Key Market Indicators
**Belarus Sees Slight Dip in Child Vaccination Coverage** MINSK - Belarusian vaccination coverage for children aged one year old experienced a minor decline in 2020, decreasing to 97% from 98% in 2019. This marks a 1-point drop compared to the previous year. Since 2005, the country's vaccination rates have fallen by 0.4 points annually on average. Despite this recent dip, Belarusian vaccination coverage is projected to stabilize. By 2028, it is expected to remain steady at 99% for children aged one year old, maintaining the same rate as in 2023. Historical data since 1997 shows that the vaccination market has increased by 0.2 points per year on average. **Increase in Vaccine Imports Amidst Declining Exports** In terms of vaccine imports, Belarus is on a growth trajectory. By 2028, vaccine imports are forecasted to reach approximately $16.2 million, up from $15.1 million in 2023. This represents a compound annual growth rate (CAGR) of 1.1%. Since 2003, the demand for vaccines in Belarus has risen by 2.1% annually. Conversely, Belarusian vaccine exports have witnessed a dramatic drop. In 2018, vaccine exports plummeted to $2,400 from $46,900 in 2017, a staggering decline of 94.9%. This sharp decrease aligns with a long-term trend, as the country's vaccine supply has diminished by 71.6% per year since 2003.
