From 2013 to 2023, the export of computer data storage units from Armenia exhibited volatility. Following a significant spike in 2015, the figures varied, with notable declines in 2016 and 2017, before a recovery trend began in 2018. The most recent data for 2023 indicates an export volume of 339 units, with a slight year-on-year increase of 1.19% and a five-year CAGR of -5.21%, reflecting the fluctuating nature of this market segment over the past decade.
Looking ahead, the forecasts from 2024 suggest a steady growth pattern, although modest, with an average annual growth rate of 0.93% over the next five years. Key future trends to monitor include advancements in data storage technology, global supply chain dynamics, and potential new market entrants from emerging economies, which could impact Armenia's export performance in this sector.
