Adjust Sweden's Plant Capex Across Time
Plant construction costs in Sweden shift month after month — and a capex reference from a past study needs adjusting before it can guide a current decision. The Plant Construction Cost Index (IC Index) makes that adjustment: anchored to a January 2000 = 100 base, the ratio of the index at two dates scales any past Swedish plant cost into another date's terms.
The chart above is a historical sample. Up-to-date monthly values and a 10-year history are delivered with an Industry Economics & Competitiveness subscription.
Convert Plant Capex from Other Countries to Sweden
Where the IC Index adjusts Sweden's plant costs across time, a companion series converts peer-country plant costs into Sweden's terms. Sweden's report also includes a monthly Plant Location Factor (IL Factor) for each of the other 32 countries in the program. Sweden itself is the baseline, anchored at 1.00. Multiplying any peer-country plant construction cost by its IL Factor returns the equivalent cost in Sweden.
The figures on the right are a historical sample; up-to-date monthly values are delivered with an Industry Economics & Competitiveness subscription.
Beyond Construction Cost Indexes
The IC Index and the IL Factors are part of the Industry Economics & Competitiveness subscription — a monthly program benchmarking commodities manufacturing competitiveness across 33 countries, including Sweden.
33 Key Countries
Country-by-country monthly reports covering major industrial hubs — USA, China, Germany, Japan, Brazil, India, and more.
7 Industries Covered
Industry-specific rankings across olefins, aromatics, alcohols & organic acids, polymers, fertilizers, inorganic chemicals, and metals.
Reference Datasets
Country-level cost inputs for plant projects — labor costs, utility prices, construction indexes, and location factors.
Monthly Updates
Fresh data every month, always reflecting the most recent period available, with short-term forecasts on selected series.
Frequently Asked Questions
About the IC Index
Sweden's IC Index is a composite series — each monthly value reconciles the main cost drivers of industrial plant construction: labor, materials, logistics, and the business environment. Each component is weighted by its significance in overall construction costs, and the same methodology produces comparable indexes for all 33 countries covered, with a 6-month forecast alongside the historical record.
Use the IC Index for capital cost estimation, feasibility studies, and investment analysis. It applies to commodity manufacturing plants across the program's 7 covered industries — olefins, aromatics, alcohols & organic acids, polymers, fertilizers, inorganic chemicals, and metals.
About the IL Factors
Sweden's IL Factor table aggregates country-level differences in the main cost drivers of industrial plant construction: labor, materials, logistics, and the business environment. Each driver is weighted by its significance in overall construction costs, and the same methodology produces a comparable IL Factor table for every country in the program — each anchored to its own report country = 1.00.
Use the IL Factors for cross-country capital cost comparisons, location studies, and global sourcing decisions. Like the IC Index, they apply to commodity manufacturing plants across the same 7 covered industries.
About Sweden's Manufacturing Industry
Sweden's economy is known for its innovation, high standards of living, and strong social welfare system. As one of the most competitive and technologically advanced economies in the world,
Sweden's economy is highly developed and innovative, known for its strong emphasis on technology, sustainability, and social welfare. The country boasts a diverse industrial base, with key sectors including telecommunications, machinery, pharmaceuticals, and renewable energy, all contributing significantly to economic growth and export performance.
Sweden's manufacturing sector is marked by its focus on advanced engineering and sustainable practices. The country has made substantial investments in green technologies, enhancing its global competitiveness and reputation as a leader in environmentally responsible manufacturing.
As Sweden continues to embrace digital transformation and sustainability, its manufacturing industry remains central to the economy, supporting Sweden's role as a leading industrial nation in Europe and on the global stage.