{"id":1840,"date":"2024-06-13T17:38:25","date_gmt":"2024-06-13T17:38:25","guid":{"rendered":"https:\/\/renodo.org\/en\/?p=1840"},"modified":"2024-06-14T12:33:02","modified_gmt":"2024-06-14T12:33:02","slug":"enrico-turrin-in-readmagine-figures-on-the-european-publishers-ecosystem-in-2023","status":"publish","type":"post","link":"https:\/\/renodo.org\/en\/2024\/06\/13\/enrico-turrin-in-readmagine-figures-on-the-european-publishers-ecosystem-in-2023\/","title":{"rendered":"ENRICO TURRIN IN READMAGINE: FIGURES ON THE EUROPEAN PUBLISHERS ECOSYSTEM IN 2023"},"content":{"rendered":"\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-dk9u69-055f7b82f7a4280223c1e70a5c0d8bb9\">\n#top .av-special-heading.av-dk9u69-055f7b82f7a4280223c1e70a5c0d8bb9{\npadding-bottom:18px;\n}\nbody .av-special-heading.av-dk9u69-055f7b82f7a4280223c1e70a5c0d8bb9 .av-special-heading-tag .heading-char{\nfont-size:25px;\n}\n.av-special-heading.av-dk9u69-055f7b82f7a4280223c1e70a5c0d8bb9 .av-subheading{\nfont-size:15px;\n}\n<\/style>\n<div  class='av-special-heading av-dk9u69-055f7b82f7a4280223c1e70a5c0d8bb9 av-special-heading-h1 blockquote modern-quote modern-centered  avia-builder-el-0  el_before_av_video  avia-builder-el-first '><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >ENRICO TURRIN IN READMAGINE: FIGURES ON THE EUROPEAN PUBLISHERS ECOSYSTEM IN 2023<\/h1><div class=\"special-heading-border\"><div class=\"special-heading-inner-border\"><\/div><\/div><\/div>\n<div  class='avia-video av-ctah1d-c519d8fa5ed06fff2abb28c62cbeda69 avia-video-16-9 av-no-preview-image avia-video-load-always av-lazyload-immediate av-lazyload-video-embed'  itemprop=\"video\" itemtype=\"https:\/\/schema.org\/VideoObject\"  data-original_url='https:\/\/youtu.be\/9NxV4AOVXnk'><script type='text\/html' class='av-video-tmpl'><div class='avia-iframe-wrap'><iframe loading=\"lazy\" title=\"01 Figures on the European Publishers Ecosystem\" width=\"1500\" height=\"844\" src=\"https:\/\/www.youtube.com\/embed\/9NxV4AOVXnk?feature=oembed&autoplay=0&loop=0&controls=1&mute=0\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/div><\/script><div class='av-click-to-play-overlay'><div class=\"avia_playpause_icon\"><\/div><\/div><\/div>\n<\/div><\/div><\/div><!-- close content main div --><\/div><\/div><div id='av-layout-grid-1'  class='av-layout-grid-container av-asjy29-59d97f2357a264d61f11dbac66a004a9 entry-content-wrapper main_color av-flex-cells  avia-builder-el-2  el_after_av_video  el_before_av_social_share  grid-row-not-first  container_wrap fullsize'  >\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-8h6ei9-cd436ed11d89405aa1001600b7c7271e\">\n.flex_cell.av-8h6ei9-cd436ed11d89405aa1001600b7c7271e{\nvertical-align:top;\n}\n.responsive #top #wrap_all .flex_cell.av-8h6ei9-cd436ed11d89405aa1001600b7c7271e{\npadding:30px 30px 30px 30px !important;\n}\n<\/style>\n<div class='flex_cell av-8h6ei9-cd436ed11d89405aa1001600b7c7271e av-gridrow-cell av_one_fifth no_margin  avia-builder-el-3  el_before_av_cell_three_fifth  avia-builder-el-first  content-align-top'  ><div class='flex_cell_inner'><\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-7pg8v5-2cc43166a36e5998a61698518f1b4aaf\">\n.flex_cell.av-7pg8v5-2cc43166a36e5998a61698518f1b4aaf{\nvertical-align:top;\n}\n.responsive #top #wrap_all .flex_cell.av-7pg8v5-2cc43166a36e5998a61698518f1b4aaf{\npadding:30px 30px 30px 30px !important;\n}\n<\/style>\n<div class='flex_cell av-7pg8v5-2cc43166a36e5998a61698518f1b4aaf av-gridrow-cell av_three_fifth no_margin  avia-builder-el-4  el_after_av_cell_one_fifth  el_before_av_cell_one_fifth  content-align-top'  ><div class='flex_cell_inner'><section  class='av_textblock_section av-5tsre9-4ea363aeef6c7f14fb6a4b69e44aa36a '   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p style=\"font-weight: 400;\">Enrico Turrin is the Deputy Director of the European Federation of Publishers and each year presents the data of the book market in Europe during the previous year. In Readmagine 24 Turrin explained a very interesting overview of the European Book Market, completed by his remarks and explanations that provided a very interesting group of insights.<\/p>\n<p style=\"font-weight: 400;\">Turrin inspired debates and conversations during the rest of the conference for he is perceived as a knowledgeable and experienced analyst with a long experience dealing with market data.