Lithuania Fuel Cards Market Size and Forecast to 2024 - Analysing Markets, Channels, and Key Players

Lithuania Fuel Cards Market Size and Forecast to 2024 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 2024, key data on independent and oil company card issuers and an analysis of fuel card competition in Lithuania.

Fleet card volumes grew by 2.6%, from 278.8 million liters in 2019 to 286 million liters in 2020

The total number of service stations in Lithuania grew by 1%, from 718 in 2019 to 725 in 2020. More than 1,200 new fuel cards will be issued during 2020-2024, resulting in a total of 164,177 cards in the market. Out of the total active cards in the market, 30.2% will be held by fleet vehicles and 69.8% by CRT vehicles. Fuel card volumes will rise by 14.7% from 2020 to 2024, reaching 1.43 billion liters in 2024

Reasons to Buy

• Plan effective market entry strategies by uncovering current and future volumes and values of the Lithuanian 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.
• Plan your regional strategy by understanding the Eastern European markets, Poland, Romania, Czech Republic, Hungary, Slovakia, Lithuania, Estonia.