Key Market Indicators
**Mexican Vaccination Coverage for Children Expected to Decline by 2028** Mexico's vaccination coverage for one-year-old children is projected to drop to 76% by 2028, down from the current 80% in 2023. This marks a yearly decline of 0.8 percentage points. Historically, the country's vaccination rate has been on a downward trend, decreasing by approximately 1.9 percentage points annually since 1985. **Vaccine Exports from Mexico to Experience Significant Decline** The country's vaccine export market is forecasted to shrink dramatically, with exports expected to plummet to $915,000 by 2028 from $6.2 million in 2023. This represents an average annual decrease of 29.1%. Since 1995, Mexico's vaccine supply has been consistently decreasing, with an annual decline rate of 11.6%. **Sharp Drop in Mexican Vaccine Imports** In 2023, Mexico imported vaccines worth $49.3 million, a substantial drop from the $65 million recorded in 2022. This 24.2% year-over-year decrease continues a long-term trend; since 1995, the country's vaccine import demand has fallen by an average of 20.9% annually.
