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 Taiwan 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 Taiwan Manufacturing Industry
Taiwan's economy is known for its dynamic industrial base and robust manufacturing sector, making it one of the most advanced economies in Asia. Renowned for its innovation and technological expertise, Taiwan excels in various industries, including electronics, machinery, chemicals, and textiles. The manufacturing sector significantly contributes to Taiwan’s GDP, driving employment and economic growth.
The Taiwanese manufacturing industry is recognized for its focus on high-quality production and advanced technology. With a highly skilled workforce and strong emphasis on research and development, Taiwan has established itself as a global leader in semiconductor manufacturing and electronics. The country’s ability to adapt to changing market demands has enabled it to maintain a competitive edge in the global supply chain.
As Taiwan navigates global economic challenges, including 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 innovation and collaboration, Taiwan is well-positioned to continue its legacy as a key player in the global manufacturing landscape for years to come.