Key Market Indicators
**Colombian Vaccination Coverage Expected to Rise Slightly by 2028** Colombia's vaccination coverage for children aged one year is projected to reach 94% by 2028, up from 93% in 2023. This represents an average annual growth rate of 0.2 percentage points. The country's vaccination coverage has been increasing steadily at this rate since 1985. **Vaccine Imports on the Rise** Colombia's vaccine imports are anticipated to grow to approximately $141 million by 2028, up from $128 million in 2023. This marks an average annual growth rate of 1.4%. Since 1996, the demand for vaccines in Colombia has been increasing at an average annual rate of 2%. **Plummeting Vaccine Exports** On the export front, Colombia has seen a dramatic decline. In 2017, vaccine exports were valued at just $7,460, a sharp drop from $590,040 in 2016, representing a staggering 98.7% decrease. Since 1996, the country's vaccine supply for export has fallen by an average of 63.6% annually.
