From 2013 to 2023, the import of ophthalmic instruments and appliances to Ethiopia showed significant fluctuations. The import value stood at 1958.1 thousand USD in 2023. Over the past decade, the most notable spike occurred in 2015 with a year-on-year increase of 666.03%, followed by a sharp decline in 2016. The period from 2017 to 2023 displayed a consistent growth trend, averaging annual increases of around 4-5%. The compound annual growth rate (CAGR) over the last five years stood at 4.09%, indicating moderate growth stability.

Looking ahead, the forecast for imports from 2024 to 2028 predicts continued but slower growth with a projected average annual growth rate of 2.4%, resulting in a forecasted rise to 2279.7 thousand USD by 2028.

Future trends to watch for:

Potential market disruptions due to economic or political factors in Ethiopia.
Technological advancements in ophthalmic instruments that could influence import patterns.
Changes in health policy or infrastructure development in Ethiopia that could impact demand.