Key Market Indicators
In a significant downturn, Belgium's export of prescription glasses plummeted by 55.2% in 2018, falling to approximately $11,400 from $25,400 in 2017. This decline continues a downward trend in the nation's supply, which has seen an average annual decrease of 1% since 2004. Conversely, the import of prescription glasses into Belgium experienced a substantial increase. In 2018, imports reached nearly $24,800, up from $15,400 in 2017, marking a 61.2% growth year-over-year. Despite this recent surge, Belgium's demand for imported prescription glasses has decreased by an average of 23% annually since 2004.
