Key Market Indicators
Mongolia is on track to achieve full vaccination coverage for one-year-old children by 2028, up from the current rate of 99% in 2023. The increase represents an average annual growth of 0.2 percentage points. This marks a steady trend in the Mongolian vaccination market since 1985. In contrast, the country's vaccine imports are projected to decrease. By 2028, imports are expected to reach approximately $2.4 million, down from nearly $2.6 million in 2023. This decline reflects a compound annual growth rate (CAGR) of -1.9%. Since 2001, demand for vaccines in Mongolia has seen a similar downward trend, with an average annual decrease of 1.7%.
