Veterinary vaccines market in Slovakia

Earlier Report Observations

The Slovak market for veterinary vaccines between 2018 and 2024 underwent significant regulatory evolution, starting with the 2018 Veterinary Care Act that mandated dog microchipping and the registration of vaccinations in a central database. This foundational step was followed by the EU-wide implementation of Regulation (EU) 2019/6 in January 2022, which standardized authorization, manufacturing, and labeling rules for veterinary medicines across member states, including Slovakia.

Available market size data shows the sector was valued at $12.1 million in 2022. A substantial growth of over 30% to $15.8 million occurred in 2023, largely driven by the updated national methodology for animal health control and mandated vaccinations, which increased preventive healthcare requirements. The market then contracted to $13.9 million in 2024, a shift influenced by the introduction of new rules for the retail sale of veterinary medicines and a 14% increase in state supervision costs, which adjusted market operations.

Throughout the period, the market was also shaped by the entry of new competitors like Vetanimal Košice in 2022 and the accelerated research into novel vaccine platforms, such as mRNA technology, spurred by the broader biomedical advancements during the COVID-19 pandemic.

Production veterinary vaccines in Slovakia

According to Faostat, there is no production of veterinary vaccines in Slovakia.

Exports veterinary vaccines from Slovakia

Exports in kind, kg

Slovakia's veterinary vaccine exports have grown for the third year in a row. In 2019, exports stood at 41 250 kg, rising to 42 919 kg in 2020—a moderate increase of 4.1%. Over the period from 2017 to 2020, exports surged by 79.3%, translating to an average annual growth rate of 21.5%.

Annual dynamics of product's exports from Slovakia in kind, 2017-2020, kg

From 2017 to 2020, the main buyers of veterinary vaccines from Slovakia were Czechia, accounting for 46.6% of exports in kind; Ireland, with 12.7%; and Russia, at 6.4%. Together, these three countries made up 65.7% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Slovakia in kind, 2017-2020

Exports in value, K $ US

Slovakia's veterinary vaccine exports have increased for the third consecutive year. In 2019, exports were valued at 9 340 thousand US dollars, climbing to 12 787 thousand US dollars in 2020—a significant year-over-year rise of 36.9%. Between 2017 and 2020, exports grew by 146.5%, with a compound annual growth rate of 35.1%.

Annual dynamics of product's exports from Slovakia in value, 2017-2020, K $ US

During 2017–2020, the principal destinations for Slovakia's veterinary vaccine exports in value terms were Czechia, representing 35.6% of exports; Ireland, at 23.7%; and Poland, with 6.9%. Combined, these three countries accounted for 66.3% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Slovakia in value, 2017-2020

Imports veterinary vaccines to Slovakia

Imports in kind, kg

Slovakia's veterinary vaccine imports totaled 52 337 kg in 2020, showing a modest decline of 3.4% compared to 2019. The lowest point was in 2018, at 47 844 kg, which saw the largest decrease of 34.3%. In contrast, 2019 recorded the biggest increase at 13.2%. Overall, from 2017 to 2020, imports fell by 28.1%, averaging an annualized decline of 10.4%.

Annual dynamics of product's imports to Slovakia in kind, 2017-2020, kg

From 2017 to 2020, the three largest sources for Slovakia's veterinary vaccine imports in kind were Czechia, France, and the Netherlands, together comprising 73.1% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Slovakia in kind, 2017-2020

Imports in value, K $ US

Slovakia's veterinary vaccine imports have risen for the second year in a row. In 2019, imports were 9 770 thousand US dollars, increasing to 11 501 thousand US dollars in 2020—a 17.7% year-over-year gain. The lowest value was in 2018, at 8 842 thousand US dollars, which experienced the largest decline of 9.7%. Over the 2017–2020 period, imports grew by 17.4%, with a compound annual growth rate of 5.5%.

Annual dynamics of product's imports to Slovakia in value, 2017-2020, K $ US

Throughout 2017–2020, Czechia, France, and the Netherlands consistently led Slovakia's veterinary vaccine imports in value terms, with shares of 26.3%, 21.7%, and 19.6%, respectively. Together, these three countries accounted for 67.7% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Slovakia in value, 2017-2020