The government-supported group, which is commonly known as the OPEC of maple syrup, makes use of its reserves to regulate syrup costs and provide. As of 2020, Quebec produced 73% of all maple syrup on this planet, and its greatest buyer by far is the United States, which accounts for round 60% of Canada’s export quantity.
“This system prevents practically all stock shortages and ensures the market is adequately supplied,” spokesperson Helene Normandin stated.
In comparability, Quebec produced 175 million kilos of maple syrup in 2020. There are 50 million taps within the province, and there are plans so as to add seven million more within the subsequent few years to fulfill demand.
“The pandemic helped in our case because we’re seeing people cook more at home and use more local products,” Normandin said in an interview with Bloomberg. “It’s not simply in Quebec the demand is growing.”