Key Market Indicators
In 2023, Azerbaijan achieved a vaccination coverage rate of 99% for children aged one year, an improvement from the 98% recorded in 2022. This represents a one-point increase in just one year. Historically, the country has seen a steady rise in vaccination coverage, growing at an average rate of 0.6 points annually since 1997. On the import front, Azerbaijani vaccine imports are projected to decline slightly. By 2028, the nation's vaccine imports are expected to reach approximately $4.7 million, down from about $4.8 million in 2023. This forecast indicates an average annual decrease of 0.4%. Despite this projected decline, Azerbaijani demand for vaccines has shown a gradual increase, averaging an annual growth rate of 0.8% since 2002.
