North -american rates, Europa to launch the world solar panels trade

Of Sudarshan Varadhan

Singapore (Reuters) -Solar Laos and Indonesia, mainly owned by Chinese companies, increased their share in the United States Market after heavy rates reached exports from other southern countries -East Asian, including Cambodia and Thailand, commercial data were displayed.

The United States Government ended strong supplies on the imports of solar cells and modules in Vietnam, Malaysia, Thailand and Cambodia in April, after two rounds of rates in June and November last year, to prevent the dumping of mostly Chinese property in these countries.

However, Chinese companies have moved their production to Indonesia and Laos and have promoted exports to the United States, according to Reuters.

Combined participation for Indonesia and Laos in the United States Solar Module Market increased to 29% in three months after the second round of U.S. functions was imposed on neighboring producers in late November, from less than 1% in 2023, a Reuters review of the United States’s commercial data was displayed.

Industry analysts and experts say that South South Capabilities -East Chinese companies’ ownership were almost exclusively for Sidestep’s rates and supplying North -American markets to world prices, exposing the limits of Washington’s trade interventions.

Yana Hryshko, responsible for the world research chain of the Wood Mackenzie consulting company, said that all the capacity of solar manufacture of the four southern countries -East Asian affected by high rates, would now be “closed or reduced in a spectacular way.”

Change the trade routes

Exports from the solar panel of Vietnam, Malaysia, Thailand and Cambodia in the United States fell by 33% annually in the nine months since the first round of rates in June. In the same period, the exports of the Regional Neighbors Indonesia and Laos grew about eight times, as shown by commercial data.

In general, imports from North -American solar panels have dropped by 26% since June, with the combined quota of the four countries in the market that comes out

From 82% in the full year 2024 to 54% in the three months after the second round of rates at the end of November.

North -American imports of solar cells, which can be gathered in the United States to create panels, have tripled since the first round of rates despite the highest costs of imports in target countries. However, Indonesia and Laos still ate on the market, as their exports increased around 17 times.

Solar cells accounted for about 28% of all U.S. solar imports since the first round of rates, compared to 6.5% by 2023, the data were displayed.

Chinese manufacturers already review export strategies for fees in Indonesia and Laos, said Fei Chen, a solar research analyst at Rystad Energy consulting.