9月出口数据：光伏延续下滑，逆变器季节性回调

Export Data Summary - In September 2024, the export value of domestic photovoltaic modules and batteries was $2.014 billion, down 40.2% year-on-year and 17.3% month-on-month[1] - The export quantity was 537 million units, up 25.8% year-on-year but down 25.8% month-on-month[1] - From January to September 2024, the cumulative export value reached$ 24.681 billion, a decrease of 31.7% year-on-year, with an export quantity of 5.481 billion units, up 27.4% year-on-year[1] Regional Performance - In September, exports to Europe were $758 million, down 20.18% month-on-month, attributed to slow installation speeds and unclear stimulus policies[3] - Exports to Asia were$ 797 million, down 17.85% month-on-month, influenced by increased inventory in Pakistan and port transport issues in India[3] - Exports to Latin America were $290 million, down 4.40% month-on-month, while exports to Africa were$ 103 million, down 14.21% month-on-month[3] Inverter Export Data - In September 2024, the export value of inverters was $679 million, up 5.04% year-on-year but down 21.21% month-on-month[1] - The export quantity was 4.296 million units, up 10.82% year-on-year but down 18.76% month-on-month[1] - From January to September 2024, the cumulative export value of inverters was$ 6.331 billion, down 23.23% year-on-year, with an export quantity of 39.997 million units, down 2.02% year-on-year[1] Market Outlook - The fourth quarter is expected to be a traditional off-season for Europe, with demand in Asia also affected by India and Pakistan[1] - Only the Middle East is showing positive demand trends, leading to an overall pessimistic outlook for photovoltaic exports in Q4[1] - For inverters, seasonal factors are expected to diminish, and emerging markets may see improved export demand in Q4[1]