How to Export Photovoltaic Panels: Key Strategies Amid Shifting Global Markets

Why Exporting Solar Panels Now Matters More Than Ever
With global renewable energy demand projected to grow 56% by 2030 , photovoltaic (PV) panel exports have become a high-stakes game. But here's the kicker: While China's 2024 PV exports grew 13% year-over-year , prices hit a 4-year low in October 2024 . So how can exporters thrive in this paradoxical market?
The New Solar Trade Map: Where Opportunities Hide
Market | 2024 Import Growth | Price Trend |
---|---|---|
Africa | +165% (Oct YOY) | $0.49/W |
Europe | -9% (May YOY) | $0.90/W |
Asia | 48% Market Share | $0.87/W |
Africa's solar revolution shows no signs of slowing - 45 countries now import Chinese PV components , with Egypt and South Africa leading installations. Meanwhile, Europe's inventory glut continues with 70-80% of components stored at manufacturers' warehouses .
3 Export Challenges You Can't Ignore in 2025
- Price Erosion: Components hit $0.49/unit in October 2024 , down 40% from 2023 peaks
- Trade Barriers: EU's CBAM tax adds 23% to solar imports effective Q3 2025
- Logistics Bottlenecks: Red Sea disruptions increased shipping costs by 18% since January
Wait, no – let's clarify. The $0.49 price point specifically applies to assembled modules under HS code 85414300 , not complete panel systems. This distinction matters for customs valuation.
Case Study: Breaking Into Emerging Markets
Jinko Solar's African expansion demonstrates successful market entry:
"Our 15% market share grew through localized partnerships and hybrid financing models" - Jinko Energy Representative
Their strategy combined:
- Local assembly plants in Morocco and Nigeria
- Pay-as-you-go financing for rural installations
- Co-development of 720MW utility projects
Future-Proof Your Export Strategy
With 35 GW-level solar markets emerging globally , exporters must adapt:
Solution 1: Diversify Like China's Top Performers
Leading manufacturers now allocate:
- 40% capacity to Asia-Pacific
- 30% to Africa/Middle East
- 20% to Latin America
- 10% to Europe
Solution 2: Master New Trade Instruments
The Carbon Border Adjustment Mechanism (CBAM) requires:
- Detailed emissions reporting
- 3rd-party verification certificates
- Embedded carbon pricing in contracts
As one Xiamen-based exporter noted: "We've reduced shipping costs 12% using the Xiamen-Dongshan feeder route for European shipments" .
Solution 3: Leverage Government Support
Key programs include:
- China's $2.4B BRI Green Energy Fund
- AFD's Solar Africa Initiative
- US EXIM Bank's Renewable Express Insurance
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