Forecast: Export of Glasses for Corrective Spectacles from South Africa

The forecast for the export of glasses for corrective spectacles from South Africa shows a downward trend from 2024 to 2028. The export value is projected to decrease consistently each year, starting from 61.39 thousand USD in 2024 to 42.08 thousand USD in 2028. The year-on-year percentage variations indicate a decrease of approximately 8.5% from 2024 to 2025, 8.7% from 2025 to 2026, 9.3% from 2026 to 2027, and 10% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the forecasted five years is approximately -8.95%.

Future trends to watch for include:

  • The impact of global economic conditions on trade and export activities.
  • Technological advancements and innovations in the eyewear industry that may influence production and export volumes.
  • Shifts in consumer preferences and demand for corrective spectacles in key markets.
  • Regulatory changes and trade policies that could affect export dynamics.

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