Monitor Key Manufacturing Costs & Indexes in Australia

Australia Plant Construction Cost Index

Subscribe now and access key factors impacting the costs of commodity manufacturing in up to 33 countries

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.

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Data

Integration

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 Australia 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)

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 Australia Manufacturing Industry

Australia's economy is a robust and diverse powerhouse, known for its strong focus on both natural resource extraction and advanced manufacturing. With a well-developed mixed-market economy, Australia has leveraged its abundant natural resources, particularly in mining and agriculture, to become a leading exporter of commodities like iron ore, coal, and agricultural products. This resource-driven strength is complemented by a growing and innovative manufacturing sector, which contributes significantly to the country's GDP and export performance.

Australia's manufacturing industry is characterized by its high-quality production, advanced technology, and a focus on sectors such as automotive, aerospace, pharmaceuticals, and food processing. The country's manufacturing strength is supported by a skilled workforce, substantial investment in research and development, and a commitment to innovation and sustainability. Australia has also made significant strides in developing green technologies and renewable energy solutions, aligning its industrial growth with global environmental trends.

As Australia continues to navigate global economic challenges and embrace digital transformation, its manufacturing industry remains a key pillar of the economy. This sector not only bolsters Australia's economic resilience but also enhances its position as a competitive and sustainable industrial player on the global stage.