In 2016 Rabobank's senior analyst Marc Soccio said
China's position as Australia's largest wine export market had ushered in a 'red dawn' for winemakers.
"Overall this has led to a marked shift in demand for red varietals from premium temperate climate regions such as the Barossa Valley, McLaren Vale and Coonawarra, and premium cool climate regions such as the Mornington Peninsula and Tasmania, over fruit from the more commercial warm inland regions," Mr Soccio said.
In 1981, 8 million litres were exported, in 2020 Australia was the world's fifth largest wine exporter with more than 60 per cent of the country's wine exported.
Over the past year, more than 770 million litres have been sent to 117 destinations world wide.
The Chinese market is worth almost four times as much to Australian winemakers as the second most valuable market, the United States.