Key Market Indicators
In 2021, China ranked number 3 in exports, while the US came in first with $20,959,400 and Germany in second with $13,743,400. China is set to see a decreased demand for prescription glasses, with imports projected to fall by 18.5% year on year on average over the next five years. In 2021, China came in at number 15 with imports of $305,630, while Ivory Coast topped the list with $8,452,600. India, Hungary and the Dominican Republic followed in second, third and fourth place, respectively. On the other hand, Chinese exports of prescription glasses are estimated to grow 1.4% year on year on average over the next five years. In 2021, the US, Germany and China were the top three exporters of prescription glasses, with the US leading the way with $20,959,400, followed by Germany at $13,743,400 and China at $7,794,400.
