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10 REGIONAL COMPETITORS

10.1 Prince Edward Island

As previously mentioned, Prince Edward Island is the largest producer of oyster on the East Coast. Although the growth in production has been relatively steady over the past four years, production may have reached its peak in 2001. The information gathered does not suggest any major increase in oyster production in the foreseeable future. Furthermore, since PEI oysters are mostly grown by bottom culture there is a very high percentage of oysters that do not meet the high quality standards of the fancier restaurants. It is very difficult to achieve size and shape consistency with bottom culture. In contrast, New Brunswick growers employ a suspended culturing method and have subsequently created an opportunity to position themselves as consistent high quality producers. Prices for Eastern Oysters range from .20 to .50 cents per piece on the wholesale market depending on size, quality, and availability.

10.2 Nova Scotia

Nova Scotia's oyster production has remained steady for the past couple of years and is in fact comparable to New Brunswick's production although slightly higher. Unfortunately the industry will likely face a set back due to water contamination problems in some of its major producing areas. Nova Scotia oysters have a very good reputation as being a quality oyster and are well known in the marketplace. The province has done a good job in marketing their oysters and consequently has never been in major competition with New Brunswick. The expected lack of supply from Nova Scotia will probably boost sales for New Brunswick growers.

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