Economic term for the balance between supply and demand, often used in news and business contexts.
原油の需給バランスが崩れている。
The supply-demand balance for crude oil is disrupted.
The government adjusted prices to balance supply and demand.
需給ギャップを埋める政策が必要だ。
Policies to close the supply-demand gap are needed.
A sudden surge in demand upset the balance of supply and demand.
Oil-exporting countries cut production to adjust supply and demand.
In winter, the supply and demand of electricity becomes tight.
供給 refers only to 'supply', whereas 需給 combines both supply and demand into one balance concept.
Compound of 需 (demand) and 給 (supply), forming a standard Sino-Japanese economic term.