Spain Plant Construction Cost Index
Subscribe & Adjust Industrial Plant Capital Costs in Spain 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 Spain and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics Worldwide.
Chart Description. The IC Index for Spain 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 Spain has risen by 5% during this period. For example, if the cost of building a plant in Spain 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 Spain 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).
Intratec Industry Economics Worldwide
Assess Manufacturing Competitiveness of Spain & 32 other Countries
Plans Starting at $149 USD /year
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 Spain Manufacturing Industry. Spain's economy is one of the largest in Europe, characterized by a diverse industrial base that plays a crucial role in both national and regional markets. Known for its rich cultural heritage and strategic location, Spain excels in various sectors, including automotive, textiles, food and beverage, and renewable energy. The manufacturing sector significantly contributes to Spain’s GDP, driving employment and fostering economic growth.
The Spanish manufacturing industry is recognized for its emphasis on quality and innovation. With a skilled workforce and robust infrastructure, Spain has become an attractive destination for both domestic and foreign investment, particularly in sectors such as automotive and machinery. The country’s strong focus on renewable energy technologies has also positioned it as a leader in sustainable manufacturing practices.
As Spain navigates global economic challenges, including sustainability and digital transformation, its manufacturing sector remains essential to economic resilience. The country is increasingly investing in green technologies and innovative practices, reinforcing its commitment to sustainable industrial development. With a focus on enhancing skills and fostering research and development, Spain is well-positioned to continue its trajectory as a key player in the global manufacturing landscape for years to come.
