Fuel Cards Report - Finland 2023

Fuel Cards Report - Finland 2023

Summary

Fuel Cards in Finland 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 forecasts to 2028 in Finland.

Fleet card volumes decreased by 0.8% between 2022 and 2023, from 6.63 billion liters to 6.57 billion liters.

Scope

• The total number of service stations in Finland decreased by 0.1%, from 2,242 in 2022 to 2,240 in 2023. More than 11,200 new fuel cards will be issued during 2024-28, resulting in a total of 758,596 cards in the market. Out of the total active cards in the market, 57.7% will be held by fleet vehicles and 42.3% by CRT vehicles in 2028. Fuel card volumes will rise at a compound annual growth rate (CAGR) of 0.1% during 2024-28, reaching 1.1 billion liters in 2028.

• Plan effective market entry strategies by uncovering current and future volumes and values of the Finnish fuel card market. Assess 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 network acceptance. Plan your regional strategy by understanding the Northern European markets, Finland, Denmark, Sweden and Norway.