Friday, November 15, 2024

Italy, book market value will increase in 2023

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The value of the consumer book market rose in 2023, despite a slight decline in overall circulation, according to a new report from Italy.

At the Cini Foundation on the island of San Giorgio Maggiore in Venice, the annual “School for Booksellers” 2024 Scuola per Librai Umberto e Elisabetta Mauri (UEM) includes the 2023 Book Publishing Financial Report It is a venue forImage: Publishing Perspectives, Porter Anderson

Porter Anderson, Editor-in-Chief | @Porter Anderson

Developing story: More figures coming

“The Tradition of Scuola per Librai Umberto e Elisabetta Mauri (UEM)” is a report on the financial performance of the Italian market for the previous year, on the last day of this “school for booksellers” set in Venice.

Booksellers and publishers gathered today (January 26th) at the Cini Foundation’s 10th-century Benedictine monastery in San Giorgio Maggiore to celebrate the closing of the 41st edition of Scuola Mauri. Representatives of company associations (Italian Editorial SocietyAIE) and the European Publishers Federation published figures showing that the value of commercial publishing increased by 0.8% in the Italian book market in 2023, while the number of copies sold decreased slightly.

This slight increase in valuations and slight decline in sales brings Italy’s performance in line with other world markets, despite cautious attempts to increase book prices. Books follow inflation less closely than other goods and services. I’ve been doing it.

Italy is Europe’s fourth-largest book market after the UK, Germany and France, and as AIE President Innocenzo Cipolletta reports today, Italy’s consumer book revenue in 2023 will increase by 0.8 to 17 on a cover price basis. billion euros (US$1.8 billion). % year-on-year, he increased by 14.1% compared to the market performance in 2019.

In contrast, sales were 111.9 million units, a decrease of 0.07% compared to 2022 and an increase of 12.6 compared to 2019 figures.

Of course, there’s a lot of interest in numbers like this, as Italy’s 2024 guest of honor will be the center of attention at the Frankfurter Buchmesse (October 16-20).

Cipolletta warned: [Italian] Although the market performance has not been too bad, 2024 will be a difficult challenge due to the lack of any measures to support demand for books, while increasing production costs are straining publishers’ budgets. Dew.

“This is why we are calling for a book industry policy that is central to the economic and cultural growth of this country.

“On the other hand,” he said, “Italian novels are showing good growth, but when it comes to Italian writers more generally, there are no signs that the country’s publishing industry is becoming more competitive. It can be said that it shows.

“So,” Cipolletta said. “We are optimistic about the 2024 Guest of Honor Italy in Frankfurt. Italian industry will be able to perform better than ever on the international market.”

More extensive data is available for this story.

Italian market presentation at the Salone degli Arazzi held on January 26th at the Cini Foundation in San Giglio Maggiore, Venice.Image: Publishing Perspectives, Porter Anderson


Learn more about Publishing Perspectives about Italy and its book publishing industry here. Learn more about industry statistics here, learn more about Stefano Mauri here, learn more about Ricardo Francolivi here, learn more about James Daunt here, learn more about Talia here, learn more about book sales here, and his Scuola from us Learn more about per Librai Umberto Elisabetta Mauri is here.

About the author

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Porter Anderson was named International Trade Journalist of the Year at the London Book Fair’s International Excellence Awards. He is the editor-in-chief of his Publishing Perspectives. He was previously deputy editor of The Bookseller and The FutureBook in London. Anderson was a senior producer and anchor for over 10 years at CNN.com, CNN International and CNN USA. He is an art critic (Fellow of the National Society of Critics) with the Village Voice, the Dallas Times Herald, and the Tampa Tribune (now the Tampa Bay Times). He co-founded The Hot Sheet, a newsletter for authors, now owned and operated by Jane Friedman.





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