Key Market Indicators
Russian computer hardware imports are projected to decline over the next five years, falling from approximately $549 million in 2023 to around $511 million by 2028. This represents a compound annual growth rate (CAGR) decline of 1.1% each year. The trend continues a long-term decrease in demand, which has been shrinking by an average of 1.3% annually since 2001. In contrast, Russian computer hardware exports are expected to grow modestly. Exports are forecasted to rise from about $27 million in 2023 to nearly $30 million by 2028, marking an average annual growth rate of 1.6%. This growth follows a historical trend since 2001, where Russian supply has increased by an average of 2.3% per year.
