Local music in Italy continues to dominate charts in 2024 with 84% of the Top 100 album chart according to FIMI, the Italian recorded music industry association. The Top Ten Albums of 2024 are all Italian for the fifth year in a row and the Top Ten Singles of 2024 were all Italian as well, an increase from 9 out of 10 in 2023.
The results from the FIMI-GFK annual charts (29th December 2023 to 26th December 2024) are:
- Top 100 Albums & Compilation – Italian trapper Tony Effe wins with “Icon”, followed by the Neapolitan rapper Geolier in second position with “Dio lo sa” and by the female rapper Anna in third position with her debut album “Vera baddie”.
- Top 100 Singles – Sanremese hit “Tuta Gold” by Mahmood conquers the first position while female rapper Rose Villain, with “Come un tuono” (feat. Guè), takes second place, confirming the growing female presence in the Italian music scene; the third position is for Geolier, with the song “I p ’me, tu p’ te”.
- Top 20 CDs, Vinyls and Music Cassette – Italian rapper Kid Yugi conquers the throne with “I nomi del diavolo”, followed by Italian rapper Lazza with “Locura” and “The Tortured Poets Department” by Taylor Swift, demonstrating once again the global success of female artists.
The number of female artists in the FIMI Top 20 Album of 2024 grew by 300% compared to the previous year. Following this trend the young Anna emerged, who with her “Vera Baddie” in third place of the annual chart album interrupted the long years of absence from the annual podium by a female artist (the last time dates back to 2018) and with a total of 9 weeks in the first place in the weekly charts achieved the best result of the year for an artist at the top of the Italian charts.
Local music also continued to be popular in 2024, with 100% of the top ten Albums and Singles being Italian as was over 84% of the entire top 100 albums (+5% compared to 2023). Spotify Italy also recorded an increase of 110% since 2021 of songs by Italian artists included in international editorial playlists.
Streaming continues to make stellar growth
In 2024 streaming achieved 95 Bn streams up 31.1% on 2023, with Premium subscriptions and Free services almost equally divided with Premium subscriptions just slightly ahead. In the last week of the year, the overall streaming volume exceeded 2 Bn up from 1 Bn in 2021.
Albums with over 10 million streams (Premium + Free) were 923 in 2024 (+130 compared to 2023), against 142 albums with physical sales/downloads over 10,000 copies in 2013, confirming the shift towards streaming during the last decade.
Physical formats are still important
The market for physical products remains stable with over 4.6 million units sold. Sales of vinyl grew by 15.7% compared to 2023. The physical market is split between the following formats:
- 42.9% vinyl (almost 2 million sold),
- 55.3% CD
- 1.7% music cassettes and other physical formats.