Key Market Indicators
By 2026, Canadian demand for honey is projected to reach 31,000 metric tons, growing at a rate of 0.3% year-over-year from 2021's 30,600 metric tons. This marks an uptick from 2017, when demand rose 0.7% year-over-year. Canada ranked tenth in the 2021 honey consumption rankings, with Spain taking the top spot at 30,600 metric tons. The United States, Germany, and Iran took second, third, and fourth place, respectively. Canadian production of honey is also expected to increase by 2026, reaching 95,720 metric tons from 2021's 90,550 metric tons, growing by 1.2% year-over-year. However, since 1966, supply has decreased by 0.9%. In 2021, China led the production rankings with 90,550 metric tons, with Canada, Argentina, and Iran following in second, third, and fourth place, respectively.