The import value of sunglasses to Saudi Arabia in 2023 stood at $35.697 million. The forecast indicates a gradual decline with values of $35.486 million in 2024, $35.281 million in 2025, $35.079 million in 2026, $34.882 million in 2027, and $34.689 million in 2028. Comparing the values from 2026 to 2023, there is a noticeable year-on-year decrease.
The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is negative, forecasting a slight annual decline.
Future trends to watch for include:
- Changes in consumer preferences towards fashion and lifestyle.
- Evolving import regulations and trade policies in Saudi Arabia.
- Technological advancements in eyewear materials and designs.
- Impact of economic conditions on discretionary spending.
- Growing importance of UV protection and health awareness among consumers.