<\/p>\n<p style=\"font-weight: 400;\">You can follow in this video the whole presentation and see the graphs. Here is a summary of the main information in the form of headlines.<\/p>\n<p style=\"font-weight: 400;\"><strong>Net Publisher Turnover<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; 2023 Estimate: \u20ac24.4 billion<\/p>\n<p style=\"font-weight: 400;\">&#8211; Peak Comparison: Almost back to the 2007 peak of \u20ac24.5 billion<\/p>\n<p style=\"font-weight: 400;\">&#8211; 2008 Financial Crisis Impact: Significant stagnation followed the crisis<\/p>\n<p style=\"font-weight: 400;\">&#8211; COVID Impact: Minimal overall, with only a 1% turnover loss by the end of 2020<\/p>\n<p style=\"font-weight: 400;\"><strong>Post-COVID Recovery<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; 2021: Significant rebound with the largest turnover increase in over 20 years<\/p>\n<p style=\"font-weight: 400;\">&#8211; 2022 and 2023: Small increases, mainly due to inflation rather than volume<\/p>\n<p style=\"font-weight: 400;\"><strong>Real Terms vs. Nominal Terms<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; Inflation Adjustment: Nominal turnover may be back to 2007 levels, but not in real terms<\/p>\n<p style=\"font-weight: 400;\"><strong>Title Production and Sales<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; New Titles: Nearly 600,000 new titles annually, with a slight decline since the COVID-19 peak<\/p>\n<p style=\"font-weight: 400;\">&#8211; Books Sold in 2022: Approximately 2.5 billion<\/p>\n<p style=\"font-weight: 400;\">&#8211; Title Availability: Around 14 million different titles in bookstores, including over 3 million digital and audio<\/p>\n<p style=\"font-weight: 400;\"><strong>Market Breakdown by Category<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; Children\u2019s Books: Resilient, representing about 15% of the market<\/p>\n<p style=\"font-weight: 400;\">&#8211; Sales Channels:<\/p>\n<p style=\"font-weight: 400;\">\u00a0 &#8211; Physical Bookstores: Sales recovering to over 45% of the total after a dip during COVID<\/p>\n<p style=\"font-weight: 400;\">\u00a0 &#8211; Online Sales: Peaked at nearly 29% during COVID, now around 26%<\/p>\n<p style=\"font-weight: 400;\"><strong>Format Distribution<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; Print: Dominates with 84% of income<\/p>\n<p style=\"font-weight: 400;\">&#8211; Digital E-books: Close to 13%<\/p>\n<p style=\"font-weight: 400;\">&#8211; Audiobooks: Growing rapidly, now at 3.2%<\/p>\n<p style=\"font-weight: 400;\"><strong>Price Trends<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; Book Prices vs. Inflation: Book prices have increased less than general inflation over the past 20 years (35% vs. 60%)<\/p>\n<p style=\"font-weight: 400;\"><strong>Geographic Insights<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; Market Trends in 2023 Overall, a modest 2.3% increase in turnover driven by price increases rather than volume<\/p>\n<p style=\"font-weight: 400;\">&#8211; Regional Differences:<\/p>\n<p style=\"font-weight: 400;\">\u00a0 &#8211; Nordics: Digital sales growth outpacing print<\/p>\n<p style=\"font-weight: 400;\">\u00a0 &#8211; Western Europe: More stable with slight growth<\/p>\n<p style=\"font-weight: 400;\"><strong>2024 Outlook<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; Q1 Trends: Mixed results with minor growth or decline, influenced by price dynamics<\/p>\n<p style=\"font-weight: 400;\">&#8211; Full-Year Predictions: Key insights will emerge after summer and Christmas sales periods<\/p>\n<p style=\"font-weight: 400;\"><strong>Final Thoughts<\/strong><\/p>\n<p style=\"font-weight: 400;\">&#8211; Diverse and Resilient Market: Despite challenges, the European book market remains robust with significant contributions to cultural diversity and adaptation to changing consumer behaviors.<\/p>\n<p style=\"font-weight: 400;\">Enrico Turrin got a degree in Economics at the University Luigi Bocconi in Milan in 2000 and a master\u2019s degree in International Affairs at the Institute for International Political Studies (ISPI), Milan, in 2001. After internships at the Italian Embassy in Madrid and at the United Nation\u2019s Global Programme against Money Laundering in Vienna, in 2002 he became Project Manager in the Training Area at ISPI and lecturer of International Organisations. From 2005 to 2008 he worked as an external expert and lecturer for ISPI and for a project by the Italian Foreign Ministry in the field of Cooperation. In 2008 he was hired as an economist by FEP, where he has been involved in the ARROW, ARROW plus, TISP and Ambrosia projects, and is currently working in the Aldus network and in the ASAP project. He is Deputy Director of FEP since 2012.