Have you ever struggled to explain market dynamics, price fluctuations, or competitive strategies using endless spreadsheets or vague bullet points? Supply and demand graphs—the cornerstone of economic analysis—are essential for visualizing how product availability and consumer needs intersect.

Imagine presenting a growth strategy to investors, only to watch their eyes glaze over as you describe “market equilibrium” in text-heavy slides. Without a clear visual, your analysis risks being misunderstood—or ignored. Misaligned supply plans, pricing errors, or missed opportunities become inevitable when teams can’t see the relationship between scarcity and demand. Therefore, creating the correct supply&demand chart is a must-have skill for business analysis.

Supply and demand graphs—a visual powerhouse that maps price (y-axis) against quantity (x-axis), intersecting at the equilibrium point where supply meets demand. These graphs are indispensable for economists, marketers, and entrepreneurs to predict price sensitivity, optimize inventory levels, illustrate market shifts (e.g., new competitors or regulations).

This guide will show you how to create professional supply and demand graphs efficiently using Excel (for data-driven precision), Picdoc(for automatic text-to-diagram generation), Creately (for drag-and-drop simplicity), and Miro (for real-time team collaboration).

Excel

Step-by-step guide on how to create a supply&demand graph in Excel

1.Open a new or existing Excel document where you can to add a supply&demand graph.

2. Input your data.

Enter your supply and demand data into the spreadsheet.

Label the first column "Price," the second column "Quantity Supplied," and the third column "Quantity Demanded."

3. Select your data.

Highlight the data you want to include in your graph.

Click and drag your cursor over the columns and rows that contain your data. Make sure you select the headers too.

4. Click the Insert tab in Microsoft Excel in the top menu bar.

5. Click the Scatter Chart in the Charts section. The icon of Scatter Chart is shown in the following picture:

6. Insert the Scatter Chart.

You will see six different types of scatter charts designed for different needs and purposes. Here we choose the scatter chart with smooth lines and markers, which is to compare at least two sets of values or pairs of data. You can use it when there are few data points or the data represents a set of x,y pairs based on a formula. Choose the suitable scatter and click OK, then you can see a scatter appear in the Excel based on your data.

7. Swap the axis.

When creating supply&demand graph, we usually put the price on vertical axis(y axis) and the quantity on the horizontal axis(x axis), so we need to swap the axis. Use the right Mouse click anywhere in that white area, click the select data option, remove the existing items, add the new one, and edit the series as the following pictures show:

8. Add the chart title.

After successfully swapping the axis, we can add a chart title for our chart.

Click the cross symbol on the right side of the chart, and click chart title. You will see a text box on the top of the chart. Change the text to a suitable title for your chart.

With all the steps above, I believe you now clearly know how to create a supply&demand graph in the excel to visualize your data. Next, I’d like to introduce some alternatives to you to empower your graph making.

Picdoc

Picdoc is a game-changer for data visualization. With its core feature of AI-powered text-to-chart conversion, you can effortlessly turn your data into visually appealing charts in seconds.

Here are some powerful features of Picdoc:

• Fully Editable Charts: Once your chart is generated, Picdoc gives you full control over its design. You can customize colors, fonts, labels, and even the chart type itself. This flexibility allows you to tailor the visuals to match your branding or presentation style. Whether you need to highlight specific data points or adjust the overall look, Picdoc’s editing tools make it easy to create the perfect chart for your needs.
• Absolutely Free: Best of all, Picdoc offers a free version, allow you to have a pleasant visual generation experience without costing you a dime.
• Multilingual Generation: Picdoc allows for content creation in any language. Just input your text in your preferred language, and our tool will effortlessly produce visuals that align with your content, offering a flexible solution for users around the globe.

For example, if you input the following texts in French, Picdoc will generate a visual that adapts perfectly to the French text as the picture shows.

Couldn't wait to have a try? Click here to experience PicDoc for free.

Creately

Creately is a versatile diagramming and collaboration tool that can transform the way you visualize and share information. Here are some of its key features:

• Extensive Diagram Types: Creately supports a wide range of diagram types, including flowcharts, UML diagrams, mind maps, wireframes, and more. This makes it suitable for various professional needs, from software development to business planning.
• Real-Time Collaboration: Teams can work together in real-time, making it ideal for remote and distributed teams. Features like screen sharing and presentations further enhance collaborative efforts.
• Pre-Built Templates and Libraries: Creately offers a rich set of pre-built templates and extensive shape libraries that span multiple use cases and industries. This allows users to get started quickly without having to build everything from scratch.
• Integration Capabilities: Creately integrates with popular tools like Confluence, JIRA, Google Chrome, G Suite, Microsoft Office, GitHub, and Slack. This seamless integration allows for a more streamlined workflow.
• Export Options: Diagrams can be exported in multiple formats, including JPEG, PNG, SVG, and PDF, making it easy to share and present your work.

However, Creately also has some limitations:

• Pricing: While Creately offers a free version, some advanced features are only available in the paid plans.

Miro

Miro is a collaborative online whiteboard platform that enhances team creativity and productivity. Here are some of its standout features:

• Infinite Zoomable Whiteboard: Miro’s whiteboard is zoomable and offers an infinite canvas, allowing users to present ideas, collaborate both asynchronously and in real-time. This is particularly useful for brainstorming sessions and strategic planning.
• Powerful Collaboration Tools: Miro provides real-time updates, video and voice chat, comments, and mentions, making collaboration seamless and efficient. It also includes features like timers and voting tools to make remote meetings more interactive.
• 2,500+ Templates: Miro offers a vast library of templates that reduce setup time and help users get started quickly. These templates cover various use cases, from user story mapping to sprint planning
• Seamless Integrations: Miro integrates with over 100 platforms, including popular tools like Jira, Confluence, and Slack. This makes it easy to incorporate Miro into existing workflows.
• Presentation Mode: Miro’s presentation mode allows users to present their ideas in a structured and engaging manner.

Both Creately and Miro offer robust solutions for graph creation and visual collaboration, with their own unique strengths and limitations. The choice between the two often depends on specific needs, team size, and budget.

Understanding how to create supply and demand graphs in Excel equips you with a foundational skill for visualizing critical business insights—whether analyzing market trends, pricing strategies, or inventory needs. By following the step-by-step Excel guide in this blog, you can confidently plot these graphs manually, ensuring precision and clarity in your data representation.

However, in fast-paced business environments, efficiency and aesthetics matter just as much as accuracy. This is where modern tools like Picdoc, Creately, and Miro shine. Picdoc’s AI-driven text-to-chart feature eliminates tedious manual work, generating polished visuals in seconds—ideal for quick iterations or multilingual reports. Creately bridges data complexity and teamwork, enabling real-time collaboration on dynamic charts linked to live databases, while Miro’s infinite canvas and pre-built templates streamline brainstorming and stakeholder alignment.

Together, these tools address Excel’s limitations: automating repetitive tasks, enhancing design flexibility, and fostering seamless teamwork. Supply and demand graphs are more than static visuals—they are decision-making engines. By combining Excel’s reliability with AI-powered efficiency and collaborative platforms, you can transform raw data into actionable stories that drive business growth. Click here to experience PicDoc，boosting your diagram generation with AI.