Key Market Indicators
**Paraguayan Vaccination Coverage to Decline Slightly by 2028** Paraguay is projected to achieve an 83% vaccination coverage rate for children aged one year by 2028, a slight decrease from the current 84% in 2023. This represents an average annual decline of approximately 0.2 percentage points. Historical data shows that since 1985, the vaccination rate has fallen by an average of 0.9 percentage points each year. **Vaccine Imports to Remain Stable** The country's vaccine imports are expected to remain relatively stable, with projections indicating a total import value of $13.4 million by 2028, inching up from $13.3 million in 2023. This translates to a zero percent year-on-year compound annual growth rate (CAGR). Since 1994, Paraguayan demand for vaccines has experienced a modest increase, averaging a 0.2% annual rise. **Dramatic Surge in Vaccine Exports** Paraguay saw a remarkable surge in vaccine exports, skyrocketing to $36,440 in 2018 from just $500 in 2017. This represents an astonishing 7,190% increase compared to the previous year, highlighting a significant shift in the country's vaccine export dynamics.
