Chinese Solar PV Product export value reduced by 8.5% in 3Q 2013, according to new report

According to the report, Chinese Solar PV Product export value reduced by 8.5% in 3Q 2013

Highlights of latest Chinese Solar Photovoltaic research findings include:

  • European Union safeguard activities like anti-dumping and anti-subsidy had forced Chinese solar PV (Photovoltaic) makers to fast clear their inventories before April 2013; as a result, China’s exports to European Union were reduced in May and June and continued under pressure in the third quarter of 2013
  • Asia is gradually taking over the place of Europe, becoming the major export destination for Chinese solar PV products, especially Japan
  • Importance of the United States and other emerging markets on Chinese solar PV makers has become increasing manifest
  • Japan continues to take the lion’s share of Chinese solar PV exports; price competition in the Japanese solar PV market is intensifying, thereby affecting sales of Japanese branded modules and battery cells manufactured by Taiwanese makers
  • Based on the exports information disclosed by General Administration of Customs of the People’s Republic of China, it is observed that there are growing numbers of Chinese solar PV makers exporting their products to JVs and their contract partners situated in Southeast Asia, India, and Turkey, as evidenced by the increasing number of semi-products and transited countries

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