Book market expands 7.8% in 2005
Hungary's book market expanded 7.8% in 2005 and was worth Ft 62.74 billion, the Association of Hungarian Publishers and Booksellers announced on Wednesday, a day before the start of the 77th Annual Book Week.
Books published in Hungary accounted for the majority of sales, with foreign-published books accounting for just Ft 4.2 billion of total turnover. Textbooks accounted for Ft 16 billion of turnover, or a little more than a quarter of the total.
There were 12,898 new titles in print at the end of 2005, 8% more than a year earlier. The number of copies published increased 28% to 40,974 during the same period. The average number of copies per title grew from to 3,177 from 2,857.
Hungarian households bought an average 10 books for a total Ft 15,700 in 2005.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.