2025-1-2
Brief analysis and key suggestions of inverter export data in November:
Total export volume
Export value in November 24: US$609 million, up 9.07% year-on-year, down 7.51% month-on-month. Cumulative export value from January to November 24: US$7.599 billion, down 18.79% year-on-year. Analysis: The decline in annual cumulative export value shows that the overall market demand has weakened, but the year-on-year growth rate turned positive in November, indicating that the demand for a single month has rebounded.
Export performance by region
Regions with faster growth:
Asia: US$244 million (+24.41% month-on-month)
Oceania: US$25 million (+20.17% month-on-month)
South America: US$93 million (+8.07% month-on-month)
Regions with weaker performance:
Europe: US$172 million (-35.20% month-on-month)
Africa: US$35 million (-24.71% month-on-month)
North America: US$41 million (-4.38% month-on-month)
Analysis:
The Asian and Oceania markets grew rapidly, while the European market declined significantly month-on-month, which may be affected by energy policies and demand fluctuations.
Export performance by country
Countries with outstanding growth:
Malaysia: US$9 million (up 109.84% month-on-month)
Vietnam: US$8 million (up 81.50% month-on-month)
Thailand: US$13 million (up 59.48% month-on-month)
Analysis: Southeast Asia has a growth rate of 1.5%, but the output value is not very high
Other growth markets:
Australia: US$24 million (up 22.85% month-on-month)
Italy: US$6 million (up 28.41% month-on-month)
Export performance by province
Table Provinces with better performance:
Anhui Province: 129 million US dollars (8.89% month-on-month) Provinces with more declines:
Zhejiang Province: 133 million US dollars (-17.50% month-on-month)
Guangdong Province: 231 million US dollars (-9.58% month-on-month)
Jiangsu Province: 58 million US dollars (-12.03% month-on-month)
Analysis: The market is not as expected, with a slight decline overall
Investment advice: Involution has intensified, exports are not as expected, act with caution
Risk warning
Demand risk: Market demand may be lower than expected, affecting export growth.
Industry competition: Intensified competition may reduce profit margins.
Summary
Inverter exports in November showed regional differentiation: Asia and Oceania performed strongly, while Europe and Africa declined significantly. It is recommended to pay attention to the demand growth in emerging markets such as Southeast Asia, as well as the market layout of key enterprises in the fields of large storage and household storage, while being alert to potential risks brought about by demand fluctuations and intensified competition.
Post time: Jan-02-2025