Based on the forecasted data, Maple Sugar Production in Canada is expected to demonstrate consistent growth from 2024 to 2028. Starting at 66.69 thousand metric tons in 2024, it reaches 78.55 thousand metric tons by 2028. This represents a year-on-year percentage increase of approximately 4.49% in 2024, 4.49% in 2025, 4.27% in 2026, 4.07% in 2027, and 3.89% in 2028. Compared to the previous two years, the trend shows a stable yet slightly decreasing growth rate. The compound annual growth rate (CAGR) over the five-year period stands at about 4.24%.
Future trends to watch for include the impact of climate change on sap yield, technological advancements in syrup extraction, and shifts in international demand. Monitoring these factors will be crucial for stakeholders in the maple sugar industry.
