PA reports 2019 as best ever year for UK publishing
In the UK, the Publishers Association (PA) has reported that 2019 was the best year for publishing in the market’s history, reports Publishing Perspectives.
According to the PA’s 2019 yearbook, export sales income accounted for 59% of total sales income for publishers, with export sales up 3.3% over those in 2018. The growth was driven by such results as exports to China (up 26.4%), children’s books exports to Canada (up 52.3%), and nonfiction exports to Poland (up 71.2%) and the Netherlands (up 38.2%).
Sales in the UK were up 3.7% on 2018, to a total £2.4 billion (A$4.3b). The total publishing income for 2019 was £6.3 billion (A$11.2b), up 3.5% on the previous year.
PA CEO Stephen Lotinga said, ‘Before the coronavirus pandemic, the UK’s publishing industry was flourishing.’
‘The UK publishing industry was on course to be worth £10 billion (A$17.8b) by 2030 before the coronavirus, but that will only happen now if the government properly supports our recovery,’ Lotinga said. ‘This means ensuring there is a fair market for books, particularly support for bookshops, avoiding a no-deal Brexit and providing vital funding for schools and universities so they can buy the education resources that students need to learn remotely.’
Category: International news