Technical FAQs 4

What is the EU export value of solar panels?

By contrast, the EU export value of wind turbines (€2.8 billion) was much higher than the corresponding value for imports. The EU import value of solar panels decreased by 43% between 2023 and 2024 (see Figure 2), due to a drop in prices, even though the quantity imported slightly increased by +2%.

What is the EU export value of solar panels & biofuels in 2024?

The EU import values of solar panels and liquid biofuels in 2024 were much higher than the corresponding EU export values which were €0.7 billion for solar panels and €1.8 billion for liquid biofuels. By contrast, the EU export value of wind turbines (€2.8 billion) was much higher than the corresponding value for imports.

Which countries import solar panels in 2024?

China (98%) was by far the largest partner for extra-EU imports of solar panels in 2024 (Figure 6). The largest extra-EU export destinations for solar panels were Switzerland (26%) and the United Kingdom (22%) see Figure 7. Almost a quarter of the extra-EU imports of liquid biofuels in 2024 came from China (24%) as shown in Figure 8.

Why did the EU import value of solar panels decrease in 2023?

The EU import value of solar panels decreased by 43% between 2023 and 2024 (see Figure 2), due to a drop in prices, even though the quantity imported slightly increased by +2%. During the same period the value of EU imports of liquid biofuels decreased by -25% while the quantity fell by 14%.

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