Fuel Cards Report - Spain 2023

Fleet card volumes decreased by 0.9% between 2022 and 2023, from 4.13 billion liters to 4.09 billion liters.

Fuel Cards in Spain 2023 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 2028, key data on independent and oil company card issuers and an analysis of fuel card competition in Spain.

Scope

• The total number of service stations in Spain increased by 0.8% during 2022- 23, from 12,084 to 12,176. In 2023, more than 14,800 new fuel cards were issued, bringing the total number of fuel cards in the market to three million. Out of the total active cards in the market, 69.6% were held by fleet vehicles and 30.4% by CRT vehicles. During 2024- 28, fuel card volumes will increase at a compound annual growth rate (CAGR) of 0.6%, to reach 9.7 billion liters in 2028.

Reasons to Buy

• Plan effective market entry strategies by uncovering current and future volumes and values of the Spain 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 top five European markets, Germany, UK, Spain, Italy and France.