The import of spectacle lenses of glass to India stood at 5.6097 million USD in 2023. The forecasted data for the upcoming years reveal a steady incremental rise: 5.6299 million USD in 2024, 5.6517 million USD in 2025, 5.673 million USD in 2026, 5.6939 million USD in 2027, and 5.7143 million USD in 2028.
Year-on-year variations exhibit the following percentage increases:
- 0.36% from 2023 to 2024
- 0.39% from 2024 to 2025
- 0.38% from 2025 to 2026
- 0.37% from 2026 to 2027
- 0.36% from 2027 to 2028
The CAGR over the last five years is approximately 0.37%.
Future trends to watch for include advancements in eyewear technology, changes in consumer preferences towards different materials for spectacle lenses, and variations in international trade policies that could impact the import volumes.
