The United States remains the leader in global exports of veterinary vaccines, despite experiencing a 3.07% decline, while Malaysia shows impressive growth with a 7.23% increase. Emerging players like Slovenia, experiencing a remarkable 211.91% increase, and Kuwait at 11.48%, indicate shifts in market dynamics. Spain and France have shown modest gains with 1.65% and 2.89% growth, respectively. On the other hand, the United Kingdom saw a significant drop of 32.34%, highlighting potential issues or market shifts.
Future trends to watch include continued growth in Asian and Eastern European countries as manufacturers in these regions strengthen their production capabilities and expand their market presence. Increasing investments in biotechnology and governmental support for the veterinary healthcare sector could drive further expansions globally.
Top countries in Export of Vaccines for Veterinary Use, Except Foot and Mouth Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 18.54 | 2023 | -2.87% | -3.07% | View data |
| 2 | 2 Spain | 13.02 | 2023 | +1.8% | +1.65% | View data |
| 3 | 3 France | 11.44 | 2023 | +2.17% | +2.89% | View data |
| 4 | 4 Mexico | 10.92 | 2023 | +5.38% | -0.6% | View data |
| 5 | 5 Hungary | 5.68 | 2023 | +3.5% | +3.48% | View data |
| 6 | 6 Brazil | 5.41 | 2023 | +4.7% | +1.36% | View data |
| 7 | 7 Italy | 4.82 | 2023 | +1.66% | +2.53% | View data |
| 8 | 8 Belgium | 3.72 | 2023 | +1.52% | -0.2% | View data |
| 9 | 9 Czech Republic | 3.58 | 2023 | +3.31% | +4.16% | View data |
| 10 | 10 Russia | 3.47 | 2023 | +2.69% | +2.38% | View data |
