Key Market Indicators
Colombia saw a substantial drop in the import of prescription glasses in 2015. The total value of these imports plummeted to approximately $440,000, marking a significant decline from the nearly $940,000 recorded in 2014. This represents a decrease of 53% year-over-year. The downward trend in demand for prescription glasses in Colombia has been ongoing for nearly two decades. Since 1996, the country has experienced a 69% annual decline in this sector. Such a sharp reduction in imports raises questions about the factors influencing this market shift, including potential changes in local production, economic conditions, or consumer behavior.
