Forecast: Import of Spectacle Lenses of Glass to Angola

From 2013 to 2023, Angola's import of spectacle lenses of glass saw significant fluctuations, peaking in 2014 and then experiencing a sharp decline. By 2023, the import volume stood at 5.81 thousand kilograms. Over the last two years, the year-on-year variation showed a consistent slight decline of approximately -0.78%. The last five-year CAGR indicated an average annual decrease of -3.54%, suggesting a steady downtrend in the import volume.

Forecasts from 2024 to 2028 project a continued slight decrease, with an expected five-year CAGR of -0.66% and an overall forecasted decline of -3.27% over this period. This indicates a trend of diminishing imports.

Future trends to watch for include potential shifts in local manufacturing capabilities, changes in consumer preferences towards alternative materials, or economic factors that could impact import volumes. Additionally, technological advancements in lens production and healthcare initiatives aimed at vision correction could influence future import trends.