Key Market Indicators
Honduras is projected to see a significant drop in its antibiotics imports, with figures expected to plummet to approximately $114,000 by 2028. This marks a sharp decline from the $606,000 recorded in 2023. The downward trend represents an annual compound growth rate (CAGR) decrease of 25.8%. Historically, the demand for antibiotics in Honduras has been on a steady decline. Since 1999, the country has experienced an annual reduction in demand of about 11.3%. The latest projections underscore the continuing contraction in the market for these essential medicines.