The import of frames and mountings for spectacles except plastic to Canada is forecasted to decline gradually from 2024 to 2028, starting at 75.55 million USD in 2024 and reaching 70.147 million USD by 2028. Compared to previous years, this indicates a downward trend. Based on the provided forecasts, the compound annual growth rate (CAGR) for this period is negative. In 2023, the imports stood higher, demonstrating an ongoing contraction in import volumes and values over time.
Future trends to watch for include potential shifts in consumer preferences towards plastic frames, increasing domestic manufacturing capabilities, or changes in policy affecting international trade. These factors could further impact the trajectory of imports.
