Glossary of Terms

Alphabetical reference of terms used throughout Intratec's Industry Economics & Competitiveness (IIE) methodology.
Term Definition
Assessment Intratec's published value for a price or cost, produced by its methodology.
Assessment basis The specification a value refers to: location, grade/quality, and delivery terms.
CAPEX (Capital expenditures) The investment cost of building or expanding a plant.
Capital investment Total capital required to bring a plant into operation.
Cash cost The recurring out-of-pocket operating cost, excluding capital recovery.
cfr (Cost and Freight) An Incoterm: price includes cost and freight to the destination port, excluding insurance.
cif (Cost, Insurance and Freight) An Incoterm: price includes cost, insurance, and freight to the destination port.
Commodity family One of the seven industry groups the IIE covers (e.g. Polymers, Fertilizers).
Compiled price A price built from validated public-source series, cleaned of anomalies and averaged over the month.
Contract price A price for supply under contract terms, as opposed to spot.
ddp (Delivered Duty Paid) An Incoterm: the seller delivers goods cleared for import, with all costs and duties paid.
Final (Fi) Data status label for verified official statistics.
Forecast (F) Data status label for a forward-looking model prediction.
Foundation pillar One of the 8 base pillars applied to every commodity family.
Industry-Specific pillar One of the 6 pillars evaluated separately per commodity family.
ISBL (Inside Battery Limits) The core process units of a plant.
Location factor A multiplier for relative plant construction cost between countries (reference = 1.00).
Netback A value at the loading terminal, derived by subtracting freight from a destination price.
Netforward A value at the destination terminal, derived by adding freight to a loading price.
Normalization Aligning values to a common basis so figures are comparable.
OSBL (Outside Battery Limits) Supporting infrastructure of a plant (utilities, storage, offsites).
Pillar One dimension of competitiveness, scored 0–100.
Preliminary (P) Data status label for a model estimate used while official data is unavailable.
Productivity-adjusted A cost weighed against output per worker (most efficient = 1.0×).
Rank A country's position from 1 (most competitive) to 33 (least) within the benchmarking set.
Reference dataset An absolute-value dataset provided alongside the 0–100 scores.
Score A 0–100 value summarizing competitiveness; 50 = global mean.
Tier band A third of the ranking: Upper (1–11), Mid (12–22), Lower (23–33).
Transaction price A filtered trade-based price reflecting a mid-market level.
Unit value A raw trade aggregate: total value divided by total quantity.