EU solar panel export prices

4 FAQs about [EU solar panel export prices]

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%.

How much do solar panels cost in Europe?

The updated guide to photovoltaic module prices shows the latest costs of solar panels across Europe. In August, high-efficiency modules dropped to €0.12 per watt, marking an all-time low for the sector. Prices for photovoltaic modules in 2024 continue to fall.

How big is the Europe solar PV market?

The Europe solar PV market size crossed USD 63.1 billion in 2024 and is set to register at a CAGR of 7.1% from 2025 to 2034, due to the growing focus on green energy and net zero initiatives.

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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