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Books, sales slow down and after boom the market sees stagnation

Sales in the first six months of the year -0.1%. Cipolletta (Aie): 'Measures are needed'

by Andrea Biondi

(Adobe Stock)

5' min read

5' min read

Between one year and the next, 900,000 copies were lost in sales. And, again with reference to the first six months of the year, the figures referring only to the trade market (non-fiction and fiction bought in bookshops, online and in large-scale distribution) do not go beyond -0.1% in value sales, reaching 675.8 million.

Market stagnation

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After the great leap of 2021, Italian publishing is now slowing down. This is the summary assumption as it transpires from the Report on the State of Publishing 2024 by the research office of the Italian Publishers' Association (Aie). "The data for the first months of 2024," comments Aie president Innocenzo Cipolletta, "show a stagnation in the publishing market, or rather a recession, a small recession if we take the data net of inflation. In fact, the number of copies sold is lower in the first months of 2024 than in 2020. This is a situation that worries us because it is also coupled with the decline of some financial resources that were previously available in this market'. In two years, says the Aie president, resources 'amounting to EUR 100 million' have been lost.

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18 apps and funds for libraries

The cahiers de doléances start first of all with the changes concerning the 18 app, replaced by the mechanism of Carta Cultura Giovani and Carta del Merito. The former is for 18-year-olds resident in Italy and belonging to families with an Isee income of up to 35,000 euro. The Carta del Merito, on the other hand, will take into account school performance: it can only be awarded to students with a high school graduation grade of at least 100, applied for by the age of 19 and usable throughout the year following graduation. A mechanism that does not help, according to the protagonists of the book industry. All the more so with warnings of impoverishment for families. Another of Cipolletta's references is 'to the loss of the 30 million for libraries and that testifies to the fact that the market without these interventions risks regressing'.

Cipolletta (Aie): Organic and long-lasting industrial policies are needed

Inflation (a 16% looking at price growth from 2019) has come full circle for an industry that, through the Aie association, is issuing a clear SOS. "Publishing," adds the Aie president, "has shown solidity and the ability to renew itself in recent years, emerging strengthened from the Covid crisis. Without organic and long-term industrial policies, today we risk losing the challenge of innovation to epochal changes such as that imposed by artificial intelligence".

Considerations, these, which, Cipolletta concludes, cannot be dismissed or dismissed as non-urgent: 'Since in 2025 there will be no more resources that were still there in 2024,' the publishers' chairman concludes, 'the situation for us can be particularly worrying. This is why we have asked as the book industry for a real framework law to support books in the sense of support for reading and book infrastructure'.

900 thousand copies sold in the semester

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Going into the details of the data, Italian publishing closed 2023 with a turnover of €3.439 billion, stable compared to the previous year (+1.1%). The number of copies sold in the first six months in the trade market was 46.1 million, down by 900,000 compared to the previous year. Physical bookshops reached 53.7% of sales and continued the recovery started after the crisis of 2020, when they weighed 49.1%. Online weighed in at 41.7% (down slightly), large-scale distribution 4.6% (down).

Looking at the genres, the positive trend in fiction was confirmed, especially that by Italian authors, which grew by 5.4% over the same period last year, and foreign fiction with +3.1%. Children's books (-2.8%), general non-fiction (-3%) and specialised non-fiction (-1.6%) and comics (-4.8%) recorded a minus sign.

Italian publishing is now the fourth largest in Europe and the sixth largest in the world. This growth has taken place in a context of increasing internationalisation: in 2001 Italy bought 5,400 translation rights abroad and sold 1,800, in 2023 it bought 9,328 and sold 7,838.

Reading and purchasing habits

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According to the Observatory conducted by Pepe Research for AIE, in 2023 74% of citizens between 15 and 74 years of age say they have read at least one book, paper or electronic, or listened to an audiobook in the last 12 months. In particular, in 2023 82% of the sample in the 15-17 age bracket will read, 78% in the 18-24 age bracket, 82% in the 25-34 age bracket, 80% in the 35-44 age bracket, 71% in the 45-54 age bracket, 65% in the 55-64 age bracket and 72% in the 65-74 age bracket.

Reading, despite competition from TV series, video games and social networks, remains a daily habit for more than one reader in four (28%), a practice at least weekly for 67%. Four hours and 18 minutes is the average weekly time devoted to reading and for one in five readers, books are a habit to which they devote more than five hours of time per week.

Those who bought at least one printed book in 2023 are 65% of 15-74 year olds, with a strong gender disparity. In the case of women, 71% of the total are book buyers, in the case of men 59% of the total.

The top ten led by Joel Dicker

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Looking at the top ten best-selling books in this first part of 2024 (from January to June) in first place is Joel Dicker with "Un animale selvaggio" (La nave di Teseo), followed in second place by Gianrico Carofiglio with "L'orizzonte della notte" (Einaudi) and in third place by Federica Giannone with "La portalettere" (Nord). Completing the "decìna": "Dare la vita" by Michela Murgia (Rizzoli); "Quando muori resta a me" by Zerocalcare (Bao Publishing); "Tutti i particolari in cronaca" by Antonio Manzini (Mondadori); "Tra il silenzio e il tuono" by Roberto Vecchioni (Einaudi); "Cara Giulia. Quello che ho imparato da mia figlia" by Gino Cecchettin with Marco Franzoso (Rizzoli); "Cuore nero" by Silvia Avallone (Rizzoli) and "Amore senza fine. Love me love me" by Stefania S. (Sperling & Kupfer).

Buchmesse and Italy guest of honour

In the meantime, the opening of the Frankfurt edition of the Buchmesse, which will see Italy as guest of honour from 16 to 20 October, is approaching. Here Italian publishing will be represented by over 230 exhibitors, publishing houses or literary agents present with their own stands or within the Collective Stand that, organised by Ice - Agency for the promotion abroad and internationalisation of Italian companies in cooperation with the Aie will be inaugurated on 16 October at 10.30 a.m. in the presence of the Italian and German Ministers of Culture, Alessandro Giuli and Claudia Roth.

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