 | 2,583 | |
| Jul 2020 | 2,500 | |
| Jun 2020 | 2,533 |
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-3046-62-retail-kg.