Oversupply of photovoltaic module market by 20% in 2013

Oversupply of photovoltaic module market by 20% in 2013 SEMIChina predicts that the global PV market will have an oversupply rate of 20% in 2013. The world's largest supply chain China will continue to conduct industry mergers and acquisitions in 2013.

SEMIChina said: In 2013, the growth rate of global PV module production capacity will drop by 13%, and the shipment of PV module components will increase from 39GW to 43GW, which is an increase of 10.25% over last year. This means that supply will exceed 20% of demand. Therefore, the average price of PV modules will continue to decline in 2013.

SEMIChina: Oversupply of Photovoltaic Module Market in 2013 20%

SEMIChina stated that: In 2013, China's domestic PV market output of polysilicon modules was approximately 34 GW, a year-on-year decrease of 24.44%. The output ratio of China's PV module was 23GW, down 8% year-on-year.

In addition, SEMIPV Group also announced the third quarter global PV market data. The order-to-ship ratio for the third quarter was 0.38, which means that the supplier received only $38 for every $100 of goods shipped.

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