Chile Plant Construction Cost Index
Subscribe & Adjust Industrial Plant Capital Costs in Chile 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 Chile and up to 32 other countries are provided with the annual subscription to Intratec Industry Economics Worldwide.
Chart Description. The IC Index for Chile 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 Chile has risen by 5% during this period. For example, if the cost of building a plant in Chile 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 Chile 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
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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 Chile Manufacturing Industry. Chile's economy is one of the most stable and prosperous in Latin America, known for its strong emphasis on free-market policies, economic openness, and a solid industrial base. The country has built a diverse economy with key sectors such as mining, agriculture, and manufacturing playing vital roles. In particular, Chile is the world's largest producer of copper, making mining a significant contributor to its GDP and export performance.
The manufacturing sector in Chile is diverse, encompassing industries such as food processing, chemicals, and textiles. This sector is characterized by its ability to add value to the country’s abundant natural resources, particularly in food and beverage production, where Chile has become a leading exporter. The sector also benefits from Chile’s strong trade agreements and access to global markets, which have helped boost the country’s industrial capabilities and competitiveness.
As Chile continues to focus on economic diversification and innovation, its manufacturing industry remains a key pillar of the economy. The country’s commitment to improving infrastructure, enhancing education and skills, and fostering innovation ensures that Chile will continue to be a competitive industrial and economic player on the global stage.
