Oil (palm) in Burambi
Rumonge, Burundi · BIF per KG · retail
Normal August 2026: 13% 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
7,336–11,538BIF per KG. 8 in 10 chance the price falls in this range.
January 2027: 80 % range
7,122–12,175BIF 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 13% below the usual level for that time of year (normal). It rose 4% 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 7,336 and 11,538 BIF/KG (8 in 10 chance). January 2027: most likely between 7,122 and 12,175 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
- Data error: a value that jumped and reversed; not used by the model
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 17,235); see the table.
| Month | 80 % range | Most likely | 95 % range | Usual level for the season | Chance of a spike |
|---|---|---|---|---|---|
| Sept 2026 Estimate (last month) | 7,190–10,330 | 8,416 | 6,428–10,748 | 8,718 | – |
| Oct 2026 Estimate (this month) | 7,385–11,190 | 8,842 | 6,457–13,257 | 10,148 | – |
| Nov 2026 Next month | 7,336–11,538 | 8,801 | 6,577–14,088 | 9,691 | 9% |
| Dec 2026 In 2 months | 7,302–12,139 | 8,869 | 6,175–17,235 | 10,192 | – |
| Jan 2027 In 3 months | 7,122–12,175 | 8,778 | 5,597–16,423 | 10,312 | – |
Price history (64 months, latest first)
| Month | Price | Note |
|---|---|---|
| Aug 2026 | 9,667 | |
| Jun 2026 | 9,750 | |
| May 2026 | 9,317 | |
| Apr 2026 | 9,000 | |
| Mar 2026 | 21,239 | Data error |
| Feb 2026 | 7,762 | |
| Jan 2026 | 9,353 | |
| Dec 2025 | 9,479 | |
| Nov 2025 | 9,583 | |
| Oct 2025 | 9,031 | |
| Sept 2025 | 9,272 | |
| Aug 2025 | 10,000 | |
| Jul 2025 | 10,333 | |
| Jun 2025 | 9,328 | |
| May 2025 | 9,475 | |
| Apr 2025 | 7,750 | |
| Mar 2025 | 6,882 | |
| Feb 2025 | 6,479 | |
| Jan 2025 | 5,606 | |
| Dec 2024 | 5,483 | |
| Nov 2024 | 4,020 | |
| Oct 2024 | 5,000 | |
| Sept 2024 | 2,888 | |
| Aug 2024 | 5,909 | |
| Jul 2024 | 5,003 | |
| Jun 2024 | 5,300 | |
| May 2024 | 4,333 | |
| Apr 2024 | 5,400 | |
| Mar 2024 | 4,500 | |
| Feb 2024 | 3,200 | |
| Jan 2024 | 4,083 | |
| Dec 2023 | 5,500 | |
| Nov 2023 | 4,407 | |
| Oct 2023 | 4,608 | |
| Sept 2023 | 3,488 | |
| Aug 2023 | 4,446 | |
| Jul 2023 | 5,200 | |
| Jun 2023 | 4,400 | |
| May 2023 | 3,575 | |
| Apr 2023 | 3,648 | |
| Mar 2023 | 3,898 | |
| Feb 2023 | 3,196 | |
| Jan 2023 | 2,500 | |
| Dec 2022 | 2,664 | |
| Nov 2022 | 3,485 | |
| Oct 2022 | 3,875 | |
| Sept 2022 | 3,769 | |
| Aug 2022 | 3,800 | |
| May 2022 | 3,500 | |
| Apr 2022 | 3,500 | |
| Mar 2022 | 2,767 | |
| Feb 2022 | 3,300 | |
| Jan 2022 | 3,350 | |
| Apr 2021 | 2,023 | |
| Mar 2021 | 2,223 | |
| Feb 2021 | 2,433 | |
| Jan 2021 | 2,058 | |
| Dec 2020 | 1,758 | |
| Nov 2020 | 1,758 | |
| Oct 2020 | 1,625 | |
| Sept 2020 | 1,742 | |
| Aug 2020 | 2,395 | |
| Jul 2020 | 2,379 | |
| Jun 2020 | 2,178 |
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-3047-62-retail-kg.