Key Market Indicators
Honduran vaccination coverage for children aged one is projected to drop to 82% by 2028, down from 85% in 2023. This represents an average annual decline of 0.7 percentage points. Historical data since 1985 shows that the vaccination coverage in the country has been decreasing by an average of 1.1 percentage points per year. In contrast, the demand for vaccines in Honduras is on an upward trend. Vaccine imports are expected to reach approximately $20.7 million by 2028, up from $19.9 million in 2023. This indicates an annual growth rate of 0.5%. Since 1999, the demand for vaccines in the country has seen a steady increase of 0.8% each year. However, the supply side tells a different story. Since 2003, the domestic supply of vaccines in Honduras has plummeted by 66% annually.
