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The phrase "demand evaporated" is correct and usable in written English.
You can use this phrase when referring to something that had a significant level of demand, which then suddenly decreased to almost nothing. For example: "Once the health crisis subsided, the demand for face masks evaporated."
Exact(5)
As demand evaporated in important overseas markets, production and exports slumped as much as 40percentthis yearar.
Battered by imploding exports after overseas demand evaporated late last year and by persistently weak domestic demand, Japan has one of the world's worst-performing developed economies.
With shipments overseas down 26percentt from the previous quarter, export-dependent Japan has been harder hit than the United States and Europe as demand evaporated amid the global economic turmoil.
Large corporations started downsizing as well, reacting to poor macro conditions, meaning they dumped millions of square feet of vacant office space on the market for sublease just as demand evaporated.
Commodity prices tumbled even faster than crude oil as global fuel demand evaporated.
Similar(49)
The drop in revenue and the swing to a loss was all about Xbox demand evaporating.
Then Hungary and Horthy's resistance to the Nazis' demands evaporated.
Will their demands evaporate or end up on a back burner?
The strong Japanese yen has bitten into exports while demand has evaporated in crisis-stricken Europe.
With 6.7 million jobs gone — many in the service sector — a lot of demand has evaporated".
The strong Japanese yen has hurt the country's export competitiveness, while demand has evaporated as growth slowed in most regions.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com