2023 solar container inverter export data analysis

The Customs Administration's recent report shows November 2023 inverter import-export data. November 2023 saw 3.8 million inverters exported, down 30% YoY but up 22.2% MoM; imports were 292,500 units, up 3% YoY and 28.8% MoM. Year-to-date exports totaled 48.3 million units, up 7.5% Y
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2023 solar container inverter export data analysis

About 2023 solar container inverter export data analysis

The Customs Administration's recent report shows November 2023 inverter import-export data. November 2023 saw 3.8 million inverters exported, down 30% YoY but up 22.2% MoM; imports were 292,500 units, up 3% YoY and 28.8% MoM. Year-to-date exports totaled 48.3 million units, up 7.5% YoY.

As the photovoltaic (PV) industry continues to evolve, advancements in 2023 solar container inverter export data analysis have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.

6 FAQs about [2023 solar container inverter export data analysis]

Who makes the most solar PV inverter shipments in 2023?

Huawei and Sungrow accounted for more than half of all global PV inverter shipments in 2023. Image: Sungrow Shipments of solar PV inverters grew 56% year-on-year between 2022 to 2023 to reach 536GW, according to research and consulting firm Wood Mackenzie.

How did global PV inverter shipments grow in 2023?

Global PV inverter shipments grew by 56% to 536 gigawatts alternating current (GWac) in 2023, reflecting a strong year for the broader solar industry. The top 10 global PV inverter vendors accounted for 81% of the market.

How much did energy storage inverters export in September 2023?

In September 2023, the domestic exports of energy storage inverters amounted to $650 million, marking a 33% year-on-year decrease and a 6% month-on-month decline. The number of PV and energy storage inverters exported in September stood at 3.91 million units, down by 23% compared to the previous year and 3% on a month-to-month basis.

Why did solar tracker shipments grow in 2023?

Similar to PV inverters, the growth of trackers shipments was primarily due to the utility-scale segment. In 2023, PV tracker shipments reached 92GW. China accounted for more than half of the 536GW of solar PV inverters shipped globally in 2023, due to the country's solar growth last year.

Where are inverter shipment leaders from 2023?

Overall, nine of the top 10 inverter shipment leaders from 2023 were headquartered in China, where manufacturers capitalized on national investments in solar to meet both domestic and global demand.

How did the solar PV tracker market grow in 2023?

Another recent report from WoodMackenzie looked at the solar PV tracker market in 2023, which grew by 28% from 2022. Similar to PV inverters, the growth of trackers shipments was primarily due to the utility-scale segment. In 2023, PV tracker shipments reached 92GW.

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