Czech Republic Plant Construction Cost Index
Subscribe & Adjust Industrial Plant Capital Costs in Czech Republic over Time
Plant Construction Indexes (IC Indexes) are unbiased multipliers for instantaneously adjusting construction costs of industrial plants over time. These monthly series measure the changes in the average cost of constructing a manufacturing plant, with historical data and short-term forecasts available to predict trends.
IC indexes and key manufacturing cost factors in Czech Republic and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics Worldwide.
Chart Description. The IC Index for Czech Republic experienced a 5% increase in August 2019, up from the previous year's index value of 130, reaching a value of 136. This means that the average cost of constructing an industrial plant in Czech Republic has risen by 5% during this period. For example, if the cost of building a plant in Czech Republic was USD 100 million in August 2018, the 5% increase in the IC Index suggests that the same plant would cost approximately USD 105 million in August 2019.
Data Use. The monthly IC indexes series measure the change in the average cost at which a plant is constructed. All available IC indexes series start back in January 2000 (base period) when the indexes are set at 100 (base value). IC indexes and key manufacturing cost factors in Czech Republic and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics Worldwide. To better understand data provided check Intratec Industry Economics Worldwide Methodology .
Data Delivery Methods. IC Indexes are available via different delivery methods: (i) online charts; (ii) directly into Excel (using Intratec Add-in); or (iii) a web API (to facilitate integration with existing workflows).
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About IC Indexes. IC Indexes are based on a robust methodology, which involves gathering and processing a huge amount of data from several countries. The index reconciles prices trends of fundamental components of an industrial plant construction such as labor, material and energy, providing meaningful historical and forecast data for users.
IC Indexes are straightforward, handy tools for a series of purposes, like capex estimation, feasibility studies and investment analysis. Intratec Plant Construction Indexes cover as many as 33 countries, and are suitable for industrial plants from several sectors, spanning the fields of Oil & Energy, Fertilizers & Gases, Olefins & Derivatives, Aromatics & Derivatives, Alcohols & Organic Acids, Inorganic Chemicals, Polymers, Food & Nutrition, Metals & Mining, Pharmaceuticals and Water & Utilities.
About Czech Republic Manufacturing Industry. The Czech Republic's economy is one of the most robust and industrialized in Central Europe, known for its strong manufacturing base and high levels of exports. Manufacturing plays a crucial role in the country's economic structure, particularly in sectors such as automotive, machinery, electronics, and chemicals, contributing significantly to GDP, employment, and international trade.
The country's manufacturing strength is supported by a skilled workforce, a well-developed infrastructure, and strategic location within Europe, making it an attractive hub for both domestic and foreign investment. The Czech Republic is particularly renowned for its automotive industry, with major global car manufacturers operating in the country, which bolsters its reputation as a key player in European manufacturing.
As the Czech Republic continues to adapt to global trends such as digitalization and green technologies, its manufacturing sector remains a cornerstone of the economy, ensuring the country’s competitiveness and sustained economic growth in the European and global markets.