<\/p>\n<\/div><\/section>\n<\/div><\/div>\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-4o1ugh-d01cb9cabd2783b284be252c2a8ad6da\">\n.flex_cell.av-4o1ugh-d01cb9cabd2783b284be252c2a8ad6da{\nvertical-align:top;\n}\n.responsive #top #wrap_all .flex_cell.av-4o1ugh-d01cb9cabd2783b284be252c2a8ad6da{\npadding:30px 30px 30px 30px !important;\n}\n<\/style>\n<div class='flex_cell av-4o1ugh-d01cb9cabd2783b284be252c2a8ad6da av-gridrow-cell av_one_fifth no_margin  avia-builder-el-6  el_after_av_cell_three_fifth  avia-builder-el-last  content-align-top'  ><div class='flex_cell_inner'><\/div><\/div>\n<\/div><div id='after_grid_row_1'  class='main_color av_default_container_wrap container_wrap fullsize'  ><div class='container av-section-cont-open' ><div class='template-page content  av-content-full alpha units'><div class='post-entry post-entry-type-page post-entry-1840'><div class='entry-content-wrapper clearfix'>\n<div  class='av-social-sharing-box av-2l40jl-fc657a5d4109edb166beabe7d2d69df2 av-social-sharing-box-default  avia-builder-el-7  el_after_av_layout_row  avia-builder-el-no-sibling  av-social-sharing-box-fullwidth'><div class=\"av-share-box\"><h5 class='av-share-link-description av-no-toc '>Compartir esta entrada<\/h5><ul class=\"av-share-box-list noLightbox\"><li class='av-share-link av-social-link-facebook avia_social_iconfont' ><a target=\"_blank\" aria-label=\"Compartir en Facebook\" href='https:\/\/www.facebook.com\/sharer.php?u=https:\/\/renodo.org\/en\/2024\/06\/13\/enrico-turrin-in-readmagine-figures-on-the-european-publishers-ecosystem-in-2023\/&#038;t=ENRICO%20TURRIN%20IN%20READMAGINE%3A%20FIGURES%20ON%20THE%20EUROPEAN%20PUBLISHERS%20ECOSYSTEM%20IN%202023' data-av_icon='\ue8f3' data-av_iconfont='entypo-fontello'  title='' data-avia-related-tooltip='Compartir en Facebook'><span class='avia_hidden_link_text'>Compartir en Facebook<\/span><\/a><\/li><li class='av-share-link av-social-link-twitter avia_social_iconfont' ><a target=\"_blank\" aria-label=\"Compartir en X\" href='https:\/\/twitter.com\/share?text=ENRICO%20TURRIN%20IN%20READMAGINE%3A%20FIGURES%20ON%20THE%20EUROPEAN%20PUBLISHERS%20ECOSYSTEM%20IN%202023&#038;url=https:\/\/renodo.org\/en\/?p=1840' data-av_icon='\ue932' data-av_iconfont='entypo-fontello'  title='' data-avia-related-tooltip='Compartir en X'><span class='avia_hidden_link_text'>Compartir en X<\/span><\/a><\/li><li class='av-share-link av-social-link-mail avia_social_iconfont' ><a  aria-label=\"Compartir por correo\" href='mailto:?subject=ENRICO%20TURRIN%20IN%20READMAGINE%3A%20FIGURES%20ON%20THE%20EUROPEAN%20PUBLISHERS%20ECOSYSTEM%20IN%202023&#038;body=https:\/\/renodo.org\/en\/2024\/06\/13\/enrico-turrin-in-readmagine-figures-on-the-european-publishers-ecosystem-in-2023\/' data-av_icon='\ue805' data-av_iconfont='entypo-fontello'  title='' data-avia-related-tooltip='Compartir por correo'><span class='avia_hidden_link_text'>Compartir por correo<\/span><\/a><\/li><\/ul><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":1842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[3,4,21],"tags":[],"class_list":["post-1840","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-home","category-ideas","category-ideasen","post_format-post-format-video"],"_links":{"self":[{"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/posts\/1840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/comments?post=1840"}],"version-history":[{"count":2,"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/posts\/1840\/revisions"}],"predecessor-version":[{"id":1877,"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/posts\/1840\/revisions\/1877"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/media\/1842"}],"wp:attachment":[{"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/media?parent=1840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/categories?post=1840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renodo.org\/en\/wp-json\/wp\/v2\/tags?post=1840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}