Fuel Cards in Hungary 2019

Fuel Cards in Hungary 2019

  • March 2020 •
  • 45 pages •
  • Report ID: 4719510 •
  • Format: PDF
Fuel Cards in Hungary 2019

Summary
Fuel Cards in Hungary 2019 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 2023, key data on independent and oil company card issuers and an analysis of fuel card competition in Hungary.

Fleet card volumes rose by 5.7%, from 651.1 million liters in 2018 to 688.2 million liters in 2019

Scope
- The total number of service stations in Hungary grew by 4.7%, from 2,068 in 2018 to 2,165 in 2019.
- More than 90,000 new fuel cards will be issued during 2019-2023, resulting in a total of 0.8 million cards in the market by 2023.
- Out of the total active cards in the market, 78% will be held by fleet vehicles and 22% by CRT vehicles.
- Fuel card volumes will rise by 26.5% during the 2019-2023 period, reaching 1.9 billion liters in 2023.

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.
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