Key Market Indicators
Luxembourg's computer hardware export market is projected to reach approximately $10.5 million by 2028, a modest increase from the estimated $10.1 million in 2023. This represents an average annual growth rate of 0.5%. The country's supply of computer hardware has been on a steady rise, growing at an average rate of 0.6% per year since 2004. On the import side, Luxembourg is expected to see its computer hardware imports climb to around $38.9 million by 2028, up from about $38.5 million in 2023. This growth reflects a compound annual growth rate (CAGR) of 0.1%. Since 2004, the demand for computer hardware in Luxembourg has increased at an average annual rate of 0.2%.