Key Market Indicators
In 2018, Brazil's export of prescription glasses significantly dropped to approximately $10,000, a steep decline from the $20,000 recorded in 2017. This represents a sharp decrease of 49% compared to the previous year. Analyzing the trend since 2000, Brazil's supply of prescription glasses has consistently fallen, showing an average annual decline of 17%. Conversely, Brazil saw a notable increase in the import of prescription glasses. In 2018, imports surged to around $235,000, up from $192,000 in 2017, marking a 23% rise from the previous year. However, despite this recent increase, Brazil's demand for imported prescription glasses has decreased over the long term, with an average annual decline of nearly 22% since 1995.