Press release
Retail: Fuel Cards in Hungary Market
Fuel Cards in Hungary 2016 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 2021, key data on independent and oil company card issuers and an analysis of fuel card competition in Hungary
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Key Findings
- The total number of service stations in Hungary marginally declined by 0.1% in 2015 totaling 1,579 service stations. Over 10,000 new fuel cards will be issued between 2016 and 2021, totaling to 189,254 cards in the market.
- Fleet card volumes will continue to grow rising 10.0% between 2016 and 2021 to total 430.2m litres by the end of 2021. The top five fuel card operators made up 91.0% of fuel card volumes in 2015.
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Synopsis
Fuel card volumes account for 25.1% of total fuel sold in Hungary in 2016, and will continue to grow towards 2021.
ReasonsToBuy
- Plan effective market entry strategies by uncovering current and future volumes and values of the Hungarian fuel card market. 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.
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