HGV market accelerates 12.9 per cent in 2021

New heavy goods vehicle (HGV) registrations rose by 12.9% in 2021, with truck registrations surging from a 2020 fall of -32.2%, according to the SMMT. However, the global semiconductor shortage, as well as supply constraints affecting steel and aluminium, impacted availability, resulting in 7,571 fewer (-16.9%) HGV units registered compared with the pre-pandemic average.

Some 37,163 units were registered last year, 57.1% of which were rigids, while 42.9% were articulated trucks, in line with market splits seen in previous years, though both segments grew with 2,239 more rigids (+11.8%) and 2,006 more artics (+14.4%) registered than 2020.

As construction began to bounce back during the year, tipper demand rose by 32.5% to 3,808 units. Tractor units were the most popular type of HGV, with 15,679 units (+16.0%) representing a market share of 42.1%, while refuse trucks increased by 2.0% to 2,067 units. Conversely, box van registrations fell slightly, by -1.2% to 4,054 units, while curtain-sided lorries declined by -6.3% to 2,452 units.

In terms of UK nations, the majority of registrations were recorded in England (87.8%), followed by Scotland (6.9%), Wales (3.0%) and Northern Ireland (2.2%). Regionally, most registrations were made in South East England (23.2%), North West (12%), West Midlands (12%) and Yorkshire & Humberside (11.9%).

Mike Hawes, SMMT Chief Executive, said: "With so much of our economy dependant on HGVs, the market’s return to growth is good news as getting more of the latest, high tech and low emission trucks onto the roads is critical to both air quality and climate change improvements. However, the sheer variety of functions HGVs perform, in logistics, construction and waste collection to name but three, illustrates how a range of technologies may be necessary to decarbonise road transport. Manufacturers are investing billions in such technologies, including battery electric, hydrogen and other alternative fuels but operators will need clarity, affordability and evidence on an infrastructure plan dedicated to their needs if this transition is to be delivered on time."