HOME
ABOUT BTD
COMPANY
HISTORY
HONORS
SERVICED CLIENTS
PRODUCT
BTDaaS
NINE PRODUCTS
SERVICE SOLUTION
SOLUTIONS
BUYERS & SELLERS
LOGISTICS
FINANCIAL
OTHER
TRADE DATABASE
GLOBAL
RCEP
ASIA-PACIFIC
AFRICA
AMERICA
EUROPE
TRADE ANALYSIS
Agroforestry and Paper
Chemical Industry
Textile
Metallurgy and Metals
Mechanical And Electrical
Means Of Transport
Instrument
Furniture, Toys, Necessities
NEWS
Company News
Trade Dynamics
Industry Analysis
CONTACT US

Industry Analysis

LOCATION:HOME - NEWS - Industry Analysis

Solar Cells (HS: 854142-854143) Annual Import and Export Analysis Summary for the Year 2023

Issuing time:2024-02-23 Author:Alisa Back to list

         Solar cells are devices that convert sunlight into electrical energy. They are also known as photovoltaic cells, and their operation is based on the photovoltaic effect. When sunlight strikes the surface of a solar cell, photons excite electrons in semiconductor materials, generating an electric current. This process directly converts sunlight into usable electrical energy, which can be utilized for power generation, supplying electricity, and various other applications.

        Common materials used in solar cells include silicon (single-crystal silicon, polycrystalline silicon), semiconductor materials (such as cadmium telluride, indium selenide), organic materials, and perovskite, among others. Due to the variety of materials and manufacturing processes, solar cells can be categorized into various types, including monocrystalline silicon solar cells, polycrystalline silicon solar cells, thin-film solar cells, organic solar cells, and more.

        With the development of society, solar cells are widely applied in various aspects of life, such as rooftop solar power systems for residential and commercial buildings, solar power plants, charging for mobile devices, and electric vehicle charging.

         As the main force in the global solar cell industry, China is both the largest producer and the largest exporter. According to customs data, the total import and export value of solar cells (HS: 854142-854143) in China reached $44,443,225,022 in 2023, with a total quantity of 6,190,473,568 units. The export value was $43,780,567,413, a year-on-year decrease of 5.6%, with a total export quantity of 5,636,909,261 units, representing a 38.44% year-on-year increase. The import value was $662,657,609, a year-on-year decrease of 58.24%, with a total import quantity of 553,564,307 units, marking a 33.09% year-on-year decrease. Looking at the overall monthly data for solar cells (HS: 854142-854143) in 2023, it can be observed that while the prices and quantities fluctuate each month, there is an overall upward trend in the export of solar cells.

2.png

        Some European countries have implemented policies supporting renewable energy, promoting the adoption and market growth of solar cells. Additionally, the United States is one of the major markets for solar cells, experiencing significant growth in production and installation in recent years. Solar tax credits and renewable energy targets in various states are also driving the development of the solar market in the United States.

       The export market for Chinese solar cells can be analyzed from two perspectives in 2023. First, in terms of export value, the main destinations for Chinese solar cell exports include the Netherlands, Brazil, India, Spain, Pakistan, Saudi Arabia, Japan, Australia, Turkey, Belgium, and others. Second, in terms of export quantity, a significant proportion is shipped to Asian markets such as India, Turkey, Cambodia, Thailand, South Korea, and Singapore.

        With the expansion of solar cell manufacturing scale and technological advancements, the production costs have gradually decreased, making solar cells more economically viable and enhancing market competitiveness. Simultaneously, increasing global attention to environmental issues and climate change has driven the demand for clean energy. Solar cells, as a clean and renewable energy technology, have gained more attention and adoption. The momentum for global energy transition is strengthening, leading to a growing demand for renewable energy sources worldwide.

         Certainly, there are some trade disputes in the international solar cell sector, including anti-dumping and anti-subsidy investigations. These disputes mainly involve the competitive relationships between the importing and exporting countries of solar cells.

        It's important to note that the situation in the solar cell market may change over time, depending on factors such as national policies, technological innovations, international trade conditions, and more. Additionally, considering the timeliness of data, the latest market trends and policy changes can also impact the export of solar cells. To obtain the most up-to-date information on the solar cell import and export market, it is recommended to stay informed about the latest data changes.

(This article is an original creation of Guomao Tong. Reproduction is allowed with proper attribution.)