[SMM PV News] Brazil's PV Module Imports Drop 24% to 17.9 GWp in 2025

Published: Mar 30, 2026 09:32

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According to consultancy 'Greener', Brazil imported 17.9 GWp of PV modules in 2025, a 24% decline from 2024, with 79% destined for the distributed generation segment. The drop reflects an inventory buildup as distributed additions slowed to 8.8 GW. Despite a fragmented market of 115 brands, the top 10 suppliers—led by JA Solar, Longi, Astronergy, and Risen—accounted for 59% of imports. Import costs have surged to 44% of the product's 'CIF' value due to higher import duties (up from 9% to 25%) and rising freight costs. Looking ahead, the market faces further pricing impacts from the end of Chinese export tax incentives, though some utility-scale projects may benefit from reinstated duty quotas.

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