This chart is a sample of Intratec Industry Economics Worldwide. Subscribe now and access key factors impacting the costs of commodity manufacturing in up to 33 countries.
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 Hungary and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics Worldwide. To better understand data provided check Industry Economics Worldwide Methodology .
Data Delivery Methods
IC Indexes are available via different delivery methods:
- Online charts
- Directly into Excel (using Intratec Add-in)
- Power BI dashboards
- 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 Hungary Manufacturing Industry
Hungary's economy is characterized by a dynamic and industrialized landscape, with a strong emphasis on manufacturing and export-driven growth. The country has established itself as a key player in various sectors, including automotive, electronics, pharmaceuticals, and machinery. Manufacturing is a vital contributor to Hungary's GDP, driving employment and economic development.
The Hungarian manufacturing industry is known for its high-quality production and advanced technological capabilities. With a skilled workforce and well-developed infrastructure, Hungary has become an attractive destination for foreign investment. The automotive sector, in particular, has experienced significant growth, bolstered by the presence of numerous multinational companies.
As Hungary adapts to global economic trends, such as sustainability and digitalization, its manufacturing sector remains essential to its economic stability. The country is increasingly investing in innovative technologies and green practices, ensuring its competitiveness in the global market. With a focus on research and development, Hungary is well-positioned to continue its trajectory as a prominent player in the global manufacturing arena for years to come.