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According to the data from InfoLink, it shows that in September, China exported a total of 19.8 GW of PV modules, marking an increase of 14.5% compared to 17.3 GW in August, and a year-on-year increase of 55.9% compared to September 2022. Cumulative exports from January to September 2023 reached 157.7 GW, representing a 29.9% increase compared to the same period last year.

European Market

In September, China exported 7.6 GW of PV modules to the European market, marking a slight 6% decrease from August’s 8.2 GW, but in line with the export volume of September 2022. From January to September 2023, Europe accumulated an import of 85.3 GW of PV modules, marking a year-on-year growth of 25.8% compared to the same period last year.

export-analysis-of-pv-modules-continued-impact-of-european-inventory-with-significant-increment-in-india-2

Asia-Pacific market

In September, the Asia-Pacific market imported approximately 7 GW of PV modules from China, a which is significant increase from August, representing a month-on-month increase of about 58% and a year-on-year growth of about 270%. The cumulative import from China from January to September 2023 reached 33.4 GW, surpassing the full-year 2022 import of 31.5 GW.

Americas Market

In September, the Americas imported 2.7 GW of PV modules from China, almost on par with the import volume in August, representing a increase of 29% compared to the same period last year. Cumulatively, from January to September 2023, imports of Chinese PV modules reached 22 GW, marking an increase of approximately 14% compared to the same period last year.

Middle-East market

In September, the Middle East market imported approximately 1.8 GW of PV modules from China, marking a monthly increase of about 19% and a year-on-year increase of 139%. From January to September 2023, there was a cumulative import of 10.3 GW of PV modules, representing a 58% growth compared to the previous year.

Source: Wechat Official Account—InfoLink Consulting

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