overcapacity
overcapacity — noun
1. A mismatch between production capacity and customer demand, where companies make
A mismatch between production capacity and customer demand, where companies make more goods or offer more services than people are willing to buy at current prices.
The European steel industry has struggled with chronic overcapacity for more than a decade.
collocation: chronic overcapacity
Quan warned investors that overcapacity in the solar panel market could push prices down sharply.
When demand dropped after the pandemic, Ritu's factory operated at half speed due to overcapacity.
Government subsidies in the chemical sector had created serious overcapacity across the region.
Walid's report showed that overcapacity in global shipping cut freight rates by thirty percent.
- oversupply
focuses on the excess quantity of goods rather than production capacity itself
- glut
more informal and dramatic; suggests a temporary flood of goods on the market
- surplus
general term for any excess; lacks the specific meaning of unused production capacity
- shortage
situation where demand exceeds supply
- underproduction
producing less than what could be sold
用法筆記
Frequently used with an industry sector in a phrase introduced by 'in' (e.g. 'overcapacity in steel'). Subject is usually an industry, economy, or production sector.
常見錯誤
2. A condition in which a container, space, or system holds an amount that fills or
A condition in which a container, space, or system holds an amount that fills or goes beyond its intended limit, so that it cannot safely or properly contain everything inside.
The water tank reached overcapacity after three days of heavy rain in the hills.
phrase: reach overcapacity
Ife realized the storage unit had overcapacity, so several boxes would have to stay in the hall.
The elevator's safety system stopped it from moving when it detected overcapacity in the cabin.
Lucía checked the cargo weight three times to avoid overcapacity on the passenger plane.
用法筆記
Object of the containment is usually a physical item or substance (water, cargo, luggage). Less common than the industry sense; hearers may misinterpret it as the manufacturing meaning unless context clearly names a container.