Brief - The Hustle

Maple syrup had its sweetest year ever in 2022

Written by Jacob Cohen | Dec 22, 2022 11:27:07 AM

This has been a good year for Canadian maple syrup. The best ever, actually.

In 2022, Canada yielded the most syrup on record, dating all the way back to 1924. This year, producers made 17.4m gallons of the sticky stuff, a 53% jump from 2021, when warmer-than-ideal spring temperatures meant a shorter maple season.

  • In 2020, the industry’s second-most prosperous year, the gross value of that year’s 14.3m-gallon yield was $413m.

To meet demand amid last year’s poor harvest, with Canada responsible for 75% of the world’s maple syrup production, the Federation of Quebec Maple Syrup Producers tapped into its strategic reserve. (Yes, that’s a thing that exists.)

The warehouse, north of Montreal, holds up to 94k barrels of maple syrup, or ~5.1m gallons — almost enough to fill eight Olympic-size pools.