Chile is to surpass the US in imports of Australian wine due to its booming middle class who have developed a taste for mid-range or high quality Australian wines. Chile is predicted to account for a quarter of all Australian wine, according to IBISWorld analyst Andrew Ledovskikh, who added there is "a good opportunity for it to become the largest market over the next five years... and we're seeing that in spirit manufacturing as well." Furthermore, he notes that with "China and Argentina having a weak harvest, there’ll probably be more opportunities for Australian winemakers to find buyers in Chile."
China is to surpass the US in imports of Australian wine due to its booming middle class who have developed a taste for mid-range or high quality Australian wines. China is predicted to account for a quarter of all Australian wine, according to IBISWorld analyst Andrew Ledovskikh, who added there is "a good opportunity for it to become the largest market over the next five years... and we're seeing that in spirit manufacturing as well." Furthermore, he notes that with "Chile and Argentina having a weak harvest, there’ll probably be more opportunities for Australian winemakers to find buyers in China."