Key Market Indicators
**Macedonian Newspaper Publishing Revenue Projected to Fall by 2028** Macedonian newspaper publishing revenue is projected to decline to approximately €8 million by 2028, down from €8.5 million in 2023. This represents a year-on-year compound annual growth rate (CAGR) decrease of 1%. Despite this downward trend, the Macedonian market had seen an upward trajectory since 2016, growing at a rate of 1.7% annually. In the 2023 rankings, Macedonia held the 27th position, with Malta surpassing it at €8.5 million. Leading the rankings were the United Kingdom, France, and Spain, in second, third, and fourth places respectively. **Significant Decrease in Newspaper Imports and Exports** In terms of imports, Macedonian newspapers saw a notable decline. Imports plummeted to $392,170 in 2023, down from $470,610 in 2022, marking a 16.7% decrease year-on-year. Since 1999, the demand for imported newspapers in Macedonia has been on a consistent downward slope, averaging a 12.5% decrease annually. Similarly, the export figures for Macedonian newspapers have experienced a sharp decline. In 2019, exports were valued at close to $29,230, a dramatic drop from $224,940 in 2018, representing an 87% decrease from the previous year. Overall, since 1999, the supply of Macedonian newspapers for export has diminished by an average of 38.7% each year.
