Key Market Indicators
Malawi's import of prescription glasses is projected to decline to approximately $1,100 by 2028, down from around $1,400 in 2023. This represents a year-on-year compound annual growth rate (CAGR) decrease of 3.4%. The downward trend in demand for prescription glasses in Malawi is not new, as it has been experiencing a consistent decline at the same rate since 1995. The data points to a continued reduction in the need for imported eyewear in the coming years, reflecting broader trends in the country's eyewear market.