Key Market Indicators
Fiji has achieved a significant milestone in vaccination coverage, with 100% of children aged one year old vaccinated in 2023. This marks a slight increase from the 99% coverage recorded in 2022, a one-point rise compared to the previous year. The Fijian vaccination market has shown a steady growth of 0.2 points annually since 1985. In the realm of vaccine exports, Fiji is projected to see a decrease. Vaccine exports are expected to drop to approximately $371,000 by 2028, down from about $385,000 in 2023. This represents an annual decline of 0.7% in compound annual growth rate (CAGR). Despite this projected decline, the supply of vaccines from Fiji had seen a robust increase of 5.6% year on year since 2007. Conversely, vaccine imports to Fiji are on an upward trajectory. Imports are projected to soar to roughly $7.2 million by 2028, up from around $6 million in 2023. This growth translates to an average annual rate of 2.6%. Since 2007, the demand for vaccines in Fiji has grown at an annual rate of 3.4%.
