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The phrase "demand rocketed" is correct and usable in written English
It can be used to describe a sudden and significant increase in demand for a product or service. Example: "After the announcement of the new smartphone, demand rocketed, leading to shortages in stores."
Exact(1)
Demand rocketed.
Similar(59)
The IPO was always going to be a blockbuster, but thanks to high demand which rocketed the stock up another 38% after its $21.8 billion opening, underwriters exercised an option to sell another 48 million shares.
Global demand continues rocketing upward, and that rising tide is going to lift a lot of boats".
"We're about to see supply nose-dive, demand sky-rocket and rent prices go through the roof.
Boeing also attributed the job cuts to a decline in demand for rocket launchings after the collapse of satellite projects like Iridium L.L.C.
Although productivity is improving (unit labour costs fell by 3.4% last year), hourly wages and other costs in western Germany still average DM48, almost twice the level in Britain and four times that in Portugal and, after two years of restraint, wage demands have rocketed (see article).
Whilst still theoretically within the commercial harvest window, it is unlikely that growers would wait this long to harvest a crop, as the demand for rocket is so high.
When Sinclair demands the rocket, Cliff divulges to the gang that the actor is a Nazi spy.
As the west outsourced its manufacturing to low-cost centres in Asia, energy demand in China, India and Indonesia rocketed.
Japan is the largest importer of LNG but demand there has rocketed as power companies seek alternative sources for stations knocked out by the shutdown of nuclear plants.
Impressively resilient and versatile, they have benefited from rocketing demand for high-quality capital and consumer goods in emerging markets.
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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