The import of spectacle lenses of glass to the UAE has displayed considerable fluctuations from 2013 to 2023. Peaking in 2014 and 2017 with values of 96.11 and 84.89 thousand kilograms respectively, the trend generally shows a downward movement post-2017. By 2023, the volume stood at 47.61 thousand kilograms, reflecting a consistent year-on-year decline since 2018. Over the last two years, this decrease has averaged around 6.51%. The past five years reveal an average annual reduction of 6.23% (CAGR), highlighting a significant contraction in imports over the period.
Future trends to watch for:
- Projected decline: Forecasts suggest a continued descending trend, with a 5-year CAGR projected at -7.18%, reaching 30.29 thousand kilograms by 2028.
- Market adjustments: Changes in consumer preferences, technological advances in eyewear, and shifts in market dynamics may influence import volumes.
