Vaccines Market

Vaccines market: read the latest data featured by an Ai-driven business intelligence platform. Facts and figures contain consumption, exports, imports, production, market prices, market size, trade, and companies. Here is a split by region, including the U.S., Russia, Latin America, the U.K., the Middle East, China, Africa, and EU. Market insights and forecast to 2030 are also featured in the reports.


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Vaccines - World's Largest Markets

RatingCountry
1China
2United States
3Germany
4Spain
5Japan

In value terms, China, the United States and Germany appeared to be the countries with the highest levels of market value in 2021, together comprising 37% of the global market. These countries were followed by Spain, Japan, France, Indonesia, India, Mexico, the UK, Pakistan, Egypt and Russia, which together accounted for a further 31%.

Spain (+108.2% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while vaccines market for the other global leaders experienced more modest paces of growth.

Vaccines Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Ireland150168145891111096-14.0%
France26386932055837724719.6%
Germany662285666978520225-11.4%
Netherlands877014870059655353-13.6%
Spain515493517511132887060.6%
United States5033414462253004139144.3%
Belgium93506313910494444642118.0%
Average32431840709790060766.6%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Belgium ($4,444,642 per ton), while Ireland ($111,096 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+144.3% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
United States39279884547592478813310.4%
United Kingdom192894480764021369335.3%
Belgium14158981514707193837917.0%
Netherlands369220162838119300279.8%
Canada1711482056421102391153.8%
France26576125330894408688.5%
Spain34981642031960681531.7%
Pakistan4660076672356252176.5%
Germany355130310336327550-4.0%
Ireland244169184041105310-34.3%
Malaysia828213084745552-25.8%
Average67351558363682584210.7%

Prices varied noticeably by the country of destination; the country with the highest price was the United States ($4,788,133 per ton), while Malaysia ($45,552 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+176.5% per year), while the other global leaders experienced more modest paces of growth.

Vaccines - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
Belgium7.581227.0%
Germany1.21.511196.3%
United States7.37.484.7%
Spain0.50.77.3275.7%
United Kingdom2.11.23.835.7%

In value terms, the largest vaccines importing markets worldwide were Belgium ($12.1B), Germany ($10.8B) and the United States ($8B), together accounting for 37% of global imports. These countries were followed by Spain, the UK, France, Canada, the Netherlands, Pakistan, Ireland and Malaysia, which together accounted for a further 27%.

The Netherlands (+333.6% per year) saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Vaccines - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Belgium81243132.1%
United States21.812145.7%
Germany0.70.612314.2%
Spain0.080.36743.3%
France5.24.45.42.3%

In value terms, Belgium ($42.9B) remains the largest vaccines supplier worldwide, comprising 43% of global exports. The second position in the ranking was occupied by the United States ($12.2B), with a 12% share of global exports. It was followed by Germany, with a 12% share.

From 2019 to 2021, the average annual rate of growth in terms of value in Belgium totaled +132.1%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+145.7% per year) and Germany (+314.2% per year).

Vaccines - Market Forecast

Driven by increasing demand for vaccines worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Vaccines - Top Companies

Amgen Inc., CSL BEHRING (AUSTRALIA) PTY LTD, SEQIRUS PTY LTD, Csl Behring L.L.C., CSL Behring GmbH, China Animal Husbandry Group, Shanxi Beifangguokangbao Pesticide Co.,Ltd., COFCO Biochemical (AnHui) Co., Ltd., Celltrion, Inc., Hubei Anqi Biological Group Co., Ltd., SERUM INSTITUTE OF INDIA PRIVATE LIMITED, IRAN BLOOD TRANSFUSION ORGANIZATION COMPANY, China Animal Husbandry Industry Co., Ltd., Boehringer Ingelheim Vetmedica, Inc., Bpl Plasma, Inc., Albany Molecular Research, Inc., Sanofi Pasteur Inc., GSK Vaccines GmbH, EDWARDS LIFESCIENCES (SINGAPORE) PTE. LTD., SAMSUNG BIOLOGICS CO., LTD

Vaccines - Product Coverage

  • HS 300220 - Vaccines; for human medicine
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World - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global vaccines market.

Africa - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vaccines market in Africa.

Eastern Asia - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vaccines market in Eastern Asia.

Australia and Oceania - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vaccines market in Australia and Oceania.

Southern Asia - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vaccines market in Southern Asia.

Northern America - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vaccines market in Northern America.

Middle East - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vaccines market in the Middle East.

Latin America and the Caribbean - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vaccines market in Latin America and the Caribbean.

South-Eastern Asia - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vaccines market in South-Eastern Asia.

Central Asia - Vaccines for Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vaccines market in Central Asia.

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