Forecast: Import of Spectacle Lenses of Glass to Thailand

The import of spectacle lenses of glass to Thailand has fluctuated significantly over the past decade, with dramatic increases and decreases evident in various years. Notable spikes include 2014 with a 73.46% increase and 2016 with a 193.94% rise. Conversely, 2017 experienced a -60.3% drop. The import value in 2023 stood at 706.69 thousand, showcasing stability with a modest year-on-year growth of 1.16%. The past five-year CAGR (Compound Annual Growth Rate) suggests slow, steady growth at 2.53%, while the forecast for 2028 presents a lower CAGR of 0.83%.

Future trends to watch for:

  • An increase in consumer demand for eyewear driven by aging populations
  • Potential shifts in trade policy affecting import volumes
  • Technological advancements leading to potentially competitive alternatives to glass lenses
  • Economic factors that could impact consumer spending on eyewear

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