Total number of service stations in Luxembourg decreased by 3.6% in 2016, totaling 238 service stations.Over 700 new fuel cards were issued in 2016, totaling to 47,778 cards in the market. Of those cards 63.8% were held by fleet vehicles and 36.2% CRT vehicles.Fuel card volumes decreased by 0.7% in 2016 to 1,334.7 million litres, continuing the trend started in 2014.Fuel card volumes account for 57.0% of total fuel sold in Luxembourg in 2016, and will account for a higher proportion towards 2022.
Over 1,800 new fuel cards will be issued between 2017 and 2022, totaling to 49,830 cards in the market. Of those cards 65.3% will be held by fleet vehicles and 34.7% CRT vehicles.Fuel card volumes will decrease by 11.8% between 2017 and 2022 totaling 1,175 million litres in 2022.Fuel card volumes will account for 58.0% of total fuel sold in Luxembourg in 2022, as it increases annually between 2018 and 2022.
Fleet card volumes will start to decline falling 8.5% between 2017 and 2022 to total 549m litres by the end of 2022. CRT card volumes decreased by 2.5% in 2016.after falling by 6.5% in 2015. Between 2017 and 2022 CRT card volumes will fall by 14.5%, totaling 626m litres by the end of 2022.
Top five fuel card operators made up 74.4% of fuel card volumes in 2016 as they all offer large card acceptance networks, while also offering a wide range of services such as toll payments and online monitoring. Shell remained the fuel card market leader in Luxembourg as it maintained its market share in 2016, accounting for 21.2% as clients were drawn to its wide range of card services.
Esso is the largest fleet card operator in Luxembourg selling 24.5% of fleet volumes and Shell is the largest CRT card operator selling 22.7% of CRT volumes sold in 2016.
The report "Fuel Cards in Luxembourg 2017", 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 Luxembourg.
Companies mentioned in this report:Shell, BP, Esso, DKV, UTA, TOTAL, Q8, Agip (Eni), ROUTEX, AS24, Aral, OMV, Texaco.
- The total number of service stations in Luxembourg decreased by 3.6% in 2016 totalling 238 service stations.
- Over 1,800 new fuel cards will be issued between 2017 and 2022, totalling to 49,830 cards in the market.
- Total fleet card volumes rose by 1.6% in 2016 breaking the downward trend started in 2014.Shell remained the fuel card market leader in Luxembourg as it maintained its market share in 2016, accounting for 21.2% as clients were drawn to its wide range of card services.
- Plan effective market entry strategies by uncovering current and future volumes and values of the Luxembourg 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.
Competitor Card Analysis