Total number of service stations in Belgium increased by 0.4% in 2016, totaling 3,400 service stations.Over 12,000 new fuel cards were issued in 2016, totaling to 1,226,670 cards in the market. Of those cards 83% were held by fleet vehicles and 17% CRT vehicles.Fuel card volumes increased by 4.6% in 2016 to around 2.8Billionlitres, continuing the trend started in 2012.
Over 26,000 new fuel cards will be issued between 2017 and 2022, totaling to around 1.2 million cards in the market. Of those cards 85% will be held by fleet vehicles and 15% CRT vehicles.Fuel card volumes will increase by 12% between 2017 and 2022 totaling over 3.2Billionliters in 2022.Fuel card volumes will account for 45.3% of total fuel sold in Belgium in 2022, as it increases annually between 2018 and 2022.
Fleet card volumes will continue to grow rising by about 14.5% between 2017 and 2022 to total 2,261m liters by the end of 2022. CRT card volumes increased by 3.7% in 2016.after rising by 1.7% in 2015. Between 2017 and 2022 CRT card volumes will rise by 7.5%, totaling 997m litres by the end of 2022.
Top five fuel card operators made up 75% of fuel card volumes in 2016 as they all offer large card acceptance networks across Benelux, while also offering a wide range of services such as toll payments and online monitoring. “TOTAL” remained the Belgian fuel card market leader as it maintained its market share accounting for 21.6% in 2016, as clients were drawn to its large domestic service station and motorway network which covers 15.6% of the market.
The report "Fuel Cards in Belgium 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 Belgium.
Companies mentioned in this report:Shell, BP, Esso, DKV, UTA, TOTAL, Q8, Agip (Eni), ROUTEX, AS24, Aral, OMV, Network Tank, Texaco, Jet.
- The total number of service stations in Belgium increased by 0.4% in 2016 totalling 3,400 service stations.
- Over 26,000 new fuel cards will be issued between 2017 and 2022, totalling to 1,256,401 cards in the market.
- Total fleet card volumes rose by 5.1% in 2016 to total 1,938m litres continuing the upward trend started in 2012.
- The top five fuel card operators made up 75.0% of fuel card volumes in 2016 as they all offer large card acceptance networks across Benelux, while also offering a wide range of services such as toll payments and online monitoring.
- Plan effective market entry strategies by uncovering current and future volumes and values of the Belgian 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