Key Market Indicators
**Serbia's Vaccination Coverage Poised for Milestone** Serbia is on track to achieve a remarkable milestone in child vaccination coverage. By 2028, the country aims to vaccinate 99% of children aged one year, up from the current 98% in 2023. This represents an average annual growth of 0.2 percentage points. Since 1997, Serbia's vaccination coverage has increased by an average of 0.4 percentage points each year. **Vaccine Export Projections** In the realm of vaccine exports, Serbia's performance is set for a slight decline. By 2028, vaccine exports are projected to reach approximately $374,000, down from $373,000 in 2023. This marks an average annual decrease of 0.1%. Despite this downturn, Serbian vaccine supply has seen a significant growth rate of 3.2% per year since 2010. In 2023, Serbia ranked 45th globally in vaccine exports, with Fiji surpassing it at $373,000. Leading the global rankings were Belgium, the United Kingdom, and France at second, third, and fourth place, respectively. **Rising Vaccine Imports** On the import front, Serbia is witnessing a steady increase. By 2028, vaccine imports are expected to reach approximately $12.2 million, up from $11 million in 2023. This reflects an average annual growth rate of 1.5%. Since 2010, the demand for vaccines in Serbia has risen by an average of 0.2% per year. These trends underscore Serbia's commitment to improving public health through both domestic vaccination initiatives and international trade in vaccines.
