global demand
- noun
- /ˈɡloʊbəl dɪˈmænd/
- Specialized
- The Canadian economy was in the midst of a period of expansion buoyed by a global demand for wheat and the abundant domestic supply of this staple.
- rising global demand
- global demand growth
- global demand for oil
Examples
-
More than 90 percent of the increase in global demand will occur in the developing world for two reasons.
Academic text (1997) -
We all know what rising global demand did to the price of oil.
Academic text (2010) -
The United States is no longer a driver of growth in the global demand for oil.
Academic text (2009) -
During the same time, global demand for meat products increased and continues to increase.
Academic text (2011) -
Because the economy is improving, global demand for goods is increasing across the board.
Blog text (4) -
In recent years, global demand growth has been driven mainly by demand in the United States, the Middle East, and China.
Academic text (2009) -
If global demand for oil grows, sanctions will be even less effective.
Academic text (2011) -
Recent projections indicate that global demand for food could double from 1990 to 2030.
Academic text (1997) -
Oil prices have oscillated wildly, and oil production has declined as global demand has decreased.
Blog text (32) -
Recent studies indicate that global demand for renewable energy sources is rising significantly.
Synonyms
How much people want and can buy of a product at a price
The total amount that people, businesses, and the government want to buy in a country at one time
Antonyms
Surface Forms
Morphology
The meaning ('total demand across countries/economies') is directly and compositionally derived from combining 'global' (pertaining to all countries/regions) with 'demand' (quantity demanded). This straightforward adjective+noun composition is cross-linguistically common and follows regular English compounding rules, so a B1 learner who knows both constituents will readily infer the MWE meaning.
Etymology
The noun global demand comes from the image of buyers and markets all over the world wanting the same goods. The word global means 'worldwide' and demand means 'want', so the phrase refers to the total want for products and services around the world.