Fuel Cards in Lithuania 2018

Fuel Cards in Lithuania 2018

Published: June 2019
Publisher: GlobalData
Product ref: 311921
Pages: 45
Format: PDF
Delivery: By product vendor

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Summary

Fuel Cards in Lithuania 2018 is invaluable for issuers of fleet cards, fuel retailers, fleet leasing companies and other suppliers to the sector. Based on research with issuers and fuel retailers it provides commercial (B2B) fuel card volume (split by fleet and CRT), value and market share forecasts to 2022, key data on independent and oil company card issuers and an analysis of fuel card competition in Lithuania.

Total fleet card volumes rose by 6.2% in 2017 to total 238.8 million liters ,continuing the upward trend since 2014.

Scope

• The total number of service stations in Lithuania increased by 0.5% in 2017, bringing the total to 888 service stations.
• Over 2,200 new fuel cards will be issued between 2018 and 2022, totaling 164,376 cards in the market. Of these cards, 31% will be held by fleet vehicles and 69% by CRT vehicles.
• Fuel card volumes will increase by 16.2% between 2018 and 2022, totaling 1.3 billion liters in 2022.

Reasons to buy

• Plan effective market entry strategies by uncovering current and future volumes and values of the Eastern European Europe fuel card markets. Assess whether you should increase network acceptance of your card and identify potential new merchants by uncovering the position of competitors.
• Whether you are an issuer, a processor, a leasing company or a fuel retailer, make informed pitches to partners by understanding their business. Enhance fuel sales at your service stations by identifying which fuel cards you should accept based on their market shares and network acceptance.
• Plan your regional strategy by understanding the Eastern European markets, Poland, Romania, Czech Republic, Hungary, Slovakia, Lithuania and Estonia.



Companies Mentioned
Neste
UTA
Circle K
DKV
Blatic Petroleum
Viada
EMSI

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Related research categories


By sector: Fuel & fuel technology

By market: Lithuania (in Europe)


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