30 November 2012
The Federation of European Publishers (FEP) estimate that total annual sales revenue of book publishers of the EU and the EEA was approximately €22.8 billion in 2011, according to a survey they conducted. This represents a 3% decrease from the last estimate of €23.5 billion for 2010, with most markets recording a lower turnover than the previous year. The largest markets in terms of publishers’ turnover in 2011 were Germany, followed by the UK, France, Spain and Italy.
However there was a 1% increase in the number of new titles to 530,000 in 2011. European publishers held a total of close to 8.5 million different titles in stock, the countries reporting the largest availability being the UK, Germany, Italy, France and Spain, and employed 135,000 people, basically the same as the year before. To read the full press release visit the FEP's website.
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