By Porter Anderson, Editor-in-Chief | @Porter_Anderson
A 36.6-Percent Increase in Ebook SalesTrade book publishing in Italy overall grew by 2.4 percent in 2020, for a total of some €1.54 billion (US$1.9 billion), based on cover prices and according to data presented today (January 29) as part of the 38th Scuola per Librai Umberto e Elisabetta Mauri program.
As was mentioned in Publishing Perspectives’ preview of the symposium, Ricardo Franco Levi, president of the Association of Italian Publishers (Associazione Italiana Editori, AIE), joined the Italian Booksellers Association’s (Associazione Librai Italiani, ALI) Paolo Ambrosini to apprise the audience of how Italy closed one of the most challenging years for its book industry in modern history.
An online gathering of close to 1,000 publishing and bookselling professionals in 29 countries were on-hand for the event normally held on the island of San Giorgio Maggiore in Venice.
Levi, who is also vice-president of the Federation of European Publishers (FEP), praised “the dedication of our publishers—who have continued investing, even in the most difficult months.” He went on to commend the market’s booksellers, in addition to “the Italian government and parliament, which launched an extensive aid plan and chose, for the first time, to consider books as essential goods, thus allowing bookshops to remain open during the lockdowns.”
The AIE and ALI’s figures were developed by the AIE Research Office, working in cooperation with Nielsen’s very robust Italian installation.
And it should be noted that with the support of the culture minister Dario Franceschini, a good deal of the credit for the Italian publishing industry’s success goes to Levi, himself, who used his background in government posts to orchestrate a determined series of appeals to the government of Giuseppe Conte—who John Follain and Chiara Albanese report for Bloomberg, is likely to achieve the support he needs to form a new government.
Highlights of the Italian Report
- Sales of print books increased by 0.3 percent calculated on the cover price, reaching a total of €1.43 billion (US$1.7 billion)
- The growth is higher—2.4 percent—if it also includes ebooks (with a 37-percent growth, equal to €97 million or US$117.7 million) and audiobooks (+94 percent, €17.5 million or US$21.7)
- With those increases, digital reading and listening formats account for 7.4 percent of the sales in the trade segment
- The increase in copies came to +2.9 percent
- A 36.6-percent increase in ebooks was seen to more than offset the slight reduction in copies of books (-0.8 percent)
- Overall, Italians purchased 104.5 million books, excluding audiobooks, a format mainly purchased in subscription form in the Italian market
“Bookshops, and physical channels in general, according to the AIE/ALI report, have lost market share to online channels, which increased from 27 percent in 2019 to as much as 43 percent in 2020.”
The new report acknowledges as “noteworthy” the fact “that a large portion of the sales are made by a single operator is noteworthy.” The authors of the report, though, say that physical bookselling channels “did win back some ground from the online market during the year, going from 52 percent in April to 57 percent at the end of December.
In an echo of the problems experienced by major chain bookstore outlets in China’s largest “Tier 1” and “Tier 2” cities in the pandemic year, the Italian report says, “Times have proved to be particularly hard for bookshop chains, such as those located in the tourist centers of art cities, in shopping centers, railway stations, and airports.”
Italy and Europe
“The positive Italian result (0.3 percent), excluding ebooks and audiobooks,” today’s report’s authors write, “is higher than those achieved by France and Germany, which respectively suffered losses of 2 percent and 2.3 percent.
“It’s only slightly lower than the Spanish figure (+1 percent).”
Of the countries currently capable of providing this class of figures, the AIE and ALI say, three markets show significantly better performance than Italy:
- The United Kingdom: +5,5 percent
- The Netherlands: +7 percent
- Finland: +2 percent
Portugal—as would be mentioned several times during the day—witnessed a major drop in sales (-19 percent), a fact deemed to be heavily attributable to a weak e-commerce infrastructure and tradition.
“Our data were in line with those of France and Germany until October,” Levi said. “Opening the bookshops during the last lockdown [our report on this is here] was the element that made the difference.”
The report does note that drops in physical bookstore sales are a common concern throughout Europe.
Levi: ‘Extensive Public Support’
“In this scenario,” Levi said, “our country has stood out for its extensive public support plan, obtained also thanks to the close collaboration between the Italian associations of publishers, booksellers and librarians.” That joint effort in demanding state support and attention, he said, “led to measures used as a model in the rest of Europe, focused on boosting the demand, in both the public and private sectors.”
More notes on the overall findings from 2020 include the fact that educational publishing, “which played a key role in distance learning, experienced a year compromised by a limited renewal of the textbooks chosen for use.
“Academic publishing fared better,” the report says, “thanks to the focus placed on books in distance learning, and because the lockdown reduced the phenomenon of pirate copies, a problem that will recur when the universities reopen and more light is thrown onto “the alarming crisis of academic bookshops.”
Three sectors—art, tourism, and professional legal publishing—also are understood to have met with particular struggles in Italy’s battle with the coronavirus COVID-19 pandemic in 2020.
The closing slide of the AIE report on statistics for 2020 at the all-digital edition of the Scuola per Librai UEM read, “We Miss Venice So Much!”
The Coronavirus in Italy
At this writing, the 3:22 a.m. ET (0822 GMT) update of the Johns Hopkins Coronavirus Resource Center sees 2,515,507 cases in Italy’s population of 60 million, with 87,381 fatalities.
These numbers place Italy at eighth in the world for caseload and sixth in the world for deaths.
More from Publishing Perspectives on Italy and its book publishing industry is here.
And more from us on the coronavirus pandemic is here.