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 Singapore 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)
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 Singapore Manufacturing Industry
Singapore's economy is known for its robust and highly developed industrial base, characterized by a strong emphasis on innovation, technology, and global trade. As a major financial and logistics hub in Southeast Asia, Singapore excels in various sectors, including electronics, pharmaceuticals, biotechnology, and precision engineering. The manufacturing sector plays a crucial role in Singapore’s GDP, contributing significantly to employment and economic growth.
The Singaporean manufacturing industry is distinguished by its focus on high-quality production and advanced technological capabilities. With a highly skilled workforce and state-of-the-art infrastructure, Singapore has established itself as a leader in producing high-value goods. The electronics and semiconductor sectors are particularly prominent, driving substantial export revenues and positioning the country at the forefront of technological innovation.
As Singapore adapts to global economic trends, such as sustainability and digital transformation, its manufacturing sector remains essential to economic resilience. The country is increasingly investing in green technologies and smart manufacturing practices, reinforcing its commitment to sustainable industrial development. With a strong emphasis on research and development, Singapore is well-positioned to continue its legacy as a key player in the global manufacturing landscape for years to come.