Tuesday, September 24, 2024

Serials Price Projection Report for 2025

Library services provider EBSCO Information Services has just published its  2025 Serials Price Projection Report.

"Each year, we conduct an extensive survey of publishers and analyze incoming pricing data to provide informed serials price projections. These insights are designed to assist libraries and publishers for the upcoming renewal season, offering a view of the financial landscape ahead."

"While our forecasts are grounded in analysis, we advise our partners to understand that these are estimates, and while insightful, are subject to change."

"As of this report’s publication, we anticipate that the overall effective publisher price increases for 2025 will fall within the ranges presented in the table before any currency impact."

The report estimates that the price increases are expected to be (before any currency impact) in the range of 4 to 5 percent for individual e-journal titles, 3.5 to 4.5 percent for e-journal packages and 5 to 6 percent for print titles.

On the impact of currency fluctuations, the report states:

"For customers in the U.K. and Eurozone countries, generally 50 to 60 percent of content spend is priced by publishers in their local currencies. Libraries in Canada, Australia, New Zealand, Turkey, South Africa, and other countries generally have much higher ratios of spend allocated to titles priced in other currencies and therefore can expect currency fluctuations to have a more significant impact on their budgets."

"As always, and depending on library location geographically, EBSCO recommends customers add an additional 2 to 4 percent to the estimated price increases when budgeting to protect themselves from a possible shift in currency in which they are invoiced between now and the time subscription payments are made."

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posted by Michel-Adrien at 7:49 pm

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