Key Market Indicators
The import of prescription glasses in Guyana is projected to experience a significant decline. By 2028, the total value of imports is expected to drop to approximately $52, down from around $370 in 2023. This represents an average annual decrease of nearly 30 percent. The downward trend in demand is not a recent development. Since 2012, Guyanese imports of prescription glasses have been falling at an average rate of nearly 12 percent each year. These figures underscore a dramatic shift in the market dynamics for prescription glasses in the country.
