Key Market Indicators
**Malaysian Vaccination Coverage Nears 100% Milestone by 2028** Kuala Lumpur – Malaysia's vaccination coverage for children aged one year old is projected to achieve full coverage by 2028, according to recent data. The current coverage stands at 99% in 2023, with an average annual growth of 0.2 percentage points. Since 1985, the country's vaccination rates have remained remarkably stable, indicating a robust immunization program. **Vaccine Imports On the Rise** Malaysia's vaccine imports are forecasted to reach approximately $107 million by 2028, up from $90 million in 2023. This represents an average annual growth rate of 2.7%. Since 1994, the country's demand for vaccines has been increasing steadily, with a yearly growth rate of 3.5%. **Vaccine Exports Witness Sharp Decline** In contrast, Malaysia's vaccine exports have seen a significant decline. In 2018, exports fell to $75,000, down 53% from $160,000 in 2017. This marks a continuing trend since 1994, with the supply of vaccines decreasing by an average of 28.9% annually.
