HOW MANY PHOTOVOLTAIC MODULES ARE EXPORTED FROM VIENNA
These types of silicon solar panels are known in the industry as ''mono'' and ''poly'' panels. In 2020, almost every consumer will use one of these 2 kinds of crystalline solar panels..
In addition to exports to Asia, it is noteworthy that the United States of America stands out as the largest single Extra-European importer of European PV hardware. Table 3. The imported and exported value [€, millions] and the share [%] of PV modules and cells into Europe from third countries.
In 2021, the value of China's solar PV exports was over USD 30 billion, almost 7% of China's trade surplus over the last five years. In addition, Chinese investments in Malaysia and Viet Nam also made these countries major exporters of PV products, accounting for around 10% and 5% respectively of their trade surpluses since 2017.
By contrast, the EU export value of wind turbines (€2.8 billion) was much higher than the corresponding value for imports. The EU import value of solar panels decreased by 43% between 2023 and 2024 (see Figure 2), due to a drop in prices, even though the quantity imported slightly increased by +2%.
The result clearly shows that China is the dominant source of supply for PV cells and modules in Europe. The concentration of supply from China is remarkable, with 89.9% of PV cells and 95.7% module imports originating from China. In total, 95.6% of the monetary value of total imports in these two categories is attributed to China.
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