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Detailed Explanation of Tariffs and Sea Freight Requirements for Solar Inverters Exported to the EU
Category: Renewable EnergyDate: November 5, 2024 12:55Source: Import and Export Agency of Zhongshen International Trade
Home»Renewable Energy» Detailed Explanation of Tariffs and Sea Freight Requirements for Solar Inverters Exported to the EU
solarThe global demand for inverters continues to grow, but when entering the EU market, companies must not only monitor market trends but also understand and comply with relevant tariff and shipping requirements to ensure products can enter the target market safely and smoothly.
Solar Inverter Export Trends
According to the latest data, in September 2023, inverter exports amounted to $702 million, a 5% month-on-month decline. Despite the monthly drop, cumulative exports from January to September reached $8.54 billion, a 43% year-on-year increase. In terms of volume, September exports were 4.1 million units, while cumulative exports from January to September were 42.65 million units, a 21% year-on-year increase.
Notably, European markets showed mixed performance in September. Germany performed well, with export volume up 25% year-on-year, while the Netherlands underperformed, with export volume down 43% year-on-year. In Asian markets, South Korea, India, and Japan all saw significant growth in export volume.
EU Tariff Policies
For imports from ChinaphotovoltaicThe EU has established green thresholds covering components of solar power systems such as photovoltaic panels, solar batteries, and inverters. For these products, the EU will impose a 17% sales tax. Therefore, companies planning to enter the EU market must factor this additional cost into their budgets.
To ensure the safety of inverters during transportation, a series of packaging requirements must be followed:
(1) The packaging materials should be able to withstand various impacts and vibrations along the direction of transportation. (2) For inverters with specific dimensional requirements, such as cylindrical shapes, the packaging should ensure the products stability inside. (3) The inverter should have no room for rotation or displacement within the packaging. (4) The packaging should be intact, with no visible signs of damage or deformation.