26 May 2023 Trading Pressure mounts on Thai solar cells’ alleged circumvention of AD/CVD measures…Operators may adjust their business plans sooner; Thai exports to the US in 2023 may face slower-than-expected growth (Current Issue No.3412 Full Ed.) คะแนนเฉลี่ย คะแนนเฉลี่ย 5 stars 4 stars 3 stars 2 stars 1 star Since early 2023, pressure has mounted on allegations that Chinese solar panel makers have established production bases in four Asian countries, including Thailand, in order to circumvent anti-dumping and countervailing duty (AD/CVD) measures. This is due to different views of members of the US Congress regarding the US President's temporary restraining order, and the announcement of final determinations being deferred from early May to mid-August. As a result, US importers have shifted to new import sources like India, while some Chinese manufacturers in Vietnam also pledge to relocate their production bases to India. KResearch holds the view that some Chinese manufacturers in Thailand are subject to AD/CVD circumvention may adjust their production plans sooner than expected. This would put pressure on Thailand’s shipments of solar panels to the US in the last quarter of this year. As a result, the value of Thai solar panel exports to the US in 2023 is expected to grow only 30 percent, from the previous forecast of 57 percent. Despite signs of a slowdown, export growth remains good. This is because the US still needs solar panels to support power generation, while relying on solar cell imports at a time when investment to build a self-sustaining supply chain at home may require more time. View full article Login / Register Or Enter the code from the poll Annotation This research paper is published for general public. It is made up of various sources. Trustworthy, but the company can not authenticate. reliability The information may be changed at any time without prior notice. Data users need to be careful about the use of information. The Company will not be liable to any user or person for any damages arising from such use. The information in this report does not constitute an offer. Or advice on business decisions Anyhow. Trading Trade protectionismTrade measures Related Analysis View all 21 Feb 2018 Trading 1Q18 Shipments to Expand at least 10% on Surprising Growth in January Exports (Business Brief No.3728) Contrary to the past 5-6 years when the value of January exports tended to fall over-month, January shipments in 2018 posted better-t... Read more 0 KB 0 KB 22 Jan 2018 Trading Export in 1Q18 slowing due to 2017 base effect after surging 11.7% in 4Q17 (Business Brief No.3723) Thailand saw a trade deficit in December 2017 for the second time in the year (after one in July 2017) due to higher than expected imports that had... Read more 0 KB 0 KB 9 Jan 2018 Trading Delayed GSP Renewal has Limited Impact on Thai Exports to US (Current Issue No. 2894 Full Ed.) Over recent years, Thai exports to the US have been relatively competitive, thanks to the US Generalized System of Preferences (GSP). Howeve... Read more 0 KB 0 KB 22 Dec 2017 Trading Recovering Global Economy to Lift 2018 Thai Export Growth to 4.5% (Business Brief No.3720 Full Ed.) Thailand's outward trade grew steadily for the ninth consecutive month in November, thus sending 11M17 export performance to 10.0 percent... Read more 0 KB 0 KB 22 Nov 2017 Trading Thai Export Strength Continues to the Yearend, Raising 2017 Export Growth to 9% (Business Brief No.3714 Full Ed.) Thai export value in the first month of 4Q17 (October) continues to show bullish signs. - Exports related to oil prices continued to rise,... Read more 0 KB 0 KB 20 Nov 2017 Trading New Era in Bilateral Trade Negotiations with US to Transform Thai Trade Strategies (Current Issue No. 2881 Full Ed.) Bilateral trade negotiations with the US are ushering in a new era following President Trump's historic visit to Asia, November 5-14,... Read more 0 KB 0 KB View all