Outlook for the Book Business

Although imports have been falling in the last five years, in Costa Rica the main bookstores have reported annual increases in their sales.

Monday, September 3, 2018

The main reason why some bookstores have managed to improve their sales in recent years is that they have dedicated themselves to catering to readers' tastes and tendencies, in order to better identify their needs and better direct their promotional efforts.

Nacion.com reports that "... Some of the companies that reported increasing numbers in book sales over the last years are: Libreria Internacional, Edisa and Universal."

Luis Bernal Montes de Oca, president of the Costa Rican Chamber of Books, told Nacion.com that "... growth of the business is also driven by a greater production of independent and university publishers."

Nacion.com reports that "... Book imports fell by 13% from 2013 to 2017, while exports did so by 33% in the same period, according to data from the Costa Rican Foreign Trade Promotion Office (Procomer)."

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More on this topic

Central America: Commercial Potential of Bookstores

September 2020

Sophos, a bookstore located in Zona 10 of Guatemala City, is a point that 15 minutes by car monopolizes a potential market of 239 thousand consumers, of which 40% are interested in books.

Using the Geomarketing solutions we have developed for our clients, CentralAmericaData's Trade Intelligence team analyzed the environment of some of the main bookstore locations operating in Central American countries. Below is an extract of the findings of the study.

Books: New Trends Boost Business

April 2019

Entertainment, children and novels in general, are the categories of books that have boosted the business of bookstores in Costa Rica in recent years.

Between 2013 and 2014, book imports fell from $33 million to $30 million, however, in recent years that fall has stopped, because according to data from the Ministry of Finance, between 2014 and 2018 annual imports have oscillated between $27 million and $29.9 million.

Fewer and Fewer Books Being Imported

June 2017

In the last three years, book imports in Costa Rica fell from $33 million in 2013 to $27 million in 2016.

A lull in imports of dictionaries, encyclopedias and school textbooks is the main reason behind the downward trend that has been seen in book imports in the country.

Expansion of New Bookshop Concept

December 2014

Two Costa Rican bookstores are preparing for new openings in 2015 in the country and expansion into El Salvador, Honduras and Nicaragua.

With a format combining a bookstore and gift shop, music and videos, Librería Internacional and Lehman are looking to expand both in the Costa Rican market and regionally.

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