Key Market Indicators
Namibia's prescription glasses import plummeted sharply in 2018, dropping to approximately $50 from nearly $940 in 2017. This marks a staggering decrease of 94.7% compared to the previous year. The country's demand for prescription glasses has been consistently declining, with a 62.2% year-on-year reduction observed since 2005. On the export front, Namibia saw a significant surge in 2017. The export value of prescription glasses soared to around $1,020, up from just $80 in 2016. This represents an impressive increase of 1,210% compared to the previous year. Despite this spike, the long-term trend shows a decline, with the supply of prescription glasses decreasing by 31% year on year since 2006.
