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Bookwire and Libranda Annual Reports indicate that digital content in the Spanish-language markets (Latin America, Spain and U.S. Hispanic market) enjoy very healthy growth rates, between 5.7% and 4% respectively in the case of revenues from the sale of ebooks;
and between 52.81% and 50% respectively in the case of audiobooks.
- Such figures outstrip Print book sales, which has only grown by 1.1% in 2022 compared to 2021, according to the report by the Federation of Publishers’ Guilds and GFK
- Unit sales continue to be the preponderant business model in the ebook market, representing an average of 75% of total turnover.
- Subscription platforms account for ? of total audiobook sales in Spanish-language markets.
- Digital lending in libraries stands out very positively representing an average of 8% of total digital sales.
- Per territories, the United States recorded one of the highest growth rates in sales (+30%).
- Retail prices of ebooks have increased 8% albeit the reduction of VAT from 21% to 4%.
- 60% of ebooks sold in Spain are priced at more than 8 euros.
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