The global export of vaccines for human use is led by Ireland, Belgium, and the United Kingdom, which collectively command over 60% of the market share. The United States follows with a notable decline of 0.58% year-on-year, marking a competitive challenge. Emerging players such as India, Poland, and Russia exhibit strong growth rates, reflecting their increasing prowess in the global vaccine supply chain. Contrarily, significant drops in market share are observed in Denmark, Argentina, and Luxembourg, indicating a strategic reassessment or competitive pressures in these regions.
Significant growth is projected in countries like Peru, Samoa, and Brunei, highlighting new entrants making substantial inroads. Conversely, decreased shares from the United States, Germany, and Canada suggest potential shifts in manufacturing or supply priorities. Japan's remarkable 24.8% year-on-year surge underscores its growing importance in the vaccine market.
Future trends to watch include the sustained growth in emerging markets and the impact of technological advancements in vaccine production and distribution. The potential increase in public health initiatives and international collaborations are also critical factors likely to shape the future landscape of global vaccine exports.
Top countries in Export of Vaccines for Human Use Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 23.58 | 2023 | +4.73% | +4.03% | View data |
| 2 | 2 Belgium | 22.86 | 2023 | +1.39% | +1.72% | View data |
| 3 | 3 United Kingdom | 17.84 | 2023 | +4.18% | +4.69% | View data |
| 4 | 4 France | 13.39 | 2023 | +1.92% | +1.21% | View data |
| 5 | 5 United States | 7.6 | 2023 | +1.3% | -0.58% | View data |
| 6 | 6 Italy | 4.01 | 2023 | +3.61% | +5.53% | View data |
| 7 | 7 India | 2.71 | 2023 | +3.64% | +4.19% | View data |
| 8 | 8 Poland | 2.54 | 2023 | +6% | +6.12% | View data |
| 9 | 9 Germany | 1.93 | 2023 | -0.25% | -2.34% | View data |
| 10 | 10 Canada | 1.62 | 2023 | +0.23% | -2.99% | View data |
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