China export data for March 2020 has indicated a major rebound in PV panel exports as manufacturers ramped production after the extended New Year and travel restrictions caused by COVID-19 pandemic.
PV panel export figures for March 2020 were 7.49GW, up around 160% from a low of 2.83GW in the previous month.
The major rebound in PV panel exports could partially be attributed to a backlog of orders already in the system but hampered by logistical issues within the supply chain and shipment delays at major Chinese container ports during the height of the COVID-19 lockdowns in the first two months of the year.
The March figures are only slightly below export levels in the prior year period, which stood at 7.56GW.
