Key Market Indicators
**Portugal Achieves Full Vaccination Coverage for One-Year-Olds in 2023** Portugal has reached a milestone in child vaccination coverage, achieving 100 percent for one-year-olds in 2023. This marks a 1 percent increase from the 99 percent coverage recorded in 2022. The country has shown a steady growth in vaccination rates, with an average annual increase of 0.2 percent since 2005. **Vaccine Imports on the Rise** Portugal's vaccine imports are projected to reach approximately $120 million by 2028, up from $108 million in 2023. This represents an average annual growth rate of 1.7 percent. Since 1993, the demand for vaccines in Portugal has consistently grown at the same rate, reflecting the country's commitment to enhancing its healthcare system. **Growing Vaccine Exports** The country's vaccine exports are also on an upward trajectory. By 2028, exports are expected to hit around $15 million, up from $13 million in 2023. This growth rate averages 2.3 percent per year. Since 1993, Portugal's vaccine supply has surged by an average of 4.8 percent annually. In 2023, Portugal ranked 29th globally in vaccine exports, with Brazil surpassing it at the same export value. Belgium, the United Kingdom, and France were the top three exporters. **Stable Vaccination Coverage in Recent Years** In 2019, Portugal maintained a stable vaccination coverage rate of 99 percent for one-year-olds, identical to the rate in 2018. This consistency has been a trend since 1985, with the market showing an average annual increase of 0.2 percent. The stability underscores Portugal's long-term commitment to public health and immunization.
