Key Market Indicators
Armenian computer hardware exports are projected to climb to approximately $136,000 by 2028, up from around $114,000 in 2023. This represents a compound annual growth rate (CAGR) of 2.8%. Since 2002, the country's hardware supply has seen a steady annual increase of 5%. In contrast, Armenian computer hardware imports are expected to decline significantly. Projections show imports dropping to about $2.4 million by 2028, down from roughly $3.2 million in 2023. This indicates an average annual decrease of 4.1%. Historically, from 2002 onward, Armenia's demand for imported computer hardware has been on a downward trend, decreasing by 4% each year.
