In 2023, China's re-import of glasses for corrective spectacles significantly reduced, with the volume standing notably higher than the forecasted trend for 2024-2028. Starting with a volume of 387 kilograms in 2024, the forecast anticipates a sharp year-on-year decline: 23.25% in 2025, 29.63% in 2026, 41.63% in 2027, and 69.67% in 2028, respectively. The compound annual growth rate (CAGR) over these years projects an average annual decrease.
Future trends to watch for include:
- Potential shifts in domestic manufacturing capabilities in China.
- Changes in consumer preferences towards custom or locally made spectacles.
- Possible regulatory changes affecting imports and exports.
