SEMI China predicts a 20% oversupply for the global solar module market in 2013, according to a report from a China-based website. Industry consolidation in Asia is expected to continue in 2013, especially in China, the world's largest supply chain.
SEMI China was cited by Ne21.com as noting that the 2013 global solar module capacity will likely show an on-year decrease of 13%, but output volume will increase from 39GW to 43GW, an on-year increase of 10.25%. This means supply is likely to exceed the expected demand of 35GW by 20%. Therefore, the average price of solar module is expected to continue decreasing in 2013.
In China's domestic market, the silicon-based module capacity in 2013 is predicted at around 34GW, representing an on-year decrease of 24.44%, according to SEMI China, as cited by the report. Meanwhile, the thin-film solar module capacity in China is predicted at around 23GW, an on-year decrease of 8%.
Furthermore, SEMI PV Group announced the third-quarter 2012 order statistics of the global solar equipment market. The book-to-bill ratio in the third-quarter was 0.38, meaning for every US$100 of shipments, the suppliers can receive US$38 of orders, said SEMI PV Group.
