Key Market Indicators
**Spanish Vaccination Coverage to Maintain 96% Rate Among 1-Year-Olds by 2028** Spain is projected to maintain a vaccination coverage rate of 96% for children aged 1 year old through 2028, according to recent data. This rate has remained stable since 1989, indicating a consistent national effort in child immunization. **Spanish Vaccine Exports to Grow by 2.3% Annually, Reaching $296 Million by 2028** Spanish vaccine exports are forecasted to climb to approximately $296 million by 2028, up from $254 million in 2023. This represents an annual growth rate of 2.3%. Since 1994, Spanish vaccine supply has grown at an average rate of 1.9% per year. In 2023, Spain ranked 12th in global vaccine exports, with the Netherlands surpassing it at $254 million. Belgium, the United Kingdom, and France occupied the second, third, and fourth positions, respectively. **Spanish Vaccine Imports Expected to Rise by 1.9% Annually, Reaching $573 Million by 2028** On the import side, Spain is set to increase its vaccine imports to about $573 million by 2028, from $504 million in 2023. This marks an annual growth rate of 1.9%. Since 1994, Spanish demand for vaccines has risen by an average of 2.7% per year.
