Key Market Indicators
The import of prescription glasses in Lesotho is projected to decline significantly. By 2022, imports are expected to plunge to approximately $1,200, a sharp drop from $19,000 in 2017. This represents a year-on-year compound annual growth rate (CAGR) decrease of about 39%. The downward trend is not recent. Since 2008, Lesotho has experienced a steady decline in demand for prescription glasses, with an average yearly decrease of roughly 40%.
