2025 PV Module Exports

4 FAQs about 2025 PV Module Exports

Why did PV shipments decline in Q1 2025?

Margins for the leading PV wafer, cell, and module manufacturers continued to decline through Q1 2025, due to record-low pricing. From 2019 to 2024, shipments from the top 10 PV manufacturers grew from 78 GW to 533 GW, with some companies shipping more than 75 GW annually. Approximately half of 2024 shipments came from the top six companies.

How many PV cells did the US import in Q1 2025?

According to U.S. Census data, the United States imported 4.4 GWdc of PV cells in Q1 2025, leveling off the meteoric growth from the last 18 months. By April 29, the United States had already imported 5 GWdc of cells. If imports were to continue at the current rate, the TRQ would be exceeded by mid-August, halfway through the tariff-year.

What is the global solar PV supply chain worth?

In that last year, the global solar PV chain reached an industrial business value of some 104.7 billion U.S. dollars, with China dominating the market, and followed by the United States and Malaysia. Log in or register to access full data. Discover all statistics and data on Global solar PV supply chain now on statista.com!

How many dumping and import taxes are imposed on solar PV?

Since 2011, the number of antidumping, countervailing and import duties levied against parts of the solar PV supply chain has increased from just 1 import tax to 16 duties and import taxes, with 8 additional policies under consideration. Altogether, these measures cover 15% of global demand outside of China.