Farm value per liter of maple syrup in Ontario 2000-2021
In 2021, the farm value of maple syrup in Ontario amounted to 12.49 Canadian dollars per liter. The farm gate value of one liter of maple syrup in Ontario has fluctuated over the past eighteen years, having hit a high of 15.59 Canadian dollars in 2015. The volume of maple syrup produced in Ontario has also varied quite dramatically in the last few years.
What is farm gate value?
Farm gate value is the market value of a cultivated product, minus transportation and marketing costs. Farm gate value is generally a lot lower than the retail price of a product which a consumer pays in-store. This is because it does not include costs for packing, shipping, handling, storage, marketing, and profit margins of the involved companies.
Canadian maple syrup
Maple syrup has long been a part of Canadian culture and a source of national pride. Aboriginal peoples taught early settlers how to produce the syrup. It is now enjoyed in countries all around the world in various forms such as maple sugar, butter and candy. Quebec is quite clearly the home of Canadian maple syrup production. In 2020, they were responsible for over 92 percent of all maple syrup production, whilst Ontario accounted for just over three percent. Canadian production peaked at around 14.3 million gallons in 2020.
What is farm gate value?
Farm gate value is the market value of a cultivated product, minus transportation and marketing costs. Farm gate value is generally a lot lower than the retail price of a product which a consumer pays in-store. This is because it does not include costs for packing, shipping, handling, storage, marketing, and profit margins of the involved companies.
Canadian maple syrup
Maple syrup has long been a part of Canadian culture and a source of national pride. Aboriginal peoples taught early settlers how to produce the syrup. It is now enjoyed in countries all around the world in various forms such as maple sugar, butter and candy. Quebec is quite clearly the home of Canadian maple syrup production. In 2020, they were responsible for over 92 percent of all maple syrup production, whilst Ontario accounted for just over three percent. Canadian production peaked at around 14.3 million gallons in 2020.
