Brazil’s Imports of Solar Modules Increase in Q1 of 2022
16 June 2022
Brazilian solar developers imported 5.27 GW of solar
modules worth US$1,450.9 million in Q1 of 2022. That dollar amount increased
from US$931.5 million reported the previous quarter. China is a net supplier of
solar modules to Brazil, sharing 98% of the market. In the first quarter of
2022, Brazil imported US$1,424 million worth of solar modules from China, and
in 2021, that figure was US$2,413 million. Here’s a complete picture of Brazil’s
imports of solar modules from the world and China.
Brazil’s imports of solar modules
from the world
Brazil’s imports of solar modules were up 128.1% to
5.27 GW in Q1 of 2022 from the same period in 2021 when 2.32 GW were imported.
The quarterly figure already exceeds the 4.88 GW of modules imported during the
entire second half of 2021. High-power solar panels with outputs above 500 W
accounted for more than 60% of all PV module imports to the country by volume.
According to our database, Brazil imported US$1,450
million worth of solar modules from the world in Q1 of 2022, an increase from
US$931.5 million reported in the previous quarter. Below given chart shows quarter-wise
values of Brazil’s solar modules imported from the world.
|
Quarter |
Value US$ Million |
|
2022-Q1 |
1,450.9 |
|
2021-Q4 |
931.5 |
|
2021-Q3 |
434.1 |
|
2021-Q2 |
584.1 |
|
2021-Q1 |
510.7 |
By year, Brazil has been witnessing a major surge in
imports of solar modules over the last ten years. In 2012, Brazil imported
US$154.5 million worth of solar modules which increased to US$2,460.6 million
in 2021. Here are the year-wise market trends of Brazil’s imports of solar
modules.
|
Year |
Value US$ Million |
|
2012 |
154.5 |
|
2013 |
173.5 |
|
2014 |
145.1 |
|
2015 |
129.8 |
|
2016 |
345.5 |
|
2017 |
580.1 |
|
2018 |
727.8 |
|
2019 |
1,110.0 |
|
2020 |
1,128.5 |
|
2021 |
2,460.6 |
Brazil’s imports of solar modules
from China
Brazil imports solar modules from China. From the
first quarter of 2021 to the first quarter of 2022, Brazil’s imports of solar
modules from China have increased. According to our online platform and
detailed data, Brazil imported Chinese solar modules worth US$499.8 million in
Q1 of 2021 which increased to US$1,424 million in Q1 of 2022. Take a look at
complete data of Brazil’s imports of solar modules from China from 2021-Q1 to
2022-Q1.
|
Quarter |
Value US$ Million |
|
2022-Q1 |
1,424.0 |
|
2021-Q4 |
914.8 |
|
2021-Q3 |
424.3 |
|
2021-Q2 |
574.1 |
|
2021-Q1 |
499.8 |
Brazil reported a sharp increase in imports of solar
modules from China in more than a decade. Our dashboard shows Brazil imported
solar modules worth US$57.8 million in 2012 which increased substantially to
US$2,413.2 million in 2021. Take a look at year-wise trends of Brazil’s solar module
imports from China.
|
Year |
Value US$ Million |
|
2012 |
57.8 |
|
2013 |
59.2 |
|
2014 |
49.5 |
|
2015 |
62.4 |
|
2016 |
291.3 |
|
2017 |
502.4 |
|
2018 |
658.6 |
|
2019 |
1,056.3 |
|
2020 |
1,073.6 |
|
2021 |
2,413.2 |
Brazil’s imports of solar modules
by country 2021
Brazil’s largest import partner of solar modules is
China, with a market share of 98% in 2021. Learn how China is the only net
supplier of solar modules to Brazil from data visualization.
|
Origin
Country |
Value US$ Million |
Value US$ % |
|
China |
2,413.2 |
98 |
|
Japan |
16.2 |
0.7 |
|
Hong Kong |
5.4 |
0.3 |
|
South Korea |
5.2 |
0.2 |
|
Malaysia |
4.6 |
0.2 |
|
Thailand |
3.1 |
0.2 |
|
Taipei, Chinese |
3.1 |
0.1 |
|
United States |
1.8 |
0.1 |
|
Germany |
1.5 |
0.1 |
|
Philippines |
1.1 |
0.1 |
Under current net metering rules, the equipment
distributors are preparing for the anticipated installation rush later this
year amid significant growth in shipments and outpacing growth in new
installations. From next year, owners of PV systems up to 5 MW in size will
have to pay grid fees. Look out for complete Brazil import data of solar
modules with detailed trade information.
