Japan Plant Construction Cost Index
Subscribe & Adjust Industrial Plant Capital Costs in Japan 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 Japan and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics Worldwide.
Chart Description. The IC Index for Japan 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 Japan has risen by 5% during this period. For example, if the cost of building a plant in Japan 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 Japan 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 Japan Manufacturing Industry. Japan's economy is one of the largest and most advanced in the world, characterized by a highly developed industrial sector that plays a critical role in both national and global markets. Known for its innovative technology and rich cultural heritage, Japan excels in various industries, including automotive, electronics, robotics, and machinery. The manufacturing sector is a significant contributor to Japan’s GDP, driving employment and economic growth.
The Japanese manufacturing industry is recognized for its focus on quality, precision, and technological advancement. With a highly skilled workforce and a robust infrastructure, Japan has established itself as a leader in producing high-value goods. The automotive sector, in particular, is a cornerstone of the economy, known for its engineering excellence and commitment to innovation.
As Japan adapts to global economic trends, such as sustainability and digital transformation, its manufacturing sector remains essential to economic stability. The country is investing in green technologies and smart manufacturing practices to enhance its competitiveness in the global market. With a strong emphasis on research and development, Japan is well-positioned to maintain its status as a key player in the global manufacturing landscape for years to come.
